Triangle Equities plans Staten Island megaproject

TRD New York /
Jan.January 06, 2014 11:35 AM

Triangle Equities is building a mixed-use megaproject that includes a 180-room hotel and 96-unit rental tower – the latest development headed to Staten Island’s North Shore.

Lighthouse Point is slated for a vacant three-acre pier that formerly served as a home to a Coast Guard base and a lighthouse. The hotel will feature a restaurant, underground parking and a public esplanade surrounding it.

The project’s first phase, which includes a three-story retail base at The Rental Tower Near Bay Street, is expected to take a year and a half.

Well over a year after Hurricane Sandy, many businesses on the North Shore of Staten Island are still struggling, and others in the hard-hit area have closed, according to published reports.

In late October, the City Council approved the $580 million Empire Outlets mall project — including 80 stores and a 200-room hotel among a million square feet of mixed-used space – and the 625-foot New York Wheel. Both are on the St. George’s waterfront, also in the North Shore area. [Curbed]Mark Maurer


Related Article

arrow_forward_ios
From left: Brookfield's Ric Clark, Sears at Staten Island Mall, and Eddie Lampert (Credit: Brookfield; Facebook; Getty Images)

Brookfield’s Staten Island Mall anchor tenant, Sears, is closing up shop

A rendering of the New York Wheel (Credit: S9 Architecture | Perkins Eastman)

The New York Wheel is back! Maybe. And it would be smaller.

Former City Council speaker Christine Quinn and 44 Victory Boulevard in Staten Island (Credit: Getty Images and Google Maps)

Plans move forward for homeless shelter on Staten Island

Clockwise from top left: 526 Gulf Avenue, 160-05 Archer Avenue, 572 Richmond Terrace, and 1911 Atlantic Avenue

The top 10 biggest real estate projects coming to NYC

Compass' Joe Tirone and Staten Island (Credit: Compass and iStock)

Compass is opening a Staten Island outpost

South Shore Commons at 2955 Veterans Road West in Staten Island (Credit: Google Maps)

Owner looks to flip Staten Island retail center for almost $60M

Developer scraps Staten Island’s Riverside Galleria project

EB-5 visa program extended… until Dec. 21

arrow_forward_ios