Hudson Yards Redevelopment Project

The Hudson Yards Redevelopment Project is a New York City Department of City Planning and Metropolitan Transportation Authority proposal to encourage business development on Manhattan's far West Side along the Hudson River. The project initially included a rezoning of the Far West Side of Manhattan, an extension of the No. 7 subway train to 11th Avenue and 34th Street, an expansion of the Javits Center, and a stadium for the New York Jets over the MTA's West Side Yard. The stadium would have also been used for the 2012 Summer Olympics, had New York been selected to host, although the stadium project failed to receive state approval.

The rezoning action, comprising approximately 60 blocks from 28th to 43rd Streets, was adopted by the New York City Council in January 2005 and, after the failure of the stadium project, the Western Rail Yard was similarly rezoned in 2009. 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 announced it had signed a contract with a joint venture of Related Companies and Oxford Properties Group. The MTA will lease the air rights over the railyard for 99 years to the joint venture, which will then build a platform over the rail yard on which it will construct the buildings. Hudson Yards officially broke ground on December 4, 2012 and the first tower, anchored by Coach Inc., is expected to be complete in 2015.

Read more about Hudson Yards Redevelopment Project:  Related Companies Project

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