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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. 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 |