Tishman Speyer taps Bjarke Ingels for $3B Hudson Yards office tower

Developer gets $1B in equity for 1,005-foot property

TRD New York /
Feb.February 08, 2016 01:45 PM

Tishman Speyer hired starchitect Bjarke Ingels to design its new 1,005-foot, $3 billion-plus office tower in Hudson Yards. The developer secured $1 billion in equity from a group of international investors.

The 2.85 million-square-foot property at 66 Hudson Boulevard will rise 65 stories and is set to fill a city block. It was named the Spiral for its design, which will feature foliage lacing around the glass facade with staggered decks.

The developer received approval for a 25-year tax abatement worth $170 million. Tishman is also looking to obtain construction financing by pre-leasing about 30 percent of the tower, the Wall Street Journal reported.

The tower will be bounded by West 34th and West 35th streets and 10th Avenue and Hudson Park and Boulevard. There will be about 27,000 square feet for retail.

Ingels, the designer behind Two World Trade Center, Via 57 West and most recently, a Bronx police station, told the Journal that greenery was integral to the design. How to keep a natural flow between the stories was also important, he said, adding that staircases in the atriums would connect spaces. Employees would be able to see their co-workers above and below them.

The building also boosts a sought-after amenity: outdoor space, which can increase the value of a space by 10 to 15 percent, JLL’s Mitchell Konsker told the Journal. [WSJ]Dusica Sue Malesevic


Related Articles

arrow_forward_ios
Clockwise from the top left: Jackson Park at 28-40 Jackson Avenue, 240 Willoughby Street in Fort Greene, 664 Pacific Street in Brooklyn, and 247 Metropolitan Avenue in Williamsburg (Credit: StreetEasy, Google Maps, Pacific Park Brooklyn, The Pod Hotel)

These were the top 10 outer-borough loans last month

(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Jackson Park at 28-40 Jackson Avenue and Tishman Speyer's Rob Speyer (Credit: StreetEasy and Tishman Speyer)

Tishman Speyer locks in $1B in financing for Jackson Park

15 Hudson Yards (Credit: Related-Oxford, iStock)

First he sold a plot of land to Hudson Yards’ developers. Now he owns 7 luxury condos there

The Plaza Hotel in 1975 and models walking the runway during New York Fashion Week September 2019 (Credit: Getty Images)

Fashion Week struts its stuff at these iconic NYC locations

M&T CEO René Jones and Brookfield managing partner Ben Brown with 5 Manhattan West (Credit: M&T, Brookfield, and Wikipedia)

Brookfield lands $184M refinancing for Manhattan West retail

From left: Prabal Gurung, Dana Lorenz and Stephen Ross (Credit: Getty Images)

Stephen Ross backlash hits Hudson Yards

Facebook CEO Mark Zuckerberg and Hudson Yards (Credit: Getty Images and Wikipedia)

Facebook close to finalizing Hudson Yards office deal: report

arrow_forward_ios