Not happy to simply play host to some of the world’s tallest and most iconic building’s, New York City Mayor has revealed plans to build what will become the world’s tallest Ferris Wheel. Outsizing the London Eye, the newly dubbed ‘New York Wheel’ will stand at 655 feet.
While the structure itself is expected to be a major attraction to its Staten Island waterfront location, Mayor Michael Bloomberg has gone on to explain the larger urban precinct development plans for the entire area, with the investment aimed towards provoking economic stimulus and generating jobs.
Our Administration has made major investments all along the North Shore of Staten Island, because we know that this area is full of potential for growth. But the newest plan is the most exciting of all,” says Bloomberg. “The New York Wheel will be an attraction unlike any other in New York City – even unlike any other on the planet. It will offer unparalleled and breathtaking views, and is sure to become one of the premier attractions in New York City and the latest addition to our newly revitalised waterfront.”
The Wheel, designed by Starenth, will fit into the greater ‘Harbor Commons’, which includes 470,000 square feet of retail space, a 200-room hotel and over 100 retail spaces. Designed by architectural firm SHoP Architects, the area will reflect the culturally industrial roots of the waterfront area, whilst ideologically lying on a basis of sustainable design, building and running practices. In a fashion that is representative of New York green building practices, major buildings will be green roofed, renewable energy will be put into play and the overall development will seek LEED platinum certification.
Functionally, the Wheel will be open every day throughout the year, taking on an expected 4.5 million riders a year. Economic forecasts suggest that the entire development will generate $480 million in private investment, and a job generation of 1,200 construction workers and 1,100 long-term jobs in the complex.
Construction on the Wheel is expected to begin in 2014 with a projected completion date towards the end of 2015.
The project is slated as a major show of industry strength and stimulus. Not only will the development be a strong tourist attraction, generating income from foreign visitors, but it will also regenerate the local market, offer a much needed construction sector boost, and reconnect the under-used space back to the waterfront.