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Hudson Yards set as one of NYC's icons
Source: Agencies |
December 6, 2012, Thursday
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Print Edition
Print Edition
WORK to transform the largest undeveloped property in Manhattan from a railroad storage yard into a sleek new neighborhood of spiky high-rises and graceful parks got a formal start on Tuesday, with developers and officials heralding it as the next big thing in a city known for them.
The US$15 billion project, called Hudson Yards, calls for angular office skyscrapers and curvy apartment towers, a slate of shows and restaurants, an arts building and a public square in a 10.5-hectare stretch of the island's far West Side off Midtown - eventually. Tuesday marked the ceremonial groundbreaking for the first 48-story building set to be finished by 2015.
"It is the future of New York," Mayor Michael Bloomberg declared. He has longed for years to make more of the area, which was a linchpin of his administration's unsuccessful bid for the 2012 Summer Olympics. Developer Stephen M. Ross, chairman of the Related Cos, saw Hudson Yards taking a place among the Empire State Building, Rockefeller Center, Lincoln Center and other structures that are New York icons.
If that happens, it will take some time. Hudson Yards isn't expected to be complete for about a dozen years, and it entails the construction challenge of building an US$800 million platform covering the rail tracks.
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