A six-acre parcel on the Lower East Side of New York City, vacant since tenements were torn down in 1967, will be the site of the new Essex Crossing mixed-use development. The product of a compromise between Mayor Michael Bloomberg and various interested community groups, the complex will include ~1,000 apartments, giving priority placement to some of the families who lost their homes in the demolition decades ago. Also on tap for the site, which is also known as the Seward Park urban renewal area, are retailing, offices, a movie theater, parks, and a museum showcasing the work of Andy Warhol.
The plan for the area is a joint effort of SHoP Architects and Beyer Blinder Belle. Developers L&M Development, BFC Partners, Taconic Investment Partners, and Grand Street Settlement will pay the city $180 million. The plan calls for half affordable and half market-rate housing units, representing a pullback in the position of some community groups who have long demanded that all housing on the site should be devoted to low-income residents. Concerns about uncontrolled gentrification have been amplified by the construction of the nearby Blue Building, a 17-story high-end condo project built in 2007.
A tentative timeline calls for the first Essex Crossing buildings to be started within 18 months.
(http://www.nytimes.com/2013/09/18/nyregion/city-plans-redevelopment-for-vacant-area-in-lower-manhattan.html?pagewanted=all&_r=3&)
Related Stories
Architects | Nov 28, 2017
Adding value through integrated technology requires a human touch
To help strike that delicate balance between the human and the high-tech, we must first have an in-depth understanding of our client’s needs as well as a manufacturer’s capabilities.
Architects | Nov 17, 2017
How to leverage historic tax credits
About 90% of the time prospective clients are not aware of historic tax credits.
Sponsored | Architects | Nov 16, 2017
Growing your AEC firm through an exceptional client experience
Many small AEC firms don’t feel they have the time to focus and create clear marketing messages.
Multifamily Housing | Nov 15, 2017
6 noteworthy multifamily developments: artists housing, tech lofts, resort-style senior living
These recently completed projects represent emerging trends and design innovations in the multifamily sector.
Architects | Nov 9, 2017
AECOM and Van Alen Institute announce four Urban SOS® 2017 finalists with bold ideas for creating more equitable cities
Multidisciplinary student teams were challenged to redefine the traditional “hour city” radius, providing broader access to opportunity.
Multifamily Housing | Nov 8, 2017
No place like home: LA’s The Six provides permanent supportive housing for veterans
The 52-unit development gives hope and dignity to homeless or disabled veterans and others in need.
Healthcare Facilities | Nov 6, 2017
Design isn’t enough to foster collaboration in healthcare and research spaces
A new Perkins Eastman white paper finds limited employee interaction at NYU Winthrop Hospital, a year after it opened.
Architects | Nov 6, 2017
How to start a negotiation: Begin as you mean to continue
How you start a negotiation often will determine where you end up, writes negotiation and mediation expert Brenda Radmacher.
Giants 400 | Nov 3, 2017
Top 25 military architecture firms
Jacobs, Michael Baker Intl., and HDR top BD+C’s ranking of the nation’s largest military sector architecture and AE firms, as reported in the 2017 Giants 300 Report.
Engineers | Nov 2, 2017
CannonDesign expands its presence in Colorado with BWG acquisition
Future mergers could be in the offing.
