Plans are underway for a billion dollar Hudson River Park Project. Part of this park is the Gansevoort Peninsula which will be transformed into a 5.5 &ndash acres public Park with a resilient beach front. This recent announcement by the Hudson River Park Trust has left a lot of people excited. The new beach will be situated at the western end of Little West 12th Street. Though, not ideal for swimming this park will be the largest green space within the four mile Hudson River Park. The whole project is expected to cost $60 million.