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Arcadis Selected by New York City Economic Development Corporation as Lead Consultant on "Future of Fifth"

To realize this vision, New York City Mayor Eric Adams established the "Future of Fifth" – a public-private partnership between New York City and four key business improvement districts and civic organizations: Fifth Avenue Association, Grand Central Partnership, Bryant Park Corporation and Central Park Conservancy. The City's decision to advance the "Future of Fifth" project follows a comprehensive study conducted by Mastercard that found a $3 million increase in spending when the city transformed 11 city blocks into pedestrian-friendly public spaces on Fifth Avenue for three weeks in winter 2022.
New York City's, (informazione.news - comunicati stampa - industria)

To realize this vision, New York City Mayor Eric Adams established the "Future of Fifth" – a public-private partnership between New York City and four key business improvement districts and civic organizations: Fifth Avenue Association, Grand Central Partnership, Bryant Park Corporation and Central Park Conservancy. The City's decision to advance the "Future of Fifth" project follows a comprehensive study conducted by Mastercard that found a $3 million increase in spending when the city transformed 11 city blocks into pedestrian-friendly public spaces on Fifth Avenue for three weeks in winter 2022.

Schwartz Arcadis is also the Architect of Record for more than 20 of the stores on the famed boulevard.

"Fifth Avenue is arguably one of the most recognizable stretches of real estate in the world. We feel incredibly privileged and proud to bring our global experience in creating world class streetscapes to transform Fifth Avenue into a pedestrian-friendly, dynamic retail corridor that supports the ongoing revitalization of New York City's central business district."

"The reimagining of Fifth Avenue as an even grander corridor is as much an economic story as it is a sustainability story. The strength of Arcadis is our ability to work alongside global clients like New York City and their various stakeholders to deliver public spaces that are both economic catalysts for surrounding communities and deliver sustainable urban outcomes."

The Fifth Avenue vision and redesign plan is scheduled to be delivered by mid-2024. The schematic design is scheduled to be completed by early 2025.

Arcadis is the leading global design & consultancy organization for natural and built assets. We maximize impact for our clients and the communities they serve by providing effective solutions through sustainable outcomes, focus and scale, and digitalization. We are 36,000 people, active in more than 70 countries that generate €4.0 billion in gross revenues. We support UN-Habitat with knowledge and expertise to improve the quality of life in rapidly growing cities around the world. www.arcadis.com

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