There’s been a bit of an uptick of info on the plans for the new Moynihan/Penn Station project, with the state releasing new info on the project. And as expected, there’s been lots in the way of changes since the last time I heard anything even close to solid.
You can get a decent sense of the plans from NewsDay and Gothamist, with maps to boot.
They still call for half of the existing Farley Post Office to be converted into an entry hall for the train station. But in addition, the current Madison Square Garden would be torn down and a new aboveground hall would be built over the existing Penn Station, which would also see renovations. A new MSG would be built in the place of the other half of the Farley building. All this, plus anywhere from 4.5 to 10 million square feet of commercial space would be created, either in a few skyscrapers or (more likely) dispersed throughout the surrounding neighborhood.
The timelines and budget have ballooned in size and scope along with the project plans. Right now the estimates of cost is somewhere in the neighborhood of $14 billion, with no clear sense of who’s paying how much between the feds, the state the city and the developers. The proposed first phase (Moynihan Station and the new Garden) would be completed by 2011, with the second phase (demolition of the old Garden and the Penn Station rehab) finishing by 2018.
We still have a long way to go, and a good many people keeping watch over the project, but I think this is a positive step and I have a good feeling about it all. Not often I get to say that about public works of this scale (see my ranting on the Atlantic Yards project if you need proof).
Image by Annie Nyborg via Flickr
Edit: When I found the Gothamist post, I went back and added it in. Can never have too much linkage.