Lower Manhattan as we know it could see some pretty significant changes in the near future. Okay, so that's a pretty broad-sweeping statement. 

As of last spring, the Lower Manhattan Development Corporation reached a legal settlement with the Lend Lease Construction LMB Inc., in order to fund $50 million for 14 projects in the area. 

Last week, Governor Cuomo announced which projects will see additional funding in a statement that 'this action will help strengthen these neighborhoods in Lower Manhattan and create a better environment to live and visit.'"

According to NewYork.com, the Hudson River Park has been allotted $10 million to complete it's third phase of construction on two recreation piers, an ecological pier, and an upland park space. 

Additionally, the East River Waterfront will receive $10 million in order to revamp two miles of the waterfront from the southern tip of Manhattan to the East River Park. 

Pier 42 will receive $7 million to provide for new landscaping, new lighting, and a playground. Battery Park will get $6 million for a new, 60,000 square-foot playground. 

The Downtown Boathouse will receive $15,000 for 25 new kayaks, to beef up their free kayaking classes from Pier 26.

[anad]

Additionally, the Tribute in Light installation, which has run as a memorial for the 9/11 attacks, sending a skylight into the air at the location of the Twin Towers will run every year with an additional $700,000 funding for the next two years. 

The South Street Seaport Museum will receive $4.8 million for a new community space and a new educational space. 

The off-Broadway theater, the Flea Theater, will be able to expand their theater space with $2.5 million. 

The Jackie Robinson Foundation received $1 million in order to help with the Jackie Robinson Museum, which is slated to open in 2017. 

Check out NYC's Population Has Officially Surpassed 8.5 Million for the First Time Ever. 

[via NewYork.com] [Feature Image Courtesy GothamGazette]