Excitement Builds Over 8-Block SPURA Redevelopment in New York

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Monday, November 19, 2012
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Seward Park Urban Renewal Area marked in Orange. (Courtesy NYCEDC)

Seward Park Urban Renewal Area marked in Orange. (Courtesy NYCEDC)

Attention developers! It’s almost time to prepare your visions for one of the largest redevelopment projects in Manhattan, the Seward Park Urban Renewal Area (SPURA), now that all the approvals are in. While an official Request for Proposals (RFP) won’t be issued until early next year, the NYC Economic Development Corporation is getting a jump start on soliciting interest with a new informational brochure issued today including a panoramic new rendering of the SPURA site, marked in orange.

The project calls for up to 1.65 million square feet of mixed-use space built from the ground up on a site covering eight city blocks in the Lower East Side that Robert Moses leveled in the 20th century. The project also calls for a reconstructed Essex Street Market and a new 15,000 square foot park.┬áThe notice comes with a warning that the RFP process “will have an aggressive timeline,” between January and May 2013. Watch for the official RFP to be released at the NYCEDC website, and get ready to rev those rendering engines, architects!

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