Empire Station Complex moves further towards reality

by

The plan to transform Penn Station and its neighborhood with
a new station and 20 million square feet o few office, hotel and apartment
space took a step forward today,

Governor Andrew Cuomo announced that Empire State
Development’s Board of Directors has adopted the General Project Plan and
certified the draft Environmental Impact Statement for the Empire Station
Complex.

Working with Vornado Realty Trust – which owns much of the
land in the development site –  to state plans
to develop about 20 million square feet of class A commercial office, retail
and hotel space across eight sites

Revenue from the new development will finance improvements
to the existing Penn Station with new entrances and access ways, public space
improvements and enhancements of the surrounding streetscape.

The project, dubbed the Empire Station Complex, was first announced by Gov. Cuomo in his 2020 State of the State agenda and includes the new Moynihan Train Hall, which opened in January.

“The Moynihan Train Hall’s successful completion was a
milestone, but it’s only the first step in a neighborhood-wide revitalization,”
said Cuomo. “The Empire Station Complex project represents the next great
investment in our efforts to rebuild and expand this crucial piece of our
state’s infrastructure and will support economic growth in New York City and
across the entire state.”

The buildings facilitated by the adopted plan will generate
essential revenue for substantial improvements at Penn Station and other
transit facilities in the project area.

Three of the eight proposed sites would accommodate the
potential expansion of Penn Station into the blocks south of the existing
station to allow for the creation of new, below-grade tracks and platforms. The
adopted plan for these sites would require that the above-grade mixed-use
development accommodate the potential expansion under the sites and adjoining
streets.

The design, construction, and operation of an expanded Penn
Station, which is being analyzed as part of a separate planning and federal
environmental review process, would be assumed by the Metropolitan Transit
Authority, Amtrak, and the New Jersey Transit Authority.

The project area is generally bounded by Sixth and Ninth
Avenues to the east and west, and by West 30th and West 34th Streets to the
south and north in Midtown Manhattan, Community Districts 4 and 5.

Empire State Development Chairman Steven M. Cohen said,
“ESD has made significant strides in fulfilling Governor Cuomo’s promise
to finally build the modern transportation rail hub that New York truly
deserves, not merely settles for. The ESD board recognizes that New York’s
future economic vitality directly depends on the infrastructure improvements we
make today, and I appreciate their vote of confidence on this project and for
the Governor’s broader vision to move this state forward.”

Empire State Development Acting Commissioner and President
& CEO-designate Eric Gertler said, “With Moynihan Train Hall and now
this General Project Plan, we are well on the way toward transforming Penn
Station into another iconic symbol of New York City’s future. “

A virtual public hearing on the DEIS and GPP will take place on Tuesday, March 23, 2021,  followed by a 30-day public comment period.

Empire Station Complex is part of Governor Cuomo’s broader
Midtown West redevelopment, announced as part of the 2021 State of the State
agenda. New York State has previously led several successful macro-development
projects in New York City, including Battery Park City, Roosevelt Island and
the transformation of Times Square.

Other elements of Governor Cuomo’s vision for Midtown West
are extending the High Line, replacing the Port Authority Bus Terminal,
transforming Pier 76 from a tow pound to a waterfront park, and the soon to be
completed expansion of the Javits Center.

The $51 billion plan will create 196,000 jobs, new outdoor
spaces, improved public transit and pedestrian connections, and bring
commercial and affordable housing opportunities to the burgeoning Manhattan
neighborhood.

Rep. Carolyn Maloney said, “Moving forward with a modern and revitalized Empire Station Complex is an important step toward the infrastructure investments needed to ensure regional interconnectivity and economic growth. Penn Station is the gateway to New York City for millions of tourists and commuters and should reflect the greatness of our city.”

(Visited 1 times, 19 visits today)