$500M Ferris wheel on Staten Island

NEW YORK (AP) — Construction is underway at the site of a $500 million Ferris wheel project along the Staten Island waterfront.

The Staten Island Advance reports that the 630-foot-tall observation wheel is scheduled to open for business in 2017.

Up to 1,400 passengers at a time will view the scenery of New York City, New Jersey and beyond during a slow-moving, 38-minute ride.

The New York Wheel project was approved by the city in 2013.

It's now back in the public-review process because the developer has proposed changes, including the parking garage, power system and terminal.

The city's Planning Commission will hold a public hearing on Sept. 9.