Empire Outlets and $300 M. Wheel Begin City’s ULURP Process


Staten Island’s proposed Empire Outlets development project – and an accompanying 600-foot, $300 million ferris wheel – entered into the city’s six-month Universal Land Use Review Procedure yesterday.

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If the zoning changes and special permits required for the construction of the development (and the giant wheel) are granted upon completion of the review, Brooklyn-based developer BFC Partners plans to break ground on the one-million-square-foot mixed-use complex in the winter of 2014.

The development and outlet mall will reportedly feature 125 designer retail outlets, a 200-room hotel, restaurants, a playground, expansive water views and a sustainable six-acre roof visible from the harbor.

The New York Post gave a sneak peak at the development yesterday morning, while Crain’s reported that the wheel would cost $300 million.

The New York Wheel, by a developer of the same name, concurrently entered the ULURP process yesterday.  It is slated to become the second largest ferris wheel in the world and will feature a roughly 100,000-square-foot visitors center and parking garage.

It will rank as the second largest ferris wheel in the world once it is complete, with the recently-announced Dubai Eye slated to become the tallest, rising 688 feet at a cost of $1.6 billion.

The Toronto Sun ranked the top ten biggest ferris wheels in the world earlier this year.

Developers expect to complete the Empire Outlets in 2016.