-The development of state-of-the-art entertainment and cultural venues
-The construction of a new media-oriented office center and attendant hotel
-The creation of approximately 800 housing units
-The incorporation of a mix of new local and national retailers
-The building of new public open space, which will be programmed for community uses
-The generation of approximately 2,500 full-time jobs, with plans to fill many of these positions from within the community

MAYOR BLOOMBERG AND COUNCIL MEMBER MARK-VIVERITO ANNOUNCE PLANS FOR EAST HARLEM MEDIA, ENTERTAINMENT AND CULTURAL CENTER
October 7, 2008
City Selection of Developer and Council Vote Finalizes Plans for $700 Million Development That Will Create Thousands of Jobs and Provide Dedicated Community Space, More Than 600 Affordable Housing Units, a Public Plaza, New Retail and Office Space, and a Hotel
(Read the entire press release here)

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