image credit: hudsonyardsnewyork

Phase 1 of NYC’s $25B Hudson Yards debuts

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.

Developers have also considered the possibility of natural disasters, terrorist acts and other events that could threaten the security of corporate tenants, visitors and residents and designed Hudson Yards, according to The Wall Street Journal, as an impenetrable “city within a city.”

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