The Brooklyn Nets will have a news conference Thursday morning at the site of their future practice facility: Industry City in the Sunset Park section of Brooklyn.

Nets coach Jason Kidd, GM Billy King and Mason Plumlee will be in attendance.

The facility will cost a reported $45 million and is scheduled to be ready in time for the 2015-16 season.

The Nets currently practice at a facility in East Rutherford, N.J.