Hudson Yards is a real estate development project currently under construction. It is being built over the West Side Yard in two phases. The first phase will comprise nine structures, and will include residences, a hotel, office space, a mall, and a cultural facility; all but two will be built on a platform above the West Side Yard. The second phase will be focused on providing residential space, but will also include an office building and a school.
Related Companies and Oxford Properties are the primary developers, and Mitsui Fudosan owns a 92.09 percent stake in 55 Hudson Yards. The architectural firm Kohn Pederson Fox designed the master plan for the site, and architects including Skidmore, Owings, and Merrill, Thomas Heatherwick, Roche-Dinkeloo, and Diller Scofidio + Renfro contributed designs for individual structures. Major office tenants include or will include fashion company Coach, consulting firm BCG, and Alphabet subsidiary Sidewalk Labs.
The development was made possible through a series of deals involving the local government, the MTA, and the state of New York. Special zoning for Hudson Yards (an area roughly bound by 30th Street in the south, 41st Street in the north, 11th avenue in the west, and Eight Avenue in the east) further incentivized the building of large-scale projects. Hudson Yards is adjacent but unrelated to Manhattan West, 3 Hudson Boulevard, and The Spiral.
In 2008, Tishman Speyer, another real estate conglomerate based in New York, won a $1 billion bid to purchase a 99-year lease from the MTA to lease and cap the West Side Yard. Prior to the request for proposals issued by the MTA, other suggestions for the site had included a stadium. The Tishman proposal was criticized for incorporating only ten percent affordable housing, and was ultimately dissolved due to the Great Recession.
1. history should have info about general dev efforts of far west side