Jay-Z And Beyoncé Nets Arena Groundbreaking Ceremony In Brooklyn

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Hip-hop mogul Jay-Z and his wife Beyonce recently made a public appearance in New York to launch a new basketball arena project in Brooklyn.
On Thursday, the couple attended the official launch ceremony at the site of the New Jersey Nets’ new stadium. The $4.9 billion dollar venue, inside the Barclays Center, seats 18,000 and is slated for completion by 2012, according to PR-Inside.com.
Jay-Z, co-owner of the team since 2004, spoke of his overwhelming pride and feelings of anxiousness at seeing his beloved Nets, currently based in East Rutherford, New Jersey, get a new home in Brooklyn where he grew up.

He told the crowd, “What I stand here and represent is hope for Brooklyn, New York City. I’m a son of Brooklyn, I’m from Marcy projects. I think about growing up in Brooklyn in the Marcy projects and shooting jump shots, thinking I can make it to the NBA. Now I stand here as an owner of a team that’s coming back to Brooklyn. The pride in that, and bringing that dream so much closer for people, brings me so much pride I get a little nervous about it. But I’m happy, very excited about this day.”

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