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Manhattan's Pier 57 to be transformed into $210 million cultural center

Manhattan's Pier 57 to be transformed into $210 million cultural center


August 11, 2010
This article first appeared in the 200909 issue of BD+C.

LOT-EK, Beyer Blinder Belle, and West 8 have been selected as the design team for Hudson River Park's $210 million Pier 57 redevelopment, headed by local developer Young Woo & Associates. The 375,000-sf vacant passenger ship terminal will be transformed into a cultural center, small business incubator, and public park, including a rooftop venue for the Tribeca Film Festival. Uses will include a contemporary culture center for fine art and performances, more than 200 “work-sell” spaces for small businesses, restaurants, and opportunities for waterborne recreation.

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Turner Building Cost Index dips nearly 4% in second quarter 2009

Turner Construction Company announced that the second quarter 2009 Turner Building Cost Index, which measures nonresidential building construction costs in the U.S., has decreased 3.35% from the first quarter 2009 and is 8.92% lower than its peak in the second quarter of 2008. The Turner Building Cost Index number for second quarter 2009 is 837.

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AGC unveils comprehensive plan to revive the construction industry

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