Another mega project is heading to Staten Island, this time, at the Stapleton Waterfront. The mixed used development broke ground at the site of a former Navy Port. The $180 Million project is part of the city's "New Stapleton Waterfront Reviltalization" plan. In addition to housing, it will add 30,000 square feet of retail and a public waterfront esplanade.
In the wake of Hurricane Sandy, devlopers are making sure to include multiple flood-prevention measures. The structure will be surrounded by open space that will protect against flooding and shoreline corrosion. A 30,000 square foot area of tidal wetlands will be created between Canal & Water Streets. An additional storm water management system will remove pollution from the water before it can enter the bay.
The first stage of the project is slated for completion in 2015. Ample parking space will be made available both residental and retail.