New York City’s Hudson Yards project has revealed details of its $12bn plan to put 1,500 new housing units, a 5.6-acre public park, a public K-8 school and a casino resort with 1,500 rooms atop Manhattan’s undeveloped western rail yards.
The developers, Wynn Resorts and Related Companies/Oxford Properties Group, bill the project as a “massive economic and infrastructure boost for NYC” that they promise will create 5,000 permanent jobs in the Wynn New York City resort, plus 35,000 union construction jobs during development, 1,500 new housing units that will include 324 affordable apartments, 1,500 hotel rooms and 328 residences in the resort, located across the street from the Jacob Javits Convention Center and support for local community organisations.
Related Companies CEO Jeff T. Blau promised that the completed project will provide billions of dollars of revenue for the city and the state. “At the centre 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,” Blau said. “We truly believe it will be an oasis that becomes the new calling card of the neighbourhood.”
Related Companies/Oxford Properties Group and Wynn Resorts also announced the establishment of the Wynn Neighborhood Improvement Fund, which will provide resources for key areas as identified by the local community including public safety and security, sanitation, beautification and plantings for public open space. It will also support local artists, whose work will be displayed both throughout Hudson Green and within the resort.
