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Hudson Yards, the most expansive and expensive private development in the United States, is set to open to the public on March 15.
Dubbed a “Billionaire’s Fantasy City” by New York magazine, the mixed-use development will feature $25 billion worth of retail, office and residential space. Although Hudson Yards brags of private ultraluxe amenities (including the first-ever Equinox Hotel) the stores and restaurants at Hudson Yards will be a spectacle unto themselves. The Shops at Hudson Yards spans seven levels and will contain more than 100 restaurants and stores. It will also be the home of Neiman Marcus‘ first New York flagship.
The man behind the Hudson Yards project is Stephen Ross, a real estate developer and CEO of the Related Cos. Although construction started on the development in 2012, Ross’ plan for Hudson Yards will not fully be executed until 2022.
But on March 15, the company will unveil to the public the shops, restaurants, parks and Hudson Yards’ public landmark: Thomas Heatherwick’s sculpture “Vessel.” Hudson Yards anticipates that 60,000 people will visit the space daily once the neighborhood is in full swing. Here are some fast facts about the megadevelopment provided by Related Oxford, the joint property company that’s behind Hudson Yards.
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