Gansevoort Square Set for Major Transformation with Housing and Cultural Hub

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Gansevoort Square, in Manhattan’s Meatpacking District, could be New York City’s next big transformation project-from mixed-income housing into the newest cultural hotbed. In a plan unveiled Wednesday by Mayor Eric Adams and the city’s Economic Development Corporation, this neighborhood is bracing for change while continuing to utilize its public spaces and strengthening its institutions.

The plans include the development of 600 new apartments, half of which would be permanently affordable, aligning with Mayor Adams’ broader “Manhattan Plan,” a goal of developing 100,000 new housing units throughout the borough in the next ten years.

In addition to housing, the plan proposes a vibrant cultural destination at Gansevoort Square, featuring an expanded Whitney Museum of American Art and High Line Park, thereby reinforcing this district as the arts center globally.

Our administration is committed to tackling transformative projects in every borough,” said Mayor Adams. “We see these as opportunities to make New York City more affordable and an even better place to live and raise a family.

Public space improvements at core

Redevelopment also puts emphasis on public space improvements to make urban areas friendlier and more accessible. In this development project, it is mentioned that there will be about 2,600 construction jobs created, over 160 permanent jobs, and roughly a $940 million contribution to the economy.

The rebirth of Gansevoort Square represents a major milestone for our city, bringing much-needed mixed-income housing, more open space, and continued to solidify New York City’s cultural bookends: the High Line and the Whitney Museum,” said NYCEDC President and CEO Andrew Kimball.

The outlines of that transformation began to take shape last October when Gansevoort Market, the area’s last remaining meatpacking facility, said it would be relocating. The Meatpacking District has gone from being a center of the city’s butchery industry to a hotbed of culture and residences thanks in large part to the success of the High Line, a former freight rail line that was transformed into a world-renowned urban park.

With the new development, Gansevoort Square is about to become an even more vibrant destination, mixing historic charm with modern urban innovation.

Read also: Walter Rand Transportation Center Redevelopment; Beacon Building

The plans include the development of 600 new apartments, half of which would be permanently affordable
The plans include the development of 600 new apartments, half of which would be permanently affordable

Gansevoort Square Transformation Project Factsheet

Location: Little West 12th Street between Washington Street and 10th Avenue, Manhattan

Site size: approximately 66,000 square feet

Gansevoort Square Redevelopment Key Components

Up to 600 mixed-income housing units

Goal: 50% permanently affordable units

No public subsidy required

Ground-floor retail space

New open public space

Whitney Museum of American Art expansion

High Line operations facility expansion

Economic Impact:

2,600 construction jobs

160+ permanent jobs

$940 million projected economic impact

Gansevoort Square Transformation Project Timeline

RFP Deadline: April 30, 2025

Developer Selection: End of 2025

Land Use Review: End of 2026

Expected Completion: Mid-to-late 2027

Project Goals:

Create affordable housing without public subsidy

Enhance street life and city skyline

Promote sustainability and carbon neutrality

Create quality construction and building service jobs

Transform former Gansevoort Meat Market site

Strengthen Meatpacking District as cultural hub

Read also: $700 Million Old Indian Springs Mall Redevelopment

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