On Wednesday, the Metropolitan Transportation Authority chose Tishman Speyer to develop the Hudson Yards site on the far West Side of Manhattan. Tishman’s $1 billion bid for a 99-year ground lease from the MTA was $39 million more than a joint venture proposal from the Durst Organization and Vornado. As you may recall, the MTA opened bidding back in October for the right to build at the 26-acre site, which spans from 30th to 33rd Streets and between 10th Avenue and the Hudson River. Designed by Helmut Jahn, Cooper Robertson, and landscape architect Peter Walker, Tishman’s scheme contemplates 8.1 million square feet of office space across 5 towers, 3,230 rental and condominium units, cultural and community space, 379 affordable housing units, and the promise of a LEED Gold rating for the development.
March 27th, 2008 | Stephen Del Percio | 0 comments | Continued