Hudson Yards is New York City’s newest neighbourhood—the centre of the city’s rapidly changing West Side, and the largest private development since Rockefeller Center. If that’s not ambitious enough, it was also Oxford’s inaugural investment in New York City.
Oxford and Related Companies teamed up at the end of the financial crisis with a transformational vision for the site. Oxford’s rich global expertise and Related’s deep New York roots combined to shape the city-within-a-city and deliver enormous social and economic impact.
The master planned site includes 5,000 apartments (including 400 affordable), more than 100 retail shops, five commercial office buildings, a school for 750 children, 14 acres of public open space with 28,000 plants and 200 mature trees, the Heatherwick Studios-designed interactive structure Vessel and the highest outdoor sky deck in the western hemisphere—all constructed atop a 30-track working railyard.
When completed, 125,000 people daily are expected to live, work, dine, shop, study, stroll or sightsee at the 28-acre neighbourhood. The project will contain 18 million square feet of commercial and residential space and is expected to contribute close to $19 billion annually to the city’s GDP.