Hudson Yards is a large-scale redevelopment project that is jointly planned, funded and constructed by the City of New York, the State of New York, and the Metropolitan Transportation Authority to encourage development along the Hudson River in Manhattan, New York City. The project includes a rezoning of the Far West Side, an extension of the New York City Subway’s trains to the area’s eponymous subway station at 11th Avenue, and a renovation of the Jacob K. Javits Convention Center.
The centerpiece of Hudson Yards is a 28-acre (11 ha) mixed-use real estate development of the same name by Related Companies and Oxford Properties, currently being constructed over the West Side Rail Yard. This new construction project is the largest of its kind. According to its master plan, created by Kohn Pedersen Fox Associates, Hudson Yards is expected to consist of 16 skyscrapers containing more than 12,700,000 square feet (1,180,000 m2) of new office, residential, and retail space.
Among its components will be six million square feet (560,000 m2) of commercial office space, a 750,000-square-foot (70,000 m2) retail center with two levels of restaurants, cafes, markets and bars, a hotel, a cultural space, about 5,000 residences, a 750-seat school, and 14 acres (5.7 ha) of public open space.
The rail yard development was planned after the city lost its bid for the 2012 Summer Olympics following the state’s refusal to approve the proposed West Side Stadium for the New York Jets over the MTA’s West Side Yard. Hudson Yards broke ground on December 4, 2012; the first tower, an 895-foot (273 m) office building in the southeast corner of the site, opened on May 31, 2016. The over-US$20 billion development will accommodate a projected 65,000 daily visitors when completed.