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Old Posted Jul 3, 2012, 10:18 PM
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http://therealdeal.com/blog/2012/06/...ts-point-plan/

Bloomberg officially unveils Related, Sterling’s Willets Point plan




June 14, 2012

Quote:
After spending two years cleaning up 23 acres of Willets Point, the Related Companies and Sterling Equities will start developing the site with a hotel and retail development just east of Citi Field on 126th Street, Mayor Michael Bloomberg announced today...

The developers will start with $100 million in capital funds from the city to demolish faulty infrastructure, clean contaminated lands and build permanent improvements that form the groundwork of the project. Once complete, they’ll begin construction on a 200-room hotel and 30,000 square feet of retail and restaurants. After the first phase for the eastern portion of the site is finished, Related and Sterling will begin work on Willets West, which calls for the conversion of a stadium parking lot into one million square feet of retail and entertainment space, including 200 retail stories, movie theaters, restaurants and entertainment venus. Willets West also includes parking for 2,500 cars and public spaces.

Following Willets West, the developers will return to the east side of Citi Field and create 2,500 housing units, including 875 affordable ones, 280 more hotel rooms, 900,000 square feet of street-level retail space and 500,000 square feet of office space. Additional phases would progress has planned, and the full 62-acre Willets Point plan would allow for up to 5,500 units of housing, a convention center and an eight-acre park.


http://blog.archpaper.com/wordpress/...ts_west_02.jpg



http://observer.com/2012/06/inside-m...-point/#slide1

Inside Metslandia, 52-Acres of Fun at Willets Point


























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Last edited by NYguy; Jul 3, 2012 at 10:29 PM.
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