Watch out, High Line: A buzzy new park is on its way.
Today the Hudson River Park Trust and the Diller–Von Furstenberg Family Foundation announced plans for a three-acre public green space and outdoor performance venue, Pier 55. The park, devised by British designer Thomas Heatherwick with New York landscape architect Mathews Nielsen, will sit just off Manhattan’s shore, in the Hudson River near 14th Street. Its undulating profile will be supported by hundreds of concrete pylons meant to evoke the piles that keep aloft the now decrepit Pier 54.
Pier 55 will largely be funded (to the tune of $130 million) through a newly established nonprofit organization of the same name, founded by businessman Barry Diller and his wife, entrepreneur and fashion executive Diane von Furstenberg. The state and city of New York are also expected to contribute about $35 million to the ambitious plan.
Construction is slated to begin in 2016 and wrap up in 2019.
