The Hudson River Park Trust announced Wednesday it has selected an engineering firm to design the overhaul of Pier 40—the 15-acre sports, parking and office facility that sits atop 3,500 decaying steel piles on Manhattan’s West Side.
Colorado-based Ch2m was tapped by the trust, a quasi-governmental nonprofit that maintains and operates its namesake park, for the job. The repair design is scheduled to take six months.
“Ch2m’s work will allow the pier to be repaired and open to the community for years to come,” said Hudson River Park Trust President and CEO Madelyn Wils, in a statement. Pier 40 is the park’s biggest revenue generator.
The actual repair work, which is scheduled to begin in 2017, will be bid out separately and commence only if the trust gets approval to sell $100 million worth of unused development rights at the pier to the owners of a nearby three-block-long property known as the St. John’s Terminal building. The trust needs the funds from that sale to pay for Pier 40 repairs.
Last year, Westbrook Partners and Atlas Capital Group agreed to buy the air rights and use them to build a five-building, apartment complex with retail at the St. John’s site, located across the street from the pier between Clarkson and Charlton streets. In addition to approval from the trust’s board, the transfer process requires a zoning change, which must be approved by the City Council. The local community board is set to make its nonbinding recommendation on the deal Thursday, the first step in that process.
Separately, the trust has been embroiled in a legal battle over a proposed $130 million park mostly funded by media mogul Barry Diller and fashion designer Diane von Furstenberg that would sit atop a pier north of Pier 40.
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