Mega-projects like the New York Wheel and Empire Outlets brought higher rents and new businesses.
The outlet mall held a groundbreaking ceremony at the Richmond County Bank Ballpark.
The outlet mall announced 100,000 square-feet of space was leased ahead of its groundbreaking.
The Sweden-based clothing chain will open a location at Empire Outlets.
The groundbreaking ceremony for the wheel was pushed back to April 16 by the bad weather.
The projects will host a joint groundbreaking ceremony on March 10.
The video shows a 3D rendition of the hotel and outlet mall expected to open in 2016.
The Community Board 1 budget asks for several fixes to the neighborhood.
Community Board 1 is expecting tourists to visit the New York Wheel.
The mall, in the shadow of the New York Wheel, is scheduled to open in 2016.
The commission unanimously approved the 625-foot-tall Ferris wheel, which is set to open in 2016.
Community Board 1's Land Use Committee voted in favor of the wheel and outlet malls' application.
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