City Capital Commitment Plan line ED-0384 — Neighborhood Redevelopment, Citywide.
Budget
$790M
Spent to date
$300M
Remaining
$490M
Budget used
38%
4 phases
| # | Phase | Timeline | Status |
|---|
| Budget / spent |
|---|
| 1 | Design | Jan 1, 2023 – Jun 30, 2024 | Complete | $119M / $119M100% |
| 2 | Procurement | Jan 1, 2024 – Jun 30, 2025 | Complete | $79.0M / $79.0M100% |
| 3 | Construction | Jan 1, 2025 – Jun 30, 2026 | In progress | $103M / $514M20% |
| 4 | Closeout | Jan 1, 2026 – Jun 30, 2027 | Pending | $0 / $79.0M0% |
2 inspection deficiencies bundled · $4.1M backlog
| Severity | Deficiency | System | Status | Est. cost |
|---|---|---|---|---|
| Critical | Interiors repair required — building inspection Teleport Office Campus | Interiors | In Capital Project | $2,499,512 |
| High | Elevators repair required — building inspection Hunts Point Cooperative Meat Market | Services | In Capital Project | $1,629,162 |
How the project's programmed budget is distributed across phases.
The primary asset plus every asset carrying a bundled deficiency.