Photo: Visual House
New York City’s skyline is about to be altered once again.City officials and developers will officially break ground today on the Hudson Yards complex on Manhattan’s Far West Side, according to The New York Daily News.
The complex will be comprised of 15 buildings and cost $15 billion to construct.
One of the buildings will be a 75-story mixed-use residential and commercial building. Another will be an office building that is taller than the Empire State Building.
In total, the complex will offer more office space than exists in all of Portland, Ore., according to the Daily News.
Related Companies chairman Stephen Ross told the NY Daily News, “If you look at where all the young people are today, where they want to be, where all the money is going, it’s the West Side of Manhattan. … The yards will be the epicentre of all that.”
The first phase of construction should be completed by 2017.
The Metropolitan Transportation Authority is leasing the land to developers for more than $1 billion for 99 years, according to The New York Daily News.
Coach has already committed to occupying 750,000 of the 1.2 million square feet of the first office tower. The location will be the company's international headquarters.
One of the office buildings will have an observation deck taller than the Empire State Building's. The views will be awesome.
The tallest building in the complex will rise 1,300 feet. The building will still be shorter than the new One World Trade centre and 432 Park Avenue.
Critics were sceptical that the complex would ever break ground. Some still remain doubtful it will ever be completed, according to the New York Daily News.
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