Youngwoo enters Pier 57 pre-planning stage

Youngwoo & Associates, the development group selected to design and build the Pier 57 site at 15th Street and the Hudson River, has a tall task ahead of it. Since being awarded the project in August, Greg Carney, chief investment officer at Youngwoo, says the group has been working hard to craft a lasting development on the Far West Side, a region already crowded with popular project like the High Line. Youngwoo, which beat out the Durst Organization and Related Companies in the bidding process, currently is working to attract vendors and other businesses to work on the Pier 57 development, Carney told Black Swan Media. “We are fully geared up on the pre-development process,” Carney said. “We’re taking out the rest of the spaces to the market and trying to refine the concept and refine the design and start to fill out the rest of the space.”