The size and scale of Hudson Yards in the skyline of Manhattan will match the size and scale of public and private investment in the project. The project's effect in the city's economy will be just as conspicuous.
Greg David says there's a big angle to the story about the Hudson Yards project in New York City that is going unnoticed amidst a dispute between unions and developer The Related Cos.
The bigger story is the way Hudson Yards has—faster than anyone expected—fulfilled the two goals of the government officials who set it in motion: create capacity for the New York economy to expand and revive a moribund waterfront section of Manhattan. Its success can be attributed to more than $600 million in direct public investment and a very lucrative tax break.
The first phase of Hudson Yards, built with more than $18 billion in equity and debt over a storage and maintenance yard for Long Island Rail Road trains, will open to the public next March 14, Related says. The numbers couldn't be more impressive. The developer has leased or sold 7 million square feet of office space to tenants ranging from luxury accessories specialist Tapestry to ad agency BCG to media giant Time Warner to BlackRock, the largest money manager in the world. Some 55,000 thousand people will work there every day.
The article includes a history of the project, from its early days as a cornerstone in the Bloomberg Administration's pitch to bring the Olympics to New York City in 2012 (the games were ultimately played in London) to the big public investments that have set the stage for the success of Hudson Yards.
FULL STORY: The story of Hudson Yards is now the story of New York
Review: The Hudson Yards Mega-Development, Open to the Public Today
Curbed Architecture Critic Alexandra Lange provides everything you need to know about the $25 billion, "city within the city" that opened to the public in Manhattan today. Also, the review isn't exactly positive.
Union Deal Paves Way for Hudson Yards Phase 2
The developers of the Hudson Yards development in New York want to change its deal with union employees as it moves into the second phase of construction.
Suicides Prompt New Public Access Rules for the Vessel at Manhattan's Hudson Yards
The Vessel is reopening after closing for four months due to a rash of suicides.
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?
Washington State’s Parking Reform Law Could Unlock ‘Countless’ Acres for New Housing
A law that limits how much parking cities can require for residential amd commercial developments could lead to a construction boom.
Wildlife Rebounds After the Eaton Fire
Following the devastation of the Eaton Fire, the return of wildlife and the regrowth of native plants are offering powerful signs of resilience and renewal.
LA to Replace Inglewood Light Rail Project With Bus Shuttles
LA Metro says the change is in response to community engagement and that the new design will be ready before the 2028 Olympic Games.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Central Transportation Planning Staff/Boston Region MPO
Heyer Gruel & Associates PA
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions