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Half-Billion Dollar NYC Ferris Wheel Project Begins

When construction is completed, the attraction will be the tallest observation wheel in the world.

- Northeast Edition

NEW YORK (AP) - Construction is underway at the site of a $500 million Ferris wheel project along the Staten Island waterfront.

The Staten Island Advance ( http://bit.ly/1Nw1SL4 ) reports that the 630-foot-tall observation wheel is scheduled to open for business in 2017. When construction is completed, the attraction will be the tallest observation wheel in the world.

Up to 1,400 passengers at a time will view the scenery of New York City, New Jersey and beyond during a slow-moving, 38-minute ride.

The New York Wheel project was approved by the city in 2013.

It’s now back in the public-review process because the developer has proposed changes, including the parking garage, power system and terminal.

The city’s Planning Commission will hold a public hearing on Sept. 9.


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