East River Plaza
East 116th - 119th Streets, between Pleasant Avenue & FDR Drive; Manhattan, New York
East River Plaza is a multi-level 500,000 square foot retail project with an attached 1,250-space parking facility spanning 3 city blocks. The project sits primarily on the former Washburn Wire factory site and consists of approximately 6 acres adjacent to the FDR Drive between 116th and 119th Streets in Upper Manhattan, New York. The site will be directly accessible via the 116th Street exit of the FDR Drive.
BDG purchased the site in 1996. The site was successfully rezoned allowing the construction for the retail structures and parking facility.
BDG in partnership with Forest City Ratner envisions developing a retail power center anchored by Home Depot and Target, with a total of 500,000 square feet of retail space. The project objective is to create an environment for the box user and national retailer, utilizing the site's large floor area, thereby allowing box users to have a single floor "suburban style" location in Manhattan.
The project is located in the State Empowerment Zone as well as the City's Economic Development Zone. Retail users may be eligible for incentives and other benefits that the project may offer because of its location.
Development Size: Approximately 500,000 SF
Plot Size: 6 Acres
Parking: Approximately 1,250 Spaces
www.eastriverplaza.com