Mitsui Fudosan America, Related Companies and Oxford Properties Group today announced the start of construction at 55 Hudson Yards, an office building part of the new 28-acre Hudson Yards neighborhood taking shape on the Far West Side. As part of the announcement, the companies have released new renderings of the property.
“We are pleased to partner with Related Companies and Oxford Properties Group on 55 Hudson Yards, which we consider a new trophy property in the Mitsui Fudosan U.S. and global portfolios,” said Yukio Yoshida, the president and chief executive officer of MFA, in prepared remarks. “Hudson Yards is fast becoming one of the most desirable locations for top echelon tenants, offering an unparalleled modern, mixed-use environment.”
The property at 55 Hudson Yards sits at West 33rd Street and 11th Avenue on Hudson Park and Boulevard, and when completed will rise 51 stories and include 1.3 million square feet. The property will be ready for tenants in 2017, according to its owners.
A. Eugene Kohn and Kohn Pedersen Fox Associates worked as the design architect on 55 Hudson Yards. In a prepared statement, Mr. Kohn described the property as providing a “strong, elegant and extremely rational form within the Hudson Yards site. While its neighboring buildings are more sculptural, the building achieves its beauty through its unique gunmetal grey facade and proportions.”
When completed, Hudson Yards will be home to Coach, L’Oreal USA, SAP, Fairway Market and Time Warner, and will include more than 17 million square feet of commercial and residential space.