Hudson Yards Redevelopment Project
Developer's conception of Hudson Yard's Phase One
|Location||33rd Street & Eleventh Avenue
Manhattan, New York City
|Management||The Related Companies L.P.
Oxford Properties Group Inc.
|Design and construction|
|Architect||Kohn Pederson Fox (master planner)
Skidmore, Owings & Merrill
|Main contractor||Tutor Perini Building Corp.|
The Hudson Yards Redevelopment Project is a New York City Department of City Planning/Metropolitan Transportation Authority joint venture to encourage business development on Manhattan's far West Side along the Hudson River in New York City.
The project initially included a rezoning of the Far West Side, an extension of the 7 <7> trains to 11th Avenue and 34th Street, an expansion of the Javits Center, and a stadium for the New York Jets (and the city's bid for the 2012 Summer Olympics) over the MTA's John D. Caemmerer West Side Yard.
The centerpiece of the Hudson Yards Redevelopment Project is Hudson Yards, a mixed-use real estate development by Related Companies. According to its master plan, created by master planner Kohn Pedersen Fox Associates, Hudson Yards is expected to consist of 16 skyscrapers containing more than 12,700,000 square feet (1,180,000 m2) of new office, residential, and retail space. Among its components will be six million square feet of commercial office space, a 750,000-square-foot retail center with two levels of restaurants, cafes, markets and bars, a hotel, a cultural space, about 5,000 residences, a 750-seat school, and 14 acres of public open space. Hudson Yards officially broke ground on December 4, 2012 with the first tower, an 895-foot-tall office building in the southeast corner of the site, expected to be complete in 2015.
In January 2005, the New York City Council approved the rezoning of about 60 blocks from 28th to 43rd Streets; in 2009, after the stadium failed to win state approval, the West Side Yard was similarly rezoned. As rezoned, the Hudson Yards area will have 25,800,000 square feet (2,400,000 m2) of Class A office space, 20,000 housing units, two million square feet of hotel space, 750-seat public school, one million square feet of retail and more than 20 acres of public open space.
In May 2010, the MTA leased the air rights over the railyard for 99 years to a joint venture of Related Companies and Oxford Properties Group, which will build a platform above both the eastern and western portions of the yard on which to construct the buildings.
In April 2013, the Related/Oxford joint venture obtained a $475 million construction loan from parties including Barry Sternlicht's Starwood Property Group and luxury retailer Coach. 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, and that the MTA helped create the "severable lease" structure that allowed for the loans.
The Hudson Yards project is expected to develop over the existing below-grade West Side Yards, allowing LIRR trains to continued to be stored during midday hours. The 26.17-acre land parcel is bordered by 30th Street on the south, Twelfth Avenue on the west, 33rd Street on the north and Tenth Avenue on the east. Eleventh Avenue runs through the site, and will split the redevelopment project into two phases. To minimize construction impact on the LIRR's ability to store trains during midday hours, caissons will be drilled into bedrock throughout much of the site, over which a platform will be built.
Phase 1, the eastern phase, is to contain two office towers bordering Tenth Avenue. The southernmost of these, 10 Hudson Yards, is a 895 foot tall office building that contains 52 stories. Anchored by Coach Inc., it broke ground on December 4, 2012 and is expected to open in 2015. As the footprint of the tower has no existing yard trackage, it is the first building of the complex to start construction. A notable aspect of 10 Hudson Yards is that it cantilevers over the final phase of the High Line, including its spur to Tenth Avenue. It is expected that the tower will receive LEED certification. The other tower, 30 Hudson Yards, is a 1337 foot tall office building designed by Kohn Pederson Fox with 80 stories and an observation deck. However, due to the location of rail tracks in the vicinity, caissons supporting a platform over which the tower would be built have to be installed first. Related expects the tower to be occupied in 2018. A retail podium is also expected to be built between the two office buildings.
Bordering on Eleventh Avenue are two mixed-use buildings, 15 Hudson Yards and 35 Hudson Yards, which were previously known as the D and E Towers, respectively. 15 Hudson Yards is to be structurally connected to a semi-permanent structure known as the "Cultural Shed".
The western phase of the project is to contain up to seven residential towers, as well as a school.
Subway extension to 34th Street
Originally part of New York City's bid to host the 2012 Summer Olympics, the New York City government had announced its intent to extend the 7 train to a station at 34th Street and Eleventh Avenue, adjacent to Javits Center to help facilitate development on the air-rights of the West Side Yards. While tracks are extended to 26th Street, only a station is to be built at 34th Street. The extension is expected to be completed in June 2014, and will connect to nearby buildings, including 30 Hudson Yards.
Extension of the High Line
The High Line is an elevated park using the former right-of-way of a freight railroad. Initially opened in 2009 and extended to 30th Street in 2011, the structure enters the Hudson Yards site and forms a curve paralleling 30th Street, Twelve Avenue and 34th Street. An additional spur along 30th Street continues until Tenth Avenue. Related Companies intends to integrate the design of the buildings, most notably with the cantilever design of 10 Hudson Yards. Currently called "High Line at the Rail Yards", the section calls for three phases of construction. The existing right-of-way from 30th Street will be extended into the Hudson Yards site, running parallel to 30th Street to a point past Eleventh Avenue and will be rehabilitated in a manner similar to the opened sections of the park. The extension along 30th Street is known by Friends of the High Line as The Spur, and will feature a bowl-shaped structure above Tenth Avenue that would contain trees and grasses. The structure is described to contain amphitheater seating and restrooms. Finally, the curved section around the western part of Hudson Yards will be built as an "interim walkway", allowing visitors to embrace the flora that has been growing on the bridge. The Friends of the High Line expects further construction at some point along this stretch of the viaduct.
On the east side of Tenth Avenue, Brookfield Properties announced its intent to develop over the trackage that leads to the New York Penn Station. To facilitate construction and to build a public plaza, Brookfield Properties announced that it would use prefabricated parts to build a platform, over which its two office towers would rest upon and over which a public plaza would be built.
Hudson Boulevard and Park
A four acre boulevard and park system is currently under construction north of the Hudson Yards site, extending from 33rd Street to 39th Street, mid-block between Tenth Avenue and Eleventh Avenue. The boulevard is to be split into two, with a Hudson Boulevard East and a Hudson Boulevard West. The park is to serve as a median.
The Hudson Yards redevelopment project further catalyzed plans to build new buildings along the future Hudson Boulevard. Among these are 3 Hudson Boulevard, located on 34th Street and Eleventh Avenue, which was formerly known as The GiraSole. Not originally in its Hudson Yards concept, Related Companies seeks to build two new office buildings north of the site, including on the footprint of the current headquarters of Coach, Inc.. These towers are tentatively known as 1 Hudson Boulevard and 2 Hudson Boulevard.
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. Construction began September 2013 and is expected to take two years. The underground concrete casing is 800 ft (240 m) long, 50 ft (15 m) wide, and approximately 35 ft (11 m) tall.
- Purnick, Joyce (January 2, 2005). "What Rises in the West? Uncertainty". The New York Times. Retrieved 2010-03-06.
- Bagli, Charles V. (December 21, 2009). "Rezoning Will Allow Railyard Project to Advance". The New York Times. Retrieved 2009-12-22.
- "MTA Finalizes Hudson Yards Deal". Metropolitan Transportation Authority. May 26, 2010. Retrieved 2013-10-04.
- Samtani, Hiten. "Anatomy of a deal: Inside Related/Oxford’s unusual financing of Hudson Yards" The Real Deal (Retrieved August 26, 2012)
- Sichert, Bill (March 5, 2013). "Amtrak to construct 'tunnel box' for Hudson River rail project to cross Manhattan development". The Star-Ledger. Retrieved 2013-03-09.
- Samtani, HIten (February 26, 2013). "Related, Amtrak to construct rail tunnel between Manhattan and NJ". The Real Deal. Retrieved 2013-03-09.
- Cuozzo, Steve (February 26, 2013). "Fed money keeps rail tunnel alive". The New York Post. Retrieved 2013-03-09.
- Environmental Assessment for Construction of a Concrete Casing in the Hudson Yards, New York, New York, Federal Railroad Administration, March 2013
- Arak, Joey. "Brookfield Properties Goes Splittsville" on Curbed.com (November 19, 2007)
- Chaban, Matt. "Scaling the Towers of Hudson Yards" in New York Observer (July 12, 2011)
- Davidson, Justin. "From 0 to 12 Million Square Feet" New York (October 7, 2012).
- Samtani, Hiten. "Anatomy of a deal: Inside Related/Oxford’s unusual financing of Hudson Yards" in The Real Deal (August 16, 2013)
- Sheftell, Jason. "New York City officials, developers to break ground on $15 billion mini-city Hudson Yards" New York Daily News (December 4, 2012)
- Hudson Yards
- New York City project website
- Related Companies project website
- Animation: building the platform while trains run through Brookfield properties, via Gothamist.com
- Hudson Yards news and developments