Real estate firm advances plan to restore SS United States
Professional Mariner|June/July 2020
Real estate firm advances plan to restore SS United States
In a significant step toward preserving “America’s flagship,” a prominent New York development company has agreed to proceed with renovating the mothballed ocean liner SS United States, converting it into a hotel, museum, and entertainment and cultural center — if a city agrees to provide a permanent berth.
Bill Bleyer

RXR Realty announced its intentions in March in conjunction with the SS United States Conservancy, a nonprofit organization that has owned the ship since 2011. It has been docked and deteriorating in Philadelphia since 1996 after being retired in 1969 because of competition from air travel.

In late 2018, RXR began studying the feasibility of renovating and converting the 990-foot ship, which has 600,000 square feet of developable space, into a floating dockside attraction. The company will now proceed on what it estimates will be a $500 million project, with work done over two years at a shipyard plus six months at the ship’s new homeport. RXR said it is in early talks with several shipyards that it has not identified.

articleRead

You can read up to 3 premium stories before you subscribe to Magzter GOLD

Log in, if you are already a subscriber

GoldLogo

Get unlimited access to thousands of curated premium stories, newspapers and 5,000+ magazines

READ THE ENTIRE ISSUE

June/July 2020