Governance Policies, Ordinances and Taxes New York City Creates Model Waterfront Plan

New York City Creates Model Waterfront Plan
E-mail Print

Mayor Mike Bloomberg and the New York City council announced a new 10-year plan and set of ambitious projects that will dramatically remake the city’s 520 miles of shoreline. The city government says the new approach, which is the first major plan focused on the watefront in two decades and the first ever for waterways, will provide a “sustainable framework” that will improve improve access to the waterfront, create new recreational spaces and natural habitats, increase the use of water-based transportation, and offer new opportunities for redevelopment and economic growth.

Along with the plan, there’s a new “action agenda” created with the Economic Development Corporation targeting 130 projects for funding and completion over the next three years. Among the major projects are more than 50 acres of new waterfront parks, 14 new waterfront esplanades, and a new commuter ferry service. These projects are expected to create 13,000 construction jobs and at least 3,400 permanent maritime and industrial jobs.


More from this category...