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Forest City and city staff outline conceptual Pier 70 plan; infrastructure costs estimated at about $150 million
Summary
Forest City and city staff presented a conceptual land-use plan for the approximately 25-acre Pier 70 waterfront site, describing a mixed-use 'creative core', preservation of historic structures, an open-space framework and preliminary infrastructure estimates of roughly $150 million. The plan proposes about 1,000 housing units (20% affordable) and significant office and open-space components; term sheet expected to return to the commission soon.
Forest City, the Port and city staff presented a preliminary, conceptual plan for the Port’s Pier 70 waterfront site, describing a mixed-use approach that preserves key historic buildings, creates waterfront parks and sets a path toward a two-year entitlement process.
Kelly Khan of the Mayor’s Office of Economic and Workforce Development said the plan builds on the Port’s 2010 master plan and the community outreach work done since Forest City and Port staff executed an exclusive negotiation agreement in July 2011. Alexa Arena of Forest…
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