Billionaire Barry Diller's $130 million floating park on the Hudson is actually going to get built, and it looks incredible
The new addition to the waterfront will be called Pier 55 and is expected to cost more than $130 million. The City of New York will provide $17 million to the project, while New York State will provide a separate $18 million for the construction of a public esplanade that will lead into the pier.
The addition to New York's waterfront will also have lush gardens, wandering paths, and a 700-seat amphitheater that will host art events and performances.
"New York has always reminded me of Venice, so I am happy the time has come to properly honor its waterways," Von Furstenberg said in a press release.
Diller and von Furstenberg's family foundation created a nonprofit called Pier55 Inc. to maintain the park and commission arts programming for it.To oversee the park's performance venues, they have recruited Oscar-winning producer Scott Rudin, playwright George C. Wolfe, producer Stephen Daldry, and Kate Horton. The new pier was designed by Heatherwick Studio, the same company that designed the Olympic Cauldron for the London 2012 Olympic Games, in collaboration with landscape architect Signe Nielsen."Unexpected topography and captivating spaces will create physical, visual and cultural experiences found nowhere else in the city, much less on the waterfront," Nielsen said in the press release. "The drama and delight of the landscape will make this a magnificent destination that will define a new paradigm of public parks."
Construction for the new pier will begin in 2016 and include the demolition of Pier 54, which once served as the departure point for the Lusitana and was the planned arrival site of the Titanic.Kimon Berlin/FlickrPier 54 has been vastly unused in the past few years."Pier55's imaginative, almost dreamlike design and artistic ambition will touch everyone who visits. This park will be an invaluable public asset for our city for generations to come," Margaret Newman, executive director of the Municipal Art Society, said in the press release.
The pier is expected to be open to the public by late 2019.