New York City has given the green light on plans to build the world’s largest ferris wheel on Staten Island. At 625-feet, the wheel will displace The Singapore Flyer which - at 541 feet - is the current record holder. 

Since the success of the London Eye, cities across the globe have been taking their own crack at carny success. While some have fared well the list of failures give pause. Dubai, Berlin, Orlando, and Jeddah in Saudi Arabia have all seen ferris wheel projects put on hold or canceled.

The ferris wheel is part of a three-pronged project that includes a hotel and shopping center. Rumors swirl the development is an attempt to promote New York’s least inhabited and often most overlooked burrow. The ferris wheel is scheduled to open in 2015.