$25 Billion Hudson Yards opens Phase I in New York City
Growing up near Manhattan, I was always struck by the city’s “something is always happening here” modus operandi. My recent visit was no exception … just when you think the “Big Apple” is out of room for big development, the amazing happens.
As reported by Construction Dive, Hudson Yards has been in the planning stages for two decades, according to Curbed New York, and under construction for about six. The entire 28-acre project, much of it built above former rail yards, is expected to add $19 billion to New York City’s gross domestic product each year. Construction and development costs through 2025 are expected to total $20 billion.Continue reading