Essex Crossing
in New York, United StatesCategory: Attraction
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106 Chrystie Street, New York, NY 10002, USA Print route »
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Essex Crossing is a planned mixed-use development in New York City's Lower East Side, Manhattan neighborhood, part of the existing area known as the Seward Park Urban Renewal Area (SPURA). The development, at the intersection of Delancey Street and Essex Street, will comprise 1.9 million square feet of space, and be started in spring 2015 with a projected partial completion of 2021 and construction scheduled to last until 2024. The development will cost an estimated US$1.1 billion. It will sit on a total of nine city blocks, most of them razed in the 1970s.The project, originally approved as a component of the Seward Park Urban Renewal Area in October 2012, is expected to create 1,000 housing units, 1,000 permanent jobs, and 5,000 construction jobs. The project, overseen by architect SHoP and developer Taconic Partners, will see built a 60/40 mix of residential and commercial space; created 500 units of permanently affordable housing for low-, moderate-, and middle-income households, and senior housing; and allocated 15,000 square feet of publicly accessible open space.
The idea for the six-acre development was presented to the public in September 2013 by former Mayor Michael Bloomberg, on a site that was occupied by parking lots at the time (the area formerly contained tenements, which were demolished in 1967).
