The Howard Hughes Corp. Receives Approval of South Street Seaport Redevelopment from NYC Council

NEW YORKThe New York City Council has unanimously approved The Howard Hughes Corp.’s Uniform Land Use Review Procedure (ULURP) for the redevelopment of South Street Seaport.

The proposal includes the transformation of Pier 17, which will include an open rooftop and glass façade for retail space, restaurants and neighborhood shops. Larger open spaces on the pier level are also planned. In addition, The Howard Hughes Corp. will incorporate a locally and regionally sourced food market as part of the redevelopment, which is planned to be open seven days a week.

Construction is slated to begin this fall with a project completion date of 2015.

“Today’s City Council votes to approve the redevelopment of the South Street Seaport are an important step for the future of this dynamic project, ensuring that it will continue to move forward,” said Kyle Kimball, executive director of the New York City Economic Development Corp. “Funded through more than $200 million in private investment, not only will this project create enhanced shopping, dining and entertainment options as well as a new food market and open space to better connect the Seaport to the local community, it will also create hundreds of jobs and revitalize the Seaport for New Yorkers and visitors alike.”

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