A few weeks ago IAC chairman and billionaire Barry Diller announced a plan to build a 2.4 acre island in the Hudson River at a cost of $170 million ($130 million of which will come from him and his wife). Well, now we have some more renders of the project, which shows the park will have beautiful gardens, winding walkways, and a 700-seat amphitheatre.

Speaking about the island, named Pier 55, Diller said he felt very lucky to be part of such an exciting project. “We’ve been plotting this for almost two years,” he said. “It will take us another four years to actually build it […] It will be a performance place for every kind of discipline of music, spoken theater, ballet, orchestra.”

The park will be built 186 feet from the Hudson River shoreline near 14th Street in New York City and will be supported by 300 mushroom-shaped concrete columns.