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The Hudson Yards Redevelopment Project is a joint venture by the New York City Department of City Planning and Metropolitan Transportation Authority to encourage development along the Hudson River in Manhattan, New York City. The project includes a rezoning of the Far West Side into a new neighborhood called Hudson Yards, an extension of the New York City Subway's to the area's eponymous subway station at 11th Avenue, and a renovation of the Jacob K. Javits Convention Center. The centerpiece of the Hudson Yards Redevelopment Project is the Hudson Yards neighborhood, a mixed-use real estate development by Related Companies and Oxford Properties. The new construction is supposedly the largest ever of its kind. According to its master plan, created by Kohn Pedersen Fox Associates, Hudson Yards is expected to consist of 16 skyscrapers containing more than of new office, residential, and retail space. Among its components will be of commercial office space, a retail center with two levels of restaurants, cafes, markets and bars, a hotel, a cultural space, about 5,000 residences, a 750-seat school, and of public open space. The project was developed after the city lost its bid for the 2012 Summer Olympics and then decided not to build the proposed West Side Stadium for the New York Jets over the MTA's John D. Caemmerer West Side Yard. Hudson Yards broke ground on December 4, 2012;〔Sheftell, Jason. ("New York City officials, developers to break ground on $15 billion mini-city Hudson Yards" ) ''New York Daily News'' (December 4, 2012)〕 the first tower, an office building in the southeast corner of the site, is expected to be complete in 2015. The new neighborhood is bordered on the east by Seventh and Eighth Avenues, on the south by West 28th and 30th Streets, on the north by West 43rd Street, and on the west by Hudson River Park and the Hudson River; the new platform upon which most of the development will be built is bordered by 10th and 12th Avenues and by 30th and 33rd Streets. It is expected to cost more than and may eventually see 65,000 visitors a day. , construction is overseen by Related Companies' executive vice president, Timur Galen. == Background and history== In January 2005, the New York City Council approved the rezoning of about 60 blocks from 28th to 43rd Streets. This did not include the western portion of the West Side Yard. In June 2005, the proposed West Side Stadium, to be built over the western portion for the New York City bid for the 2012 Summer Olympics, was defeated.〔 Soon after, the Metropolitan Transportation Authority (MTA) thought of ways to redevelop the yards. In conjunction with the government of New York City, the MTA issued a Request for Proposal (RFP) for of mixed-use space. The space was to be built on platforms over the rail yards, which would still be in use.〔 Five developers responded to the RFP. Tishman Speyer won the bid in March 2008. Tishman Speyer entered into a 99-year lease with the MTA, paying $1 billion for the air rights. It would also spend another $2 billion for development over the rail yards, including for the two platforms over the yards to support of public spaces, four office buildings, and ten high-rise residential towers.〔 However, just two months later, the deal broke down due to the late-2000s financial crisis. Not much later, the MTA chose Related Companies and Goldman Sachs to develop Hudson Yards under the same conditions. In December 2009, the New York City Council approved Related Companies' revised plan for Hudson Yards, and the western portion of the West Side Yard was rezoned.〔 The newly rezoned Hudson Yards area was to have of Class A office space, 20,000 housing units, of hotel space, a 750-seat public school, of retail and more than of public open space. Following the rail yards' successful rezoning, the MTA signed another 99-year lease to the air rights over the rail yard in May 2010. The air rights were signed over to a joint venture of Related Companies and Oxford Properties Group, which invested $400 million to build a platform above both the eastern and western portions of the yard on which to construct the buildings. In April 2013, the Related/Oxford joint venture obtained a $475 million construction loan from parties including Barry Sternlicht's Starwood Capital Group and luxury retailer Coach. The financing deal was unique in several aspects, including the fact that it included a construction mezzanine loan, that Coach was a lender on both the debt and equity sides, and that the MTA helped create the "severable lease" structure that allowed for the loans. A portion of the project has also been financed by the EB-5 investment program, which uses capital from immigrants who become eligible for a green card. In February 2015, the Chetrit Group, headed by Meyer and Joseph Chetrit, announced that it wanted to spend to expand the Hudson Yards development site by . It would add about of space to a site between 11th Avenue, 37th and 38th Streets, and Hudson Boulevard that previously allowed of retail space. A buyer would be able to split the space between two buildings. So many fees and taxes are being incurred by Hudson Yards and similar projects on the West Side that it is expected that revenue from Hudson Yards could pay off bonds that the city issued to associated projects, such as the 7 train extension and a park and boulevard in Hudson Yards. Although the city had allotted $358 million a year since 2006 to pay off debt, developers have paid the city $336 million since July 2014, in the form of development fees and land rights. As a result of the rezoning of the Hudson Yards neighborhood, at least 57 buildings have been built or planned in the area from 2006 to June 2015. The city had originally projected to receive $563 million from property sales by September 2015. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Hudson Yards Redevelopment Project」の詳細全文を読む スポンサード リンク
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