Hudson River Park Trust Seeks New Proposals for Pier 57

Hudson River Park Trust Seeks New Proposals for Pier 57
Providing rare opportunity to develop prime Manhattan waterfront property
Pier 57, one of only two sites that are available for private commercial development on Manhattan’s Westside waterfront south of 59th Street, could soon house a mix of restaurant, retail, recreational, educational and cultural facilities as well as other commercial ventures according to a request for proposals (RFP) issued by the Hudson River Park Trust (HRPT), the not-for-profit entity that is responsible for the design, construction, maintenance and operation of the 550-acre waterfront park.
Located on the Hudson River at 15th Street, the historic Pier 57, a National Historic Registry structure - contains 300,000 square feet of built space. The site is at the western end of Manhattan’s Meat Packing District, considered one of Manhattan’s most sought after neighborhoods. The Meat Packing District has seen an explosion of luxury retail and high-end restaurants, clubs, hotels, galleries and residential development over the last seven years, making Pier 57 an ideal site for private development.
Through the RFP, HRPT is seeking the participation of private developers interested in redeveloping the pier consistent with the Hudson River Park Act which allows this historic pier to be reused for revenue generating commercial facilities that enhance the park.
Pier 57 is being offered to the private sector for up to a 49-year period. Designation criteria include:
• Compatibility of proposed uses with the Park;
• Capacity of the development team to complete the project;
• The design of the project, including its respect for the historic structure;
• And the financial feasibility of the project.
There will be pre-bid meetings and tours scheduled July 16 and July 30, 2008 at 12:00 pm. Proposals are due October 17, 2008 at 5:00 pm. The RFP can be found on the Trust’s website at: http://www.hudsonriverpark.org
Hudson River Park is the largest recreational amenity and open space to be built in Manhattan since the opening of Central Park more than 150 years ago.?With nearly half of the Hudson River Park complete, it offers outdoor sports, recreation and entertainment on 13 new public park piers and a 5-mile biking and jogging path.