The Trust for Governors Island is in the final months of the city’s land use approval process to develop 33 acres of the south island. The result would be zoning that would allow 4.5 million square feet of space for a “center for climate solutions” that could rise up to 34 stories — 340 feet. The project would include academic buildings, dormitories, hotels, biotech/research laboratories, office space, cultural, and accessory retail, restaurant and conference center uses.
The success of the rezoning here would also make the island accessible 12 months a year and would create a 24/7 mixed-use district anchored by the educational center. It would also create — in theory — a revenue stream for the public part of the island, and help the island reach financial self-sufficiency.