Hudson Yards Developer Eyes a West Coast Version of the Project

The developer of New York City’s $25 billion luxury neighborhood, Hudson Yards, is eyeing Silicon Valley as a place to create a West Coast version of the complex.

(SANTA CLARA, CA) According to Curbed, Hudson Yards developer, Related, is set to break ground on a planned $8 billion real estate project — a 240-acre golf course that will turn into a mixed-use development.

British architecture firm Foster + Partners will handle design and landscaping of the waterfront development near Levi’s Stadium, which also includes plans for a neighborhood-style streetscape with a public square and a 30-acre park, Curbed reports. The first phase is poised to open in 2023.

Of the project’s 9.2 million square feet, 5.4 million square feet will be devoted to offices supporting 25,000 jobs, with one million square feet of retail and entertainment space. But Curbed notes that only 1,680 residential units are planned to be built.

The project has raised the question of whether Silicon Valley can handle such a high-end, large scale project amid the region’s affordable housing crisis.

Tech giant Google is proposing a mega-campus near Downtown San Jose’s Diridon Station, according to the San Jose Spotlight.

That campus is set to hike rents in the area up to $235 million, according to research from Silicon Valley-based community organization, Working Partnerships USA.

Leave your vote

3 points
Upvote Downvote

Total votes: 3

Upvotes: 3

Upvotes percentage: 100.000000%

Downvotes: 0

Downvotes percentage: 0.000000%