The mission of Atlantic Avenue Local Development Corporation (AALDC) is to further economic development, historic preservation, and cultural enrichment in the greater Atlantic Avenue area. The AALDC provides information, advocacy, and produces events and projects that promote economic growth and vitality, for the preservation and development in downtown Brooklyn and neighboring communities.
Founded in 1974 by local merchants and community activists, the AALDC is committed to the economic development of the Atlantic Avenue area in Brooklyn, New York from the East River to Flatbush Avenue. Atlantic Avenue is one of the great streets of New York. It is home to people of various cultural backgrounds, vibrant and successful businesses, long standing institutions, and rich architectural character. This 1.5 mile stretch of Atlantic Avenue knits together the established neighborhoods of Brooklyn Heights, Cobble Hill, and Downtown Brooklyn.
In the 1970's this group sought a way to promote Brooklyn and "welcome" visitors to dine, shop, and enjoy the historic Atlantic Avenue areas. The resulting event was the first annual Atlantic Antic in 1974.
In 1986, the Atlantic Avenue Local Development Corporation was formed as a 501(c)3 organization to support the Atlantic Antic and its mission formed to grow these principles into other like programs and advocacy.
Today, the AALDC promotes economic development and works to improve the quality of life in the neighborhoods surrounding Atlantic Avenue. Because business is promoted by preservation of the 19th century buildings on Atlantic Avenue, especially Civil War-era storefronts, the AALDC encourages compliance with the Atlantic Avenue Special Zoning District, which the AALDC helped create.
The AALDC works in the areas of advocacy, preservation, and cultural enrichment as the primary efforts towards furthering the economic development in the area.