The City of New York has unveiled an ambitious plan to revitalize Coney Island's western waterfront, aiming to transform the area into a vibrant residential and recreational hub. Announced by Mayor Eric Adams and the New York City Economic Development Corporation (NYCEDC), the "Coney Island West" initiative seeks to introduce 1,500 mixed-income housing units, enhance retail spaces, and upgrade public amenities, including the historic Riegelmann Boardwalk. This initiative builds upon the momentum generated by the 2009 Coney Island rezoning, which has already facilitated the construction of over 3,400 housing units on the peninsula. The Coney Island West project aims to further this progress by creating a dynamic environment where residents can live, work, and enjoy recreational activities. The plan includes mixed-income housing development, with a specific focus on Parcel A, an 80,000-square-foot site on Surf Avenue between West 21st and West 22nd Streets. The city has issued a Request for Proposals (RFP) for this location, envisioning 500 mixed-income apartments, with 25% designated as affordable housing, alongside ground-floor retail spaces and public parking facilities. Enhancements to public amenities are also a priority, including a $42 million renovation of the Abe Stark Sports Center, which has been a community staple since 1970. Planned upgrades encompass a new entrance, updated signage, and improved amenities to better serve residents and visitors. Additionally, the historic Riegelmann Boardwalk will undergo phased renovations to bolster its structural integrity and incorporate coastal resilience features, ensuring its longevity as a cherished public space. Infrastructure and community improvements are also integral to the plan. The development will introduce new thoroughfares, including Ocean Way and the pedestrian-friendly Parachute Way adjacent to Maimonides Park, enhancing connectivity and accessibility within the neighborhood. Comprehensive infrastructure improvements, including sewer and street upgrades, are planned to support anticipated growth and ensure the area's sustainability. Mayor Adams emphasized the significance of this development, stating, "Coney Island is America’s playground—home to iconic venues and parks, countless small businesses, and a hard-working community. Our administration is advancing a vision to turn this waterfront district into a great place to live, work, and play." As the project moves forward, the city is actively seeking developers who share this vision and are committed to honoring Coney Island's rich history while contributing to its bright future. For those interested in real estate opportunities in the NYC market, including developments like Coney Island West, contact The Big City Team and our team leader Colin O'Leary, at 646-300-2012 for expert guidance and assistance.
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