Mini-megaproject to get an ‘upper-upscale’ hotel @trianglequities @Westin

screen_20shot_202016-09-12_20at_2010-00-53_20am-0via Curbed – Staten Island’s mini-megaproject Lighthouse Point just got another major addition. Developer Triangle Equities is partnering with Starwood Hotels & Resorts to bring a 175-room Westin Hotel to the North Shore. The hotel will be built as part of Phase 2 of the overall Lighthouse Point project, which is being built in St. George at a cost of $231 million.

Construction on the first phase is already underway and will see the creation of 65,000 square feet of office and retail, as well as a 12-story rental building with 115 apartments. Twenty percent of the apartments will be permanently affordable. As part of that project, over one acre of the waterfront will become publicly accessible, and will be used for concerts, food festivals, and art exhibits. There will also be a 300-space car parking garage.

The new hotel, the Westin New York Staten Island, will come in the second phase, and is expected to be complete by mid-2019. The second phase will also see the rehabilitation of four historic buildings and underground vaults at the site, and one of these will be incorporated as an amenity space for the hotel once restoration work is complete. This restoration will allow for about 30,000 square feet of retail, restaurant, and office space.

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Staten Island’s Mixed-Use Project Makes Big Strides

Amy Plitt at Curbed.com shares this latest development:

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Rendering of the office/retail space at Lighthouse Point on Staten Island via Triangle Equities

The redevelopment of Staten Island’s St. George neighborhood is chugging right along, and earlier this week, one of the huge projects set for the waterfront—Lighthouse Point—got its proper groundbreaking (though construction began late last year).

Developer Triangle Equities also announced some updates to the site, including the anchor tenant for its 65,000-square-foot retail and office component. That space will go to Regus, a co-working space that already has several offices throughout Manhattan, Brooklyn, and Queens. The stakeholders in Lighthouse Point (which include the NYCEDC and Goldman Sachs’s Urban Investment Group) are positioning this as a boon to the neighborhood, that could “attract out-of-town users who may need short term meeting or office space, therefore positively affecting the interest and patronage of surrounding hotels, retailers, and restaurants” (per a press release). We’ll see about that.

 That office space will join the incoming 12-story, 116-unit apartment building that’s also part of the Lighthouse Point development. When the whole thing is done, it’ll be one of several mini-megaprojects that developers are hoping will transform Staten Island’s North Shore, including the New York Wheel and Empire Stores.
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