The Hudson River in New York City will be home to a new ambitious project, a floating and performance space on a pier, which will be named Pier 55.
This project will be funded by entertainment mogul Barry Diller, of InterActiveCorp and his wife, fashion designer Diane von Furstenberg. The pledge they have committed to for this project is over $113 million, making it the largest private donation towards a NYC public park in history.
The park will be 2.7-acres on 300 mushroom-shaped columns above the water in the Hudson River, 186 feet off the Hudson River shoreline. It will have various paths through vast green space, where people can go on strolls or have lunch. The park will also have an amphitheatre so that visitors can enjoy concerts and performances.
The performing center will be overseen by the non-profit group, P55, which will also be supported by the family, which includes activities and programming. The hope for this project is to bring more energy, green space and visitors to the Manhattan waterfront. The park’s construction will begin in 2016, and the expected finish date is late 2019.