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NEWS
Technical complications delay US$580m New York Wheel
POSTED 16 Aug 2016 . BY Tom Anstey
The New York Wheel is being developed by engineering firm Starneth
Plans to open New York’s largest Ferris wheel have been delayed, with project leader and CEO Rich Marin, saying the 630ft (192m) high attraction will now open in April 2018.

Originally scheduled for early next year before being pushed back to mid- and then late 2017, the US$580m (€514.8m, £447.1m) wheel has been delayed thanks to a “complicated engineering process”.

"If someone says, 'You're a year behind,' It's hard for me to not shrug and say, 'I suppose we are a year behind’,” said Marin, speaking to SILive.com. “But we now agree with a full degree of confidence that it's going to be open for the full extent of the 2018 season.”

The project has been hit by a number of problems, including delays in construction of a parking garage and funding disputes, with some investors claiming the project was being mishandled.

The wheel will be the second-largest in the world assuming the upcoming Ain Dubai wheel (formerly the Dubai Eye) opens on schedule next year.

The New York Wheel is being developed by engineering firm Starneth. Featuring 36 capsules able to accommodate 30,000 visitors a day, the climate-controlled cabins will include permanent bar cars and a 20-seat dining car. Perkins Eastman/EEK Architects are operating as designers for the entire development.

Construction on the wheel started in May 2015 with the main three buildings now complete. Phase two of construction includes the development of the wheel itself, which sits at the heart of a US$790m (€701m, £609m) regeneration of Staten Island.

The transformation of the island, which briefly welcomes millions of tourists en-route to other locations using a free ferry service, will also incorporate Empire Outlets – New York’s first ever retail outlet complex. Built by BFC Partners, that development will include restaurants and a 200-bedroom hotel.

The wider complex will also offer a 4D ride, beer garden and amphitheatre. A nightly harbour light show will be an additional attraction, featuring US$7m (€6.5m, £4.6m) worth of LEDs.
RELATED STORIES
  New York Wheel project sets annual target of six million visitors


The world’s tallest observation wheel will be at the heart of a US$790m (€571m, £471m) transformation of Staten Island in New York City that aims to attract six million visitors annually. Construction on the New York Wheel will begin later this year.
MORE NEWS
San Antonio Zoo reports $283 million economic impact as expansion plans progress
San Antonio Zoo has reported a US$283 million economic impact for 2025, following a decade- long transformation programme that has seen almost US$200 million invested into the Texas attraction.
Great Barrier Reef attraction set for AU$180 million reinvention
Plans for the AU$180 million redevelopment of Reef HQ Aquarium in Townsville, Australia, are progressing, with the project set to transform the attraction into a global centre for reef education and conservation.
Mubadala makes €1 billion bid for Pierre and Vacances
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed €1 billion offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the continental European Center Parcs business.
Disney confirms US$30 billion investment programme as it highlights its economic impact
Disney has reaffirmed its commitment to investing US$30 billion in its US parks and cruise business by 2033, using new America250 celebrations to underline the role its attractions play in supporting jobs, tourism and economic growth.
+ More news   
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General Manager, The Needles
Heritage Great Britain
Salary: c£70,000pa + benefits + relocation support
Job location: Isle of Wight , United Kingdom
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23-26 Aug 2026

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Jobs    News   Products   Magazine   Subscribe
NEWS
Technical complications delay US$580m New York Wheel
POSTED 16 Aug 2016 . BY Tom Anstey
The New York Wheel is being developed by engineering firm Starneth
Plans to open New York’s largest Ferris wheel have been delayed, with project leader and CEO Rich Marin, saying the 630ft (192m) high attraction will now open in April 2018.

Originally scheduled for early next year before being pushed back to mid- and then late 2017, the US$580m (€514.8m, £447.1m) wheel has been delayed thanks to a “complicated engineering process”.

"If someone says, 'You're a year behind,' It's hard for me to not shrug and say, 'I suppose we are a year behind’,” said Marin, speaking to SILive.com. “But we now agree with a full degree of confidence that it's going to be open for the full extent of the 2018 season.”

The project has been hit by a number of problems, including delays in construction of a parking garage and funding disputes, with some investors claiming the project was being mishandled.

The wheel will be the second-largest in the world assuming the upcoming Ain Dubai wheel (formerly the Dubai Eye) opens on schedule next year.

The New York Wheel is being developed by engineering firm Starneth. Featuring 36 capsules able to accommodate 30,000 visitors a day, the climate-controlled cabins will include permanent bar cars and a 20-seat dining car. Perkins Eastman/EEK Architects are operating as designers for the entire development.

Construction on the wheel started in May 2015 with the main three buildings now complete. Phase two of construction includes the development of the wheel itself, which sits at the heart of a US$790m (€701m, £609m) regeneration of Staten Island.

The transformation of the island, which briefly welcomes millions of tourists en-route to other locations using a free ferry service, will also incorporate Empire Outlets – New York’s first ever retail outlet complex. Built by BFC Partners, that development will include restaurants and a 200-bedroom hotel.

The wider complex will also offer a 4D ride, beer garden and amphitheatre. A nightly harbour light show will be an additional attraction, featuring US$7m (€6.5m, £4.6m) worth of LEDs.
RELATED STORIES
New York Wheel project sets annual target of six million visitors


The world’s tallest observation wheel will be at the heart of a US$790m (€571m, £471m) transformation of Staten Island in New York City that aims to attract six million visitors annually. Construction on the New York Wheel will begin later this year.
MORE NEWS
San Antonio Zoo reports $283 million economic impact as expansion plans progress
San Antonio Zoo has reported a US$283 million economic impact for 2025, following a decade- long transformation programme that has seen almost US$200 million invested into the Texas attraction.
Great Barrier Reef attraction set for AU$180 million reinvention
Plans for the AU$180 million redevelopment of Reef HQ Aquarium in Townsville, Australia, are progressing, with the project set to transform the attraction into a global centre for reef education and conservation.
Mubadala makes €1 billion bid for Pierre and Vacances
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed €1 billion offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the continental European Center Parcs business.
Disney confirms US$30 billion investment programme as it highlights its economic impact
Disney has reaffirmed its commitment to investing US$30 billion in its US parks and cruise business by 2033, using new America250 celebrations to underline the role its attractions play in supporting jobs, tourism and economic growth.
Expo 2030 Riyadh will create a permanent global destination
Expo 2030 Riyadh is being planned as a permanent visitor destination, with organisers confirming the six-million-square-metre site will become a Global Village after the event closes.
Australian waterpark acquisition creates new leisure attractions group
The owner of one of Australia's best-known waterparks has acquired a major competitor, creating a new attractions business spanning two of the country's largest visitor destinations.
+ More news   
 
COMPANY PROFILES
Clip 'n Climb

Clip ‘n Climb currently offers facility owners and investors more than 40 colourful and unique Cha [more...]
instantprint

We’re a Yorkshire-based online printer, founded in 2009 by Adam Carnell and James Kinsella. [more...]
TechnoAlpin Indoor

TechnoAlpin is the world leader for snowmaking systems. With the Indoor snow division, TechnoAlpin c [more...]
IAAPA EMEA

IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
29 Sep - 02 Oct 2026

Synergy - The Retreat Show

Pical Resort, Valamar Collection, Porec, Croatia
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026

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