Lower Manhattan is about to up the artistic ante and prettify with parks and pedestrian amenities now that The Lower Manhattan Development Corporation has approved $137 million in grants for the region, according toÂ DNA Info. A performing arts center, a pedestrian bridge and an East River park are all being constructed as a result of the funding. The federal money, which is part of the 9/11 recovery effort, was originally set aside for utility companies like Con Edison, but the LMDC are spreading the wealth to other downtown interests.
$100 million has been set aside for the performing arts center, which has been languishing in development for a whileÂ Â and will be erected at the World Trade Center site. $20 million has been allocated for the foot bridge, which rises over West Street and West Thames Street. $17 million will be used to finish pieces of the East River Waterfront, which includes a path in front of the Battery Maritime Building.Â Â The allocations won’t be enough to finish any of the jobs, but the approvals might convince other sources to contribute so the projects can be completed.
The LMDC also created a $4 million program to encourage business to start-up downtown.
Are you excited about these planned improvements downtown?