|
contents | business | |||||||||
| General Growth Properties to remake South Street Seaport  General Growth Properties Inc, the second-largest US mall operator, released the details of a multi-faceted plan to redevelop the South Street Seaport and return the district to its former glory as a vibrant hub for commerce in Lower Manhattan. This proposal aims to reconnect the Seaport to the fabric of the neighborhood, provide locally-needed amenities and reestablish the area as a dynamic community. GGP has worked closely with local business leaders and the Lower Manhattan community to develop a vision for the Seaport. The plan replaces the enclosed mall with a pedestrian district, more than two acres of additional open space and circulation areas connected to the street grid of the historic Seaport District. New shops and restaurants, a boutique hotel, and a five-star hotel and residential building are proposed.spliterSHoP Architects, headquartered in Lower Manhattan, designed the Seaport's new master plan. The innovative new designs complement existing local architecture using elements and materials that evoke the Seaport's maritime heritage. SHoP is also working with the city to design the East River Esplanade and Piers Project, which provides opportunities for synergies of style and substance between the two projects. The proposed master plan will be reviewed by the city's Landmarks Preservation Commission (LPC). Pending that review, the plan could enter the city's Uniform Land Use Review Process (ULURP) in the spring of 2009, with construction planned to commence in late 2010. Construction is expected to take four years. write your comments about the article :: © 2008 Construction News :: home page |