Essex Crossing is an under-construction mixed-use development in New York City's Lower East Side, at the intersection of Delancey Street and Essex Street just north of Seward Park. Essex Crossing will comprise nearly 2,000,000 square feet (200,000 m2) of space on 6 acres (2+1⁄2 ha) and will cost an estimated US$1.1 billion. Part of the existing Seward Park Urban Renewal Area (SPURA), the development will sit on a total of nine city blocks, most of them occupied by parking lots that replaced tenements razed in 1967.