Global architecture firm Foster + Partners recently unveiled their plans for 50 Hudson Yards, to be developed by Related Companies and Oxford Properties Group starting early next year. When complete, the 2.9 million-square-foot building, which will be characterized by its unique "halo" effect, will be New York City’s fourth largest commercial office building.
Spanning a whole city block at 33rd Street and 10th Avenue, the ambitious project will include private sky lobbies, outdoor terraces, bike storage areas and private entrance valet. A LEED-Gold rated tower of white stone and glass, the building’s peak will be crafted into a “halo” which will act as a visible accent to the Manhattan skyline.
The space is designed with the 21st century workforce in mind and is in keeping with the larger vision for Hudson Yards as a dynamic mixed-use environment offering public space, work and living settings. The Hudson Yards project is the largest private real estate development in the nation’s history. The development of the area is expected to contribute nearly $19 billion annually to New York City’s Gross Domestic Product (GDP), accounting for 2.5 percent of the citywide GDP. Companies and buildings located at Hudson Yards will bring 55,752 direct jobs to the new West Side neighborhood.
50 Hudson Yards is expected to open officially in 2022.