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Details released on Wynn Resorts' $12 billion New York project5 September 2024(PRESS RELEASE) -- Related Companies/Oxford Properties Group and Wynn Resorts revealed new project details last week for the next phase of Hudson Yards, including new renderings and animations as well as additional testimonials of support. 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 world-class 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 centerpiece of the development is Hudson Green, a new a 5.6-acre public green park designed by the award-winning teams of Hollander Design and Sasaki, as part of a master plan designed by Skidmore, Owings & Merrill (SOM). With stunning views of the Hudson River, this new public park creates an oasis of open lawns, gardens, playscapes, and groves that connect the West Side. Comparable in size to Bryant Park, Hudson Green will feature a dog run, over 300 trees, 500 shrubs, flower beds and various native plantings throughout the active landscape. 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 new architectural renderings and video animation allow the public to envision how the development will fit into the context of the overall neighborhood, including Hudson Yards and the Javits Center, as well as how the new park will connect to both the High Line and Hudson River Park. As longtime supporters of both parks, Related Companies made several amendments to the proposal to ensure seamless public access points and create better sightlines and interfaces. “The next phase of Hudson Yards is a $12 billion 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 of Related Companies. “At the center of it all is Hudson Green, a 5.6-acre rolling green park with incredible river vistas, hundreds of trees for hot summer days, gardens, a playground and a dog park. 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.” Wynn New York City will anchor the development, completing a decades-long revitalization of Manhattan’s West Side. This new vision for Hudson Yards West adheres to the approved uses in the 2009 zoning, but has also evolved to reflect the city’s current landscape and economic infrastructure needs. Wynn New York City is the economic engine supporting the development and will create careers for thousands of New Yorkers while offering significant benefits to all sectors of the community. “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,” said Bruce A. Beal Jr., President of Related Companies. “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 support local artists, whose work will be displayed both throughout Hudson Green and within the resort. The full scope of the substantial community benefits program to be revealed by next summer.
Details released on Wynn Resorts' $12 billion New York project
is republished from Online.CasinoCity.com.
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