Related Companies/Oxford Properties Group and Wynn Resorts have revealed new project details for the next phase of New York City’s Hudson Yards. The $12-billion total project proposal to build Hudson Yards West on top of the undeveloped western rail yards, is a once-in-a-generation commitment that, if approved by City and State officials, would provide significant quality-of-life improvements for the neighborhood and enormous economic opportunity for the entire city, including:
- Wynn New York City, a resort that creates 5,000 permanent union careers
- 35,000 union construction jobs during development
- A 5.6-acre public park, comparable in size to Bryant Park
- 1,500 new housing units, including 324 affordable apartments
- A new public K-8 school
- A neighborhood-focused traffic, safety and sanitation plan
- Support for local community organizations
The architecture and design of the resort is being led by Wynn Design and Develop, Wynn Resorts’ in-house team of designers, architects and creatives.
The centerpiece of the development is Hudson Green, a 5.6-acre public green park designed by the teams of Hollander Design and Sasaki, as part of a master plan designed by Skidmore, Owings & Merrill (SOM). With views of the Hudson River, the park will feature open lawns, gardens, playscapes and groves that connect the West Side. Hudson Green will feature a dog run, more than 300 trees, 500 shrubs, flower beds and various native plantings throughout the landscape.
“The next phase of Hudson Yards is a $12B total project investment in New York’s future that, if approved by city and state officials, will create tens of thousands of jobs; 1,500 units of housing including hundreds of new affordable apartments; and billions in much-needed revenue for the city and state,” said Jeff T. Blau, CEO, Related Companies. “At the center of it all is Hudson Green, and we truly believe it will be an oasis that becomes the new calling card of the neighborhood. In the months ahead, we look forward to sharing more details of the extensive, long-term economic and community benefits our vision for Hudson Yards and Wynn New York City will bring to New York.”
Bruce A. Beal Jr., president, Related Companies, added, “It’s easy for leaders to talk about wanting to create jobs and invest in the economy and infrastructure, but our proposal to develop Hudson Yards West would actually do it, which is why it continues to garner important support from unions, trade organizations and small businesses. Finishing the undeveloped yards will not only create 35,000 unionized construction jobs during development, but 5,000 permanent union careers in the resort, which is the economic engine that supports all of these wonderful community benefits, including the affordable housing, public park and transportation improvements.”
Following dozens of meetings with locals over the last two years, Related Companies/Oxford Properties Group and Wynn Resorts also unveiled new details around the community benefits of the proposal, including the Wynn Neighborhood Improvement Fund. The fund will provide resources for key areas as identified by the local community including public safety and security; sanitation to keep sidewalks and streets clean; beautification and plantings for public open space; and will support local artists, whose work will be displayed both throughout Hudson Green and within the resort. The full scope of the community benefits program to be revealed by next summer.
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