High Line’s last unused section to become piazza

The tree-lined entrance will be located above 10th Avenue at 30th Street

The new addition to the High Line doesn’t have to be the Piazza Garibaldi to please real estate investors.

A 4,500-square-foot piazza is planned for an unused section of the popular elevated park. 

Greenery will abound at the new 420-foot-long walkway spanning 30th Street between 11th and 10th avenues — running into the Related Cos.’ Hudson Yards megadevelopment. A piece of the new section will be a passage — complete with concession stand and balconies — that would thread under one of the Hudson Yards’ office building on its south side.

The path would then turned into a tree-lined part dubbed the “Threshold,” an opening to the piazza, which will be located above 10th Avenue at 30th Street and be the largest open space for the 1.45-mile park. Art installations will be shown at the piazza.

The city Parks Development proposed the plan, which has been approved by the city Design Commission. Construction is slated to start late this year. Parks said it has $21 million in funding. The total price of the project is not yet known.

Since the High Line’s first section opened in 2009, developers and top architects have flocked to build and design around the public park, which spans the Far West Side, the Meatpacking District and Chelsea from Gansevoort Street to 34th Street.

For its latest High Line development, Ziel Feldman’s HFZ Capital Group is looking to raise around $250 million in EB-5 funds. The company plans to build two Bjarke Ingels-designed condominium towers rising 28 and 38 stories tall and totaling 850,000 square feet at 518 West 18th Street. 

http://therealdeal.com/2016/02/18/high-lines-last-unused-section-to-become-piazza/

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