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Related unwraps $12B Hudson Yards casino proposal
Developer’s three skyscrapers hangs on gaming license
A photo illustration of Related Companies’ Jeff Blau along with a rendering of Western Rail Yards at Hudson Yards (Getty, NYC Planning)
Related Companies is going big with its Hudson Yards casino proposal.
The developer filed plans with the City Planning Department on Tuesday outlining a three-tower project, Crain’s reported. The plans are among the final ones to emerge among the roughly dozen bidders for one of three downstate gaming licenses to be awarded by the state.
Related’s $12 billion development would rest on a platform over the Western Rail Yards. The company would build three skyscrapers on the 13-acre stretch between West 30th and West 33rd streets along the Hudson River.
The proposal includes a residential component with more than 1,500 apartments, a resort hotel, two million square feet of office space, a public school, a day care and the casino, on which Related is partnering with Wynn Resorts.
The casino would span 2.7 million square feet on the north side of the lot. It would stand 80 stories and 1,200 feet tall and house a 1,750-key hotel, a ballroom, conference space, retail space and restaurants. The casino would be at the bottom of the tower, spanning five floors.
A 1,400-foot-tall tower on the southeast corner of the lot would hold the offices and a 750-seat school. The southwest corner would feature a 1,200-foot tower with 1,507 housing units, 324 of which would be affordable. Six acres of public space would be tucked within the trio of towers.
If Related is not awarded one of the downstate gaming licenses, the proposal is likely to be scrapped. An alternative was provided in the submitted plans, but only as a procedural step, according to the company.
Related needs approval from the city because there would be fewer and more dense buildings than what was agreed to in the sweeping 2009 rezoning that allowed for Hudson Yards.
State Sen. Brad Hoylman-Sigal and Assembly member Tony Simone have been skeptical of bringing a casino to Hudson Yards, which is in their districts. Related plans to submit a community benefits agreement alongside the full application later this year.
The site is in close proximity to one targeted by Larry Silverstein. His firm’s 1.8 million-square-foot development would include two 46-story towers, connected by a sky bridge, on open land at the corner of West 41st Street and 11th Avenue.
— Holden Walter-Warner