Since Disney announced in July that it is relocating its New York headquarters to 4 Hudson Square, the downtown New York City neighborhood was primed to be a focus of construction and development over the next couple of years. CIS Project
But when Google stepped in last week and announced that it plans to invest $1 billion on a 1.7 million-square-foot campus in Hudson Square, well, suddenly the spotlight seems set on the area on the lower west side of Manhattan. CIS Project (With maybe a little attention still finding its way to Amazon in Long Island City if Jeff Bezos has anything to say about it.)
The 1.2 million-square-foot Disney project is expected to create thousands of jobs during development and construction. Starting in the coming year, it will involve the demolition of three buildings for the construction of a state-of-the-art, LEED-certified, energy efficient complex with offices, and production spaces complete with the latest technology and the ability to adapt to the coming technological advances. The site–which Disney reportedly spent $650 million for–is a full city block, bordered by Hudson, Varick, Vandam, and Spring streets.
With these work spaces will come residential and retail needs for the thousands of employees who will flood the neighborhood. Multiple high profile residential projects are underway or recently completed, including neighborhood transforming buildings at 570 Broome CIS Project, 111 Varick St, CIS Project, and 60 Charlton St. CIS Project
The Jackie Robinson Museum is also coming to the area, set to open in the spring of 2019 at the corner of Canal and Varick streets.
If there wasn’t enough going on, Google made it certain: Hudson Square will be the place for development and construction in the near future. It is set to be the neighborhood to be in the coming years in New York City.