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And it could be a template in an era when state and federal agencies are retreating from ambitious redevelopment projects.
IN one of the most ambitious redevelopment projects in recent Long Island history, the city of Glen Cove has been striving for years to convert gritty, industrial Glen Cove Creek into a nautical showcase lined with shops, restaurants, promenades, boat slips, a ferry terminal and a hotel and conference center with views of Hempstead Harbor.
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Peter M. Lehrer, a construction executive, is expected to be named chairman of Lincoln Center's ambitious redevelopment project next week.
Such is the $325 million transformation of Lincoln Center's main artery envisioned for the first phase of its ambitious redevelopment project, to be unveiled today to the public.
Lincoln Center's ambitious redevelopment project -- once put at $1.5 billion but estimated at no more than $800 million -- had been stalled in part by uncertainty about Avery Fisher Hall.
PAGE D1 Lincoln Center Rethought The design for the first phase of Lincoln Center's ambitious redevelopment project remodels West 65th Street and opens up areas on either side.
No one was seriously injured in the accident, which took place at the site of what is perhaps the most ambitious redevelopment project so far in Lower Manhattan: the $50 million reconstruction of the Winter Garden at the World Financial Center.
He pulled out of Lincoln Center's ambitious redevelopment project in 2001, announcing that the Met would proceed with renovations on its own, then rejoined the effort two months later after he was given a larger say.
Kevin Rampe, president of the Lower Manhattan Development Corporation, said the ambitious redevelopment project most likely would not be interrupted by the dispute between Deutsche Bank and its insurers because he expected that the building would be torn down.
And it is a big investment: the project is budgeted at $160 million, making it the most ambitious residential redevelopment project downtown since Sept. 11.
I Remember When All This Was Trees This piece is owned by a local non-profit gallery who will reportedly reinvest the money in an ambitious art redevelopment project, so say the Detroit Free Press.
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