Business of Green Building: Development Forum with Department of City Planning and L+M Development
- GreenBuildingWW
- Mar 15, 2018
- 2 min read
Join two Mega Development and Infrastructure Forums focused on Zoning and Mega Developments. Plan to join municipal agencies and private entities for Part One dedicated to the historic rezoning of East Harlem.
Public Sector: Leveraging Zoning
The NYC Capital Ten Year Capital strategy 95.8 billion dollars in planned spending. The Ten Year Capital Strategy broadly anticipates funding levels that will enable the City to design its capital projects, leverage rezoning and strengthen its infrastructure.
PART ONE: Mega Development and Infrastructure Forum with L+M Development Partners and the New York City Department of City Planning
The Discussion:
Essex Crossings Development
Sendero Verde Development, L+M Development Partners
96 Block Rezoning within the Eastside of Manhattan
Second Avenue Subway Expansion
Growth and Contracting, MWBE Opportunities
The Projects:
Essex Crossing, new
Essex Crossing heralds a new beginning and represents a true partnership between public and private interests. Construction is currently underway on four of the nine parcels and over 1 million square feet is in development. The entire project is projected to be over 1.65 million square feet with the last parcel expected to commence construction by the winter 2021 and be completed in 2024.
SENDERO VERDE, within the Zone, Large Scale Development and largest passive house development in the nation, new
One of the massive projects to be developed in East Harlem as a result of the recent East Harlem Neighborhood Plan Rezoning is Sendero Verde. This 751,000 square foot mixed use development slated to be the largest passive house development in the nation. The project has made a strong commitment to MWBE participation. It will be a mixed use, highly sustainable development to constructed in three phases.
The East Harlem Rezoning: 96 NYC Blocks, Approved
The East Harlem Neighborhood Rezoning covers 96 blocks generally bounded by East 104th street to the South, East 132nd Street to the North, Park Avenue to the West and Second Avenue to the East. The plan features supporting initiatives related to infrastructure, economic development. The plan involves allocation 50 million dollars in capital improvements in NYCHA stock and 83 million dollars to expand the Harlem River Greenway Link, 15 million dollars to improve the East River Esplanade, 4.7 million dollars for Harlem River Park, and 25 million dollars to renovate La Marqueta.
Second Avenue Subway Expansion
Phase 2 of the Second Avenue Subway will extend service to 125th Street, with stations at 106th, 116th and 125th Streets. The plan includes the 125th Street Connector, which will link that station with the Lexington Avenue subway line and the Metro North Railroad. Phase 2, which would extend the line up to 125th Street near the Harlem River, is expected to cost 6 billion dollars. Tunneling for that will begin in 2019 or 2020.
Mega Development and Infrastructure Forum: Part One
The When and Where: Grand Central
Time: 6:00pm to 7:30pm
Date: Thursday, March 15, 2018
Location: Grand Central Location, 450 Lexington Avenue, New York City
Event Type: Mega Development and Infrastructure Forum and Networking Mixer
The Mega Development and Infrastructure Forums are a collaboration between Green Building Worldwide and EIG. We thank you for your continued participation.
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