Hudson Yards
Hudson Yards is a mixed-use development in Manhattan’s West Side. The 26-acre site for the project is the single largest piece of undeveloped property in Manhattan. It will include office, retail, multi-family and cultural centers. Related Companies (owner of Equinox Fitness Clubs) is the developer along with Oxford Properties. They will pay the Metropolitan Transportation Authority (MTA) $1 billion for a 99-year lease on the land. Hudson Yards broke ground on December 4, 2012 with construction for the south tower. This tower is expected to deliver by 2015 and will be anchored by Coach Inc.
A portion of the project’s 26 acres is within the 100-year flood plain, according to The New York Times. Superstorm Sandy did not lead to many changes in the project’s design according to Related Companies spokeswoman Joanna Rose (quoted in the NYT article) because most of the construction will take place on a platform 40 feet above sea level and because all of the electrical and support systems are already planned to be above grade. The south tower is just outside the yards and is not located on the platform. The developer made minor changes to the south tower’s plans to address flooding concerns.
The MTA will extend the Number Seven train from Times Square to 34th Street and 11th Avenue so that it can serve the new development. The city will fund the extension.
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Last Updated on December 18, 2012 by Ramin Seddiq