Two consultants picked for Far West Side development. (Design and Development).New York City Economic Development Corporation Overview New York City Economic Development Corporation (NYCEDC) is a non-profit local development corporation that promotes economic growth across New York City's five boroughs. president Andrew M. Alper and City Planning city planning, process of planning for the improvement of urban centers in order to provide healthy and safe living conditions, efficient transport and communication, adequate public facilities, and aesthetic surroundings. Director Amanda M. Burden announced the selection of two teams of consultants to assist in development efforts for the Far West Side of Manhattan. Economics Research Associates and Cushman & Wakefield have been chosen as the real estate revenue consultant team, and Cooper Robertson & Partners with Arquitectonica will provide urban design services. These selections are the result of request for proposals issued by EDC EDC See: Export Development Corp. on Apr. 28. "The development of the Hudson Yards is a high priority of the Bloomberg Administration," said Alper. "For New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. to remain competitive in attracting and retaining businesses, we must be able to offer cost-effective locations and alternative business districts. This area has long been overlooked, but with strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. , has real potential to become both a vital central business district and a mixed-use community." "This area has the capacity to become an extraordinary central business district, integrating new housing, open space, and connections to the waterfront," said Burden. "Its success will depend on making appropriate infrastructure investments coupled with a comprehensive urban design plan that creates an identity and a sense of place for the area, incorporating design excellence with open space and streetscape street·scape n. 1. An artistic representation of a street. 2. Surroundings composed of streets: the urban streetscape. improvements." In late 2001, the Department of City Planning issued a strategy for the Hudson Yards (Far West Midtown: A Framework for Development), a 59-block area bounded on the east by Seventh and Eighth Avenues, on the north by W. 42nd St., on the south by W. 28" St., and the Hudson River to the west. The area has seen little investment or growth in the last several decades, despite an extensive infrastructure grid, large commercial uses, such as the Port Authority Bus Terminal The Port Authority Bus Terminal often referred to merely as "The Port Authority" is the main gateway for interstate buses into Manhattan in New York City. It is operated by the Port Authority of New York and New Jersey. , the Jacob K. Javits Convention Center Jacob K. Javits Convention Center is a large convention center on the west side of Manhattan in New York City. It was designed by architects I. M. Pei and partners. The revolutionary space frame structure was built in 1986 and named for New York Senator Jacob K. , Madison Square Garden Current arenas in the National Hockey League Western Conference Eastern Conference , the Penn Plaza office buildings, and major Post Office facilities. The Framework laid out general principles and a strategy to revitalize the area through infrastructure investments, including the extension of the IRT IRT Item Response Theory IRT In Regard To IRT Incident Response Team IRT In Reference To IRT In Regards To IRT Icing Research Tunnel (wind tunnel) IRT Interborough Rapid Transit #7 Subway Line, and improvements and zoning changes to reflect its growth potential. "The Far West Side represents an enormous opportunity for growth and redevelopment," said Deputy Mayor Daniel L. Doctoroff Daniel L. Doctoroff (born July 11, 1958) is Deputy Mayor for Economic Development and Rebuilding for the City of New York. Under the leadership of Mayor Michael R. Bloomberg, Doctoroff has overseen one of the city’s most dramatic economic resurgences, spearheading the effort . "The area has the potential to offer much needed new office, r etail and residential space which are so critical to the City's economic future. The revitalization of the Far West Side will require comprehensive planning as well as strategic financing and investment." Economics Research Associates and Cushman & Wakefield will collaborate with the City's Office of Management and Budget The Office of Management and Budget (OMB), formerly the Bureau of the Budget, is an agency of the federal government that evaluates, formulates, and coordinates management procedures and program objectives within and among departments and agencies of the Executive Branch. and EDC to evaluate the real estate development potential described in the Framework and project the revenue that would result from sources such as incremental property taxes, zoning-based development fees, and sale of development rights in the area. Estimates resulting from the ERA/ C&W study will enable the City to determine the feasibility of issuing bonds to support the necessary infrastructure improvements. "We believe that the development of the Far West Side of Manhattan offers the City an opportunity to create another vibrant and exciting 24-hour community and ERA is pleased to be part of the process," said ERA president Patrick Phillips, who will lead the ERA team along with Kate Coburn, principal of ERA's New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Office. Cooper Robertson and Arquitectonia, in collaboration with City Planning and EDC, will develop an urban design and open space plan based on the land use, density and design principles described in the Framework. The plan will incorporate the proposed expansion of the IRT #7 Subway Line and the potential expansion of the Javits Center. The goal of these efforts is to develop a comprehensive urban design strategy to create a cohesive neighborhood that integrates the existing and new environment and reconnects the area to the City and to the waterfront. This will be accomplished through a combination of new high-density commercial and residential development, entertainment and cultural facilities, generous open spaces, streetscape enhancements and transportation improvements. "Far West Midtown is already a distinctive part of the City. We expect to see it develop its unique character as a highly desirable and sustainable large-scale, mixed-use community," said Alexander Cooper, partner in charge of Cooper Robertson & Partners. The two teams will be expected to work and share data with each other and with relevant City agencies, as well as a third consultant to be named by the Metropolitan Transit Authority. This consultant will work on an Environmental Impact Statement and preliminary engineering on the proposed subway line extension and zoning changes identified in the Framework. |
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