What formerly housed a rental car storage lot will become the southern end of the new park. It will entail the construction of a synthetic turf multipurpose field for soccer, football, lacrosse, field hockey and other sports, and will be funded by the city at a cost of $7.1 million. The projected completion date is winter 2010.

Construction on the park's second phase will begin early next year and is expected to open in summer 2011 at a cost of $22.6 million. This will create public waterfront access, a playground and a new sustainable building that will include both public space and Parks Department offices, according to a release.

The new building will be powered by solar energy from photovoltaic cells in a shade structure on the roof. The sloping green roof will connect the soccer field area with a hilltop recreational space and playground.

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.