- The $US25 billion Hudson Yards megadevelopment had its grand opening on March 15.
- The entire 28-acre project is set to be completed in 2024.
- Business Insider got the rundown of how each building has progressed.
Hudson Yards is a mammoth development in New York City, the likes of which hasn’t been seen since the unveiling of Rockefeller Center in the 1930s.
The $US25 billion complex covers an entire avenue and stretches four city blocks. At the far edge lie the Eastern and Western Railyards, whose train tracks run below a raised platform that supports the new luxury office and residential towers. Each of the buildings revolves around an expansive public square with a lush landscape of trees and woodland plants.
Phase one of the project – 11.9 million square feet along the Eastern Yard – was unveiled to the public at a grand opening on March 15. From there, developers will move on to the second and final phase – 6.2 million square feet along the Western Yard – which is set to be finished by 2024. This second phase of development includes the construction of a public school, along with additional office, residential, and retail space.
The site has come a long way since Busines Insider toured the complex back in September. Here’s the rundown of how each building has progressed.
The Shed is the only structure in Hudson Yards built by New York City itself. As part of its negotiations with the complex’s two developers, Related and Oxford Properties, the city mandated the construction of a nonprofit cultural center.
The Shed was born from this vision, and will serve as a forum for art installations, concerts, conventions, and other cultural events. There’s even talk of having it replace Bryant Park as the site of New York Fashion Week.
The structure, which borders the High Line along the Eastern Yard, features a retractable outer shell that can be rolled back for outdoor events. The shell is held up by six track-bound wheels and controlled by a wireless remote.
The Shed’s doors will open in April.
15 Hudson Yards
To the right of The Shed, at the corner of 30th Street and 11th Avenue, is 15 Hudson Yards, a 900-foot-tall tower with views overlooking the Hudson River. The building spans 960,000 square feet and features nearly 300 residences, including around 100 affordable units. At least 60% of the units have already been sold, with a standard unit starting at around $US3.9 million.
The design is the result of a collaboration between Rockwell Group and Diller Scofidio + Renfro, which contributed to the High Line. Inside, there is a 75-foot swimming pool, screening room, rooftop lounge, and a private coworking space.
The tower opened its affordable housing lottery in October 2018 and will soon begin accepting residents.
35 Hudson Yards
Across the plaza sits 35 Hudson Yards, a 1.1 million-square-foot tower designed by David Childs, the architect behind the Freedom Tower. Though it was intended to be a cylinder, its shape now resembles a rectangular prism.
At 1,000 feet tall, the building is the site’s tallest residential structure. In addition to its 143 condos, the tower will feature the first-ever Equinox hotel with more than 200 rooms. Guests and residents can also enjoy access to a 60,000-square-foot Equinox fitness club and spa.
The tower will begin welcoming residents this year, and the Equinox hotel will open in June.
55 Hudson Yards
Directly to the right is 55 Hudson Yards, a 780-feet-tall office tower that sits at the intersection of the High Line and Hudson Park and Boulevard. The building’s matte black exterior is made of concrete as opposed to steel, allowing developers to cut costs and make last-minute changes to the design.
Construction of 55 Hudson Yards began in 2015, and the building began accepting tenants two years later. Commercial office tenants started moving into the tower in January 2019. The building is now in talks with Apple about leasing 60,000 square feet of either retail or office space.
50 Hudson Yards
50 Hudson Yards is something of an anomaly among the phase one buildings. The site, located at 33rd Street and 10th Avenue, was formerly home to a McDonald’s, which was demolished to make room for new development.
Unlike the other Eastern Yard projects, 50 Hudson Yards won’t be completed until 2022.
Once finished, the building will stand at 985 feet tall and span 2.9 million square feet, making it the city’s fourth largest commercial office tower. Already, the tower is set to host BlackRock, an investment management firm, whose corporate headquarters will occupy 15 floors.
Developers say the building will be able to accommodate more than 500 people per floor.
30 Hudson Yards
At nearly 1,300 feet high, 30 Hudson Yards is the second tallest office building in New York, surpassing the Empire State Building. The building also hosts the highest outdoor observation deck in the western hemisphere, featuring a 10,000-square-foot restaurant and event space with unparalleled views of the Hudson River.
The tower has already secured a number of high-profile tenants, including global investment firm KKR, Wells Fargo securities, and the offices of its two developers, Related and Oxford. It’s also set to host around 5,000 employees from WarnerMedia – which owns HBO, CNN, Turner Broadcasting, and Warner Bros.
The building is nestled to the right of the development’s main retail center. Its observation deck will begin accepting visitors in 2020.
The Shops & Restaurants at Hudson Yards
The Shops & Restaurants at Hudson Yards includes 720,000 leasable square feet for fashion brands like Zara, H&M, Athleta, Banana Republic, Cartier, and Tory Burch; beauty companies like Kiehl’s, The Body Shop, and Sephora; and a 6,000-square-foot Watches of Switzerland showroom.
The center is anchored by a three-floor Neiman Marcus – the first to locate in New York City. It also features upscale dining options such as celebrity chef David Chang’s Momofuku, luxury restaurant chain D&D London, and Mediterranean seafood restaurant Milos. To top it off, there’s a grocery store for residents and a few fast-casual options, including Bouchon Bakery and Shake Shack.
The building is now officially open.
10 Hudson Yards
Tucked behind The Shed to the right of the retail center is 10 Hudson Yards, a 1.8 million-square-foot office building. The structure is a standout in the development for a few reasons: Unlike other office buildings in the area, the tower feeds directly into the High Line. It has also been designated LEED Platinum, the highest certification in green building.
The tower opened in 2016 and is currently home to an array of corporate tenants, including L’Oréal USA, SAP, Footpath Labs, Guardian Life Insurance, and The Boston Consulting Group.
The building’s much-anticipated tenant – a 35,000-square-foot food hall called Mercado Little Spain – opened on March 15. The hall was developed with help from culinary experts José Andrés and Ferran and Albert Adrià.
In the center of the five-acre public square is a $US150 million art installation called Vessel. The design, which many have likened to beehive, is the brainchild of Thomas Heatherwick, the man behind the 2012 Olympics cauldron and the Seed Cathedral in the UK. Its walls are made of a painted steel frame polished with a copper-coloured steel skin.
The base alone stands at 50 feet tall, then widens for a total height that’s equivalent to one mile. Visitors can climb the 2,500 steps to the top, or stop at one of the 80 different landings for an impressive view of the cityscape.
The building is now free to the public every day from 10 a.m. to 9 p.m. Visitors must get a ticket to climb onboard, but the development sets aside same-day tickets that can be picked up on-site. Tickets can also be reserved online up to two weeks in advance. Guests who claim a ticket are given an hour-long window to enter the structure, but their time to mingle and observe is unlimited.