WP/ACG– St. John’s Terminal Building Redevelopment – New York - Project Profile
"WP/ACG– St. John’s Terminal Building Redevelopment – New York - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Westbrook Partners (WP) and Atlas Capital Group LLC (ACG) are planning to construct a mixed-use facility in New York, the US.
The project involves the development of a mixed-use facility on 102,193m2 land. It includes the construction of four residential buildings with 1,500 apartments, a hotel, a public art gallery, retail stores, restaurants, offices space, parking and related facilities.
The project will be executed in phases. The first phase of the project includes 41,806m2 of condominiums space and 9,290m2 of retail space.
Selldorf Architects has been appointed as a design consultant. COOKFOX and TEN Arquitectos (TA) have been appointed as architect. Under the terms, TA prepared preliminary designs for the redevelopment site with a new tower which will rise approximately 20 floors above the existing structure.
In December 2016, WP and ACG received rezoning approval from the City Council.
WP and ACG received a $300 million loan from Morgan Stanley.
The project involves the development of a mixed-use facility on 102,193m2 land in New York City, the US.
The US$500 million project includes the following:
1. Construction of condominiums on 41,806m2 area
2. Construction of a hotel
3. Construction of 1,500 apartments
4. Construction of retail stores on 9,290m2 area
5. Construction of restaurants
6. Construction of offices space
7. Construction of parking facilities
8. Construction of related facilities
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