Renewed Effort to Save SS United States

(Marinelink.com - Press Release)
Monday, March 26, 2012
As momentum builds for the effort to save and repurpose the greatest American ocean liner ever built, the SS United States Redevelopment Project (SSUSRP) announced that it has named New Canaan Advisors LLC (NCA) as real estate advisors to a growing team leading this exciting redevelopment program.  New Canaan Advisors will assist the SSUSRP on a number of aspects related to transforming the historic ship into a stationary, multi-purpose waterfront destination. The SS United States, which will celebrate the 60th anniversary of its maiden voyage this year, remains the largest passenger vessel ever constructed in the United States. At nearly 1,000 feet long, she remains the fastest ocean liner to cross the North Atlantic and one of the last surviving of the great 20th Century liners.  “We believe that New Canaan Advisors is the right firm to help us translate our vision for the future of the SS United States into a reality,” said Dan McSweeney, Managing Director of the SS United States Redevelopment Project. “They have the unique experience of handling both high-profile projects and historic properties, making them a great asset for our team.” 
The overall concept is currently to invite a mixed-use commercial and public development with a range of proposed revenue-generating uses including, but not limited to, event space, restaurants, retail, and hotel. 
The SSUSRP is a strategic initiative of the SS United States Conservancy, the national nonprofit organization that purchased the historic vessel last year.  The Conservancy is also advancing plans for public use, including a museum and educational programs aboard the ship, which offers more than 650,000 square feet of usable space.  "We are fully committed to restoring and redeveloping this great symbol of American pride and innovation.  Like the Statue of Liberty, there is only one SS United States, and we are determined to save the ship for future generations," said Susan L Gibbs, the Conservancy's executive director and granddaughter of SS United States designer, William Francis Gibbs.  
“We are excited about this unique opportunity to assure the preservation of America’s flagship, and help her usher in a new era of service to the public while generating revenue to support its ongoing use,” states NCA’s founder and Chief Advisor, Curtis C. Battles.  “The role that NCA will play in the redevelopment of the SS United States is a great example of the way we seek to add value for all our clients.  We are proud to be a part of this significant project.”
Prior to founding NCA, Battles worked on the redevelopment of two of New York City’s most visible commercial real estate icons – Grand Central Terminal and the World Trade Center.
NCA provides public and private organizations with unique resources for transforming underutilized assets and facilities into new opportunities.  The firm specializes in helping public/private partnerships develop properties and assets into vibrant, exciting and financially feasible uses.
The growing SS United States redevelopment team will also include NCA strategic partner Charles Shorter as Senior Advisor.  Shorter brings to the team more than 30 years of real estate experience in creating strategic approaches to large scale mixed-used projects including market and financial feasibility and structuring public/private development partnerships.  Real Estate Solutions Group (RESGroup), LLC Founder Patricia Adell will also assist NCA on the SS United States project. RES Group, provides comprehensive real estate consulting services to all levels of government, universities, school districts, and private developers to structure public/private finance and development solutions to maximize value. 
In July 2010, the SS United States Conservancy received a $5.8 million philanthropic pledge allowing for the ship’s outright purchase and ongoing funding for maintenance at her berth in Philadelphia, PA.  The current concept is for the redeveloped multi-purpose ship to be located in a major East Coast metropolitan location.
 
For more information about the SS United States visit  www.SSUSC.org 
For more information about NCA visit  www.newcanaanadvisors.com 
 
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Cruise Ship Trends

CLIA Names Muskat Trade Relations Committee Chairman

Cruise Lines International Association (CLIA) announced that Ken Muskat, executive vice president of sales, public relations, and guest services for MSC Cruises USA,

Norwegian Dawn Arrives In Boston

The Norwegian Dawn, the cruise liner that ran aground as she left Bermuda this week, has arrived in Boston.   A story in the Boston Herald says, “Passengers

Ostebo Chosen to Head CLIA

Thomas P. Ostebo will join Cruise Lines International Association (CLIA) as the organization’s new president and chief executive officer, effective July 6, 2015.

History

Taiwan Offers South China Sea Peace Plan

Taiwan proposed a peace initiative on Tuesday to resolve territorial disputes in the South China Sea that it says will reduce tensions that have put Beijing at

Dortmund Port's Throughput Up

In 2014, Dortmund’s combined goods throughput on ships and trains amounted to 5.7 million tonnes, compared to 5.3 in the previous year. 2.9 million tonnes (+600,000) of this was ship related.

Baltic Mercur II makes maiden voyage to Antwerp

This week Atlantic Ro-Ro Carriers (ARRC) celebrates the maiden voyage of the Baltic Mercur II via the port of Antwerp as part of their regular transatlantic service to the US Gulf.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Offshore Oil Port Authority Salvage Ship Electronics Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1165 sec (9 req/sec)