New York -- BFC Partners, a New York real estate development company, announced plans to develop a new retail complex and hotel, with the working name of Harbor Commons, on a site adjacent to the Richmond County Bank Ballpark in St. George, Staten Island, N.Y.
Harbor Commons will be an approximately 350,000-sq.-ft. retail complex along with a 120,000-sq.-ft. hotel, totaling 470,000 sq. ft. The retail complex will be comprised of approximately 100 designer outlets along with a variety of restaurants and cafes.
BFC Partners said it will invest approximately $230 million to complete the project, which is slated to start construction in winter 2014 and be completed in 2016.
BFC Partners has retained EWB Development and Casandra Properties to manage the center and provide marketing, management and leasing services at Harbor Commons.