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News » US » Plans approved for $288m revitalization project in New York » published 8 Sep 2017

Plans approved for $288m revitalization project in New York

Plans have been approved for the redevelopment of Downtown Far Rockaway in New York.

The project has been approved by the New York City Council. The planned investments include building a new park on the site of a city-owned lot, piloting a new ferry service shuttle, building a new library, upgrading sewer infrastructure, expanding sidewalks, and creating new public plazas.

The interagency project will revitalize Downtown Far Rockaway with the neighborhood’s first rezoning since 1961. The aim is for US$288m of investments to bring new commercial space and small business support, affordable housing options, open space, new transit connections, improved infrastructure and community facilities to the area.

“After hearing the community’s vision for their neighborhood, City agencies and local elected officials came together to deliver a transformative plan that’s going to drive economic opportunity, create affordable housing, unlock open space, improve infrastructure, and make Downtown Far Rockaway a better place to live,” said New York City Economic Development Corporation (NYCEDC) president and CEO James Patchett.  

“Today, we begin the journey of building on the progress we have made over the past four years, by infusing hundreds of millions of dollars into infrastructure, quality jobs, parks, streetscape, transit improvements, and both community facility and open space,” said council member Donovan Richards.

 

MPU

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This article was published on 8 Sep 2017 (last updated on 8 Sep 2017).

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