Miraculous Island

Pier55, Inc./Heatherwick Studio

A Barry Diller–backed plan for an amphitheater-cum-park that will levitate off of Manhattan’s West Side is the latest in New York construction news.

British architect Thomas Heatherwick (known for the Olympic cauldron at the 2012 London Games) has an ambitious plan for New York’s Pier 55, and Barry Diller and Diane von Furstenberg are making it happen. The $170 million project, which will appear to float in the Hudson River, is like a water-bound answer to the nearby High Line: a hilly park of almost three acres with trees, lawns, hidden paths, and an amphitheater, all accessible via two walkways. Construction on Pier 55 is to start as early as next year, with Diller and von Furstenberg having pledged $130 million of the cost via their family foundation.