The Real Deal New York

Department of Buildings OKs Howard Hughes’ Pier 17 plans

Four-story retail hub to rise at the Howard Hughes Corporation-controlled location
April 30, 2015 05:30PM

The Department of Buildings has approved the Howard Hughes Corp.’s plans for the redevelopment of Pier 17.

While much of the waterfront’s future is still in limbo, Curbed reported, the new complex is set to rise at the location of the old Pier 17. The Department of City Planning previously approved plans for a four-story retail hub there.

Dallas-based Howard Hughes controls most of the waterfront.

Pier 17 is at the center of the developer’s plans to revamp the entire South Street Seaport area. Howard Hughes is investing a total of $1.5 billion in the project. The company is also looking to build a nearly 500-foot residential tower nearby.

In February, the company paid $31 million for more than 300,000 square feet of air rights at the Seaport. [Curbed] — Claire Moses