Essex Crossing
Official rendering of Essex Crossing buildings at Essex and Delancey Streets | |
| Address | Centered around Essex Street and Delancey Street, New York, NY 10002 |
|---|---|
| Coordinates | 40°43′05″N 73°59′17″W / 40.71806°N 73.98806°W |
| Status | Under construction |
| Groundbreaking | 2015 |
| Estimated completion | 2024 |
| Website | http://essexcrossingnyc.com |
| Companies | |
| Developer | Delancey Street Associates |
| Owner | Essex Crossing NYC |
| Manager | Essex Crossing NYC |
| Technical details | |
| Cost | $1.1 billion |
Essex Crossing is a mixed-use development in New York City's Lower East Side, at the intersection of Delancey Street and Essex Street just north of Seward Park. Essex Crossing will comprise nearly 2,000,000 sq ft (200,000 m2) of space on 6 acres (2+1⁄2 ha) and will cost an estimated US$1.1 billion. Part of the existing Seward Park Urban Renewal Area (SPURA), the development will sit on a total of nine city blocks, most of them occupied by parking lots that replaced tenements razed in 1967.
Essex Crossing, approved on the site of the Seward Park Urban Renewal Area, was developed by Delancey Street Associates (a joint venture of L+M Development Partners, BFC Partners, and Taconic Investment Partners). SHoP Architects and Beyer Blinder Belle designed the master plan. The development has over 1,000 housing units, including affordable housing and senior housing; commercial venues such as a bowling alley, food hall, cinema, and museum; and 15,000 sq ft (1,400 m2) of publicly accessible open space. The plan was presented to the public in September 2013 by then-Mayor Michael Bloomberg, as a compromise solution after decades of political disagreements over the site.
Construction on the project began in 2015, and the first phase of the project was completed in 2018.