It has officially been announced that everyone’s favorite NYC park will expand further, as the city has just acquired the High Line’s final section from CSX Transportation, Inc. Mayor Bloomberg was on hand Tuesday to make the announcement.

The High Line Blog posted the news and announced that the transfer now allows for the third and final stretch of the elevated park to be completed and thus open to the public. The third piece is the section above that active rail yards north of 30th street.

This elevated railway viaduct, originally built in 1934 to carry freight trains, is now entirely owned by the City of New York and poised to be fully transformed into a one-of-a-kind public space.

The High Line’s final stretch wraps around the West Side Rail Yards, an active site used by the Long Island Rail Road, bounded by West 30th and West 34th Streets to the south and north, and 10th and 12th Avenues to the east and west. CSX has donated this section to the City of New York, just as it did for the elevated rail structure south of West 30th Street.

Despite this exciting news, don’t expect the third section to be finished anytime soon. There is still a long way to go in the development and construction process.

Our next steps are fundraising to pay for the estimated $90 million cost of constructing the rail yards section of the park, and collaborating with the City of New York and the High Line Design Team of James Corner Field Operations, Diller Scofidio + Renfro, and Piet Oudolf to complete the designs.

The latest design renderings will be shared with the community at a design presentation on Monday, July 30 at 6:30 PM, on the High Line at West 14th Street. This event is free and open to the public.

To read more about the third and final stage in this process visit the High Line Blog here.