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Developers Vie for Pier 57 Job

NEW YORK CITY-Proposals to develop the 375,000 square feet of buildable space at the historic Hudson River pier were made public Thursday.

By Paul Bubny | Updated on November 20, 2008

NEW YORK CITY-Three proposals to develop 375,000 square feet of buildable space at Manhattan’s Pier 57 were made public on Thursday. The Hudson River Park Trust, which received the three plans in October in response to a June RFP, will review the proposals over the next few months.

As reported by GlobeSt.com, proposals came in last month from the Related Cos., Young Woo & Associates and a joint venture of the Durst Organization and C&K Properties. The HRPT hopes that development of the historic pier, on the Hudson River at 15th Street, will generate revenue to maintain the 550-acre Hudson River Park now under construction.

According to a summary of the plans, Related’s proposal envisions an environment of “diverse and accessible uses that neighborhood residents, park-goers, and New Yorkers would use on a daily basis.” It would include a food marketplace along the lines of San Francisco’s Ferry Terminal Market or Pike’s Place Market in Seattle along with restaurants and cafes occupying a total of 84,000 square feet. There would be a 63,000-square-foot movie theater in which Sundance Films has reportedly indicated an interest. The plan would also include 75,000 square feet of events space, including a central ballroom of 20,000 square feet.

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