[81][82], The western portion of the yard is bordered by 30th Street and 33rd Street in the north and south, and Eleventh and Twelfth avenues in the east and west. [77][78] This effort, led by Daniel Doctoroff, was unpopular with the public and politicians. [4][5] The area is the site of a large-scale redevelopment program that is being planned, funded, and constructed under a set of agreements among the State of New York, City of New York, and Metropolitan Transportation Authority (MTA), with the aim of expanding the Midtown Manhattan business district westward to the Hudson River. [93][94], In early 2014, real estate firm Massey Knakal announced a conceptual supertall with a 1,220,000-square-foot (113,000 m2) capacity and 108 stories that would soar over 1,800 feet on the north side of 34th Street between Hudson Boulevard and Tenth Avenue in order to show the potential of a site that it intended to sell. [2] Along with 55 Hudson Yards, it is one of two structures in the first phase not located above the rail yard. [108] Investment bank Morgan Stanley would have occupied all 3 million square feet (280,000 m2) of office space in both the taller office towers as the company's headquarters and also would have provided equity and debt financing for the project. Hudson Yards images are artists’ renderings. The design of Fifteen Hudson Yards’ 88-story tower is distinctive from the ground up. [186] The city has enticed large tenants to Hudson Yards by making them eligible for discretionary tax credits once they add a certain number of jobs there. [198] In his 2017 novel New York 2140, author Kim Stanley Robinson mentions the inundation of the neighborhood by rising waters.[199]. The financing deal was unique in several aspects, including the fact that it included a construction mezzanine loan, that Coach was a lender on both the debt and equity sides,[45] and that the MTA reused a "severable lease" structure (previously used by Battery Park City) that allowed for the loans. [68], The Hudson Yards development is being built by Related Companies on top of a large platform bordered by 10th and 12th Avenues and by 30th and 33rd Streets. [23][27], In September 2014, Neiman Marcus signed to become the anchor tenant of the Hudson Yards Retail Space. 15 Hudson Yards, the more southerly of the two towers, is connected to a semi-permanent structure, a performance and arts space known as The Shed. [69][70] Construction on the platform began in 2014. [107], For census purposes, the New York City government classifies Hudson Yards as part of a larger neighborhood tabulation area called Hudson Yards-Chelsea-Flat Iron-Union Square. [103] Extell's proposal was fundamentally different than the others as they proposed constructing a suspension deck over the rail yards similar to a suspension bridge rather than the truss structure every other developer proposed. [187] This move westward follows a trend from earlier in the 21st century, when firms began moving from parts of Midtown such as the Plaza District to Times Square and other areas with new office towers. [39] Mitsui Fudosan owns a 92.09 percent stake in the building. [20], The 103-story, 1,268-foot (386 m) 30 Hudson Yards is located at Tenth Avenue and 33rd Street. [6], Groundbreaking occurred for 15 Hudson Yards in December 2014,[12] and work on 35 Hudson Yards and 55 Hudson Yards both started the following month. [48] The mall opened on March 15, 2019. The site was later purchased by Tishman Speyer on April 30, 2014, along with two adjacent properties for a total space of 2,850,000 square feet (265,000 m2). [172] $600 million of the project's financing has come from EB-5, making it the project to receive the most funding from the program. ", "Horror on the Hudson: New York's $25bn architectural fiasco", "Still Building at the Edges of the City, Even as Tides Rise", "This is New York in the not-so-distant future", "Kim Stanley Robinson's Latest Novel Imagines Life in an Underwater New York", "Hudson Yards: A connected neighborhood grows in Manhattan", "Too Rich for Trash: Hudson Yards waste will exit by pneumatic tube", "Hudson Yards Is Manhattan's Biggest, Newest, Slickest Gated Community. Other unique aspects included a central reservoir to collect stormwater, a geothermal cooling system, and cogeneration which together would reduce energy use by almost 50%. [190][191] BlackRock, another major financial company, signed on as an anchor tenant at 50 Hudson Yards, where it is to occupy 850,000 square feet (79,000 m2). Funds for infrastructure projects that will serve the new development, including: $2.4 billion spent on the 7 Subway Extension project. [160] The eastern platform, supporting the towers, comprises 16 bridges. Over Railyards", "Olympic Bid Hurt as New York Fails in West Side Stadium Quest", "From Ashes of Olympic Bid, a Future Rises for the Far West Side", "Hudson Yards Infrastructure Corporation", "Mayor Bloomberg and Governor Spitzer Announce Start of Construction on #7 Subway Extension", "Subway Station for 7 Line Opens on Far West Side", "New Subway Station Opens on NYC's Far West Side", "Pact Reached to Redevelop Far West Side", "Biggest Real Estate Projects NYC | 66 Hudson Boulevard", "Program Summary Development Proposals West Side Rail Yards", "Yardsmania #1: Brookfield Properties Goes Splittsville", "In Plans for Railyards, a Mix of Towers and Parks", "Public Forum- West Side Rail Yards Proposals", "Hudson Yards Presentations Offer Plenty of Glitz, Plenty of Questions", "The Hudson Yards Proposals: Plenty of Glitz, Little Vision", "1999 Redux: Durst Wants to Spread Conde Nast Magic to Unlikely Spot Again", "Related, Goldman Agree to Develop New York Rail Yards", "Mayor Bloomberg, Governor Paterson, Mta Announce Selection Of Tishman Speyer To Develop West Side Rail Yards", "In Railyards, Seeing a Blank Canvas on the Hudson", "M.T.A. [4], In 2013, Amtrak announced it would build a "tunnel box" through the project areas to reserve the space for a future rail right-of-way such as the proposed Gateway Project. A complex is a group of buildings which are designed and built as pieces of a greater development. News about projects for New York's vast Hudson Yards development, including KPF's 10 Hudson Yards skyscraper and a glass office tower by Foster + Partners. But what has arrived? [11], Work on the platform to cover the second half of the tracks was originally scheduled to begin in 2018,[142] and Phase 2 was to have been completed by 2024. New York City bid for the 2012 Summer Olympics, The Children's Investment Fund Foundation, "New York City officials, developers to break ground on $15 billion mini-city Hudson Yards", "Foster + Partners' Plans for 50 Hudson Yards in New York Unveiled", "55 Hudson Yards completes construction in Manhattan", "Related's Hudson Yards Has No Completion Date for Phase 2", "Take a Peek Into 10 Hudson Yards, the New Neighborhood's First Shiny Skyscraper to Open for Business", "Hudson Yards's First Building, a Decade In the Making, Welcomes Tenants", "Coach Is Selling a Major Stake In 10 Hudson Yards", "Contested Hudson Yards Tower Gets Another New Look", "The Master Plan – 17 Million Square Foot Mixed Use Development | Hudson Yards", "Real estate giant the Related Companies breaks ground on first residential tower at Hudson Yards", "15 Hudson Yards tops out as megaproject preps for spring 2019 debut", "Hudson Yards Tower Saved from Having an Interesting Shape", "Curvaceous 'Morph Tower' Begins Its Rise at 15 Hudson Yards, Abutting the Culture Shed", "Hudson Yards arts center to be named the Bloomberg Building", "Diller Scofidio + Renfro Designs Telescopic 'Culture Shed' for New York", "30 Hudson Yards' Observation Deck And Parapet Nearly Complete", "Hudson Yards Set to Alter Skyline, Transform Neighborhood", "Hudson Yards developers give update on project", "Tracking the biggest buildings taking shape at Hudson Yards", "6 crucial ways New York City's landscape will change in 2019", "Hudson Yards is the biggest New York development since Rockefeller Center. 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