The resort will anchor the undeveloped Western Railyard with a 5.6-acre park and unprecedented neighborhood investment. Hudson Yards West will create 35,000 union construction jobs and 5,000 permanent careers in the resort.
Renderings available to download are linked here.
Related Companies/Oxford Properties Group and Wynn Resorts today revealed project renderings for Wynn New York City, a first-of-its-kind resort that will help complete the Hudson Yards neighborhood and a decades-long revitalization of Manhattan’s West Side.
Wynn New York City will be a catalyst for the development of the entire western half of Hudson Yards. Building on the success of the first phase, Hudson Yards West will provide 35,000 union construction jobs, 5,000 permanent careers in the resort, publicly accessible open space, affordable housing, a school, and more. Other features, including a substantial community benefits program, security program and traffic mitigation plan will be announced as Wynn and Related submit their full application to the New York State Gaming Facility Location Board and continue through the environmental review process.
The proposal will feature a 5.6-acre park – similar in size to Bryant Park – completing the vision for seamless recreational space along the entire West Side that is integrated with the surrounding neighborhood. The space will be designed with the specific needs and input of community stakeholders with programming and areas for residents and their pets to embrace.
“Hudson Yards has already proven to be an unparalleled catalyst for the New York economy, first through tens of thousands of construction jobs and now as home to the world’s leading companies, retail and housing. Moving forward with the second phase of development presents an incredible opportunity to double the impact and provide generational benefits to the State, City, and especially our West Side neighbors,” said Jeff T. Blau, CEO of Related Companies. “We look forward to completing our vision for Hudson Yards in partnership with Wynn Resorts and revealing full project plans as part of our application to New York State.”
Hudson Yards West will be developed on a platform that will be built above the railyard between West 30th and West 33rd Streets and 11th and 12th Avenues. It will include:
- 5.6-acres of publicly accessible, contiguous open space with access to the Javits Center, and nearby parks
- A world-class gaming resort with luxurious hotel rooms and suites, and featuring restaurants, bars, and lounges, a spa, and a concierge team dedicated to showcasing all New York has to offer
- A residential building including affordable housing
- Class AA commercial office space
- A public school with 750 seats, a community facility and a day care center
“As the leading designer, developer, and operator of premium gaming resorts in the world, Wynn New York City will attract luxury and aspirational travelers to our destination resort in Hudson Yards. Wynn guests consistently spend more when they travel. That results in greater tax revenues for the City and State and more spend in the local community, all with less foot traffic than might be required at other resorts,” said Craig Billings, CEO of Wynn Resorts.
As the single largest investment ever to be made in the local communities of Chelsea, Hudson Yards, Hell’s Kitchen and the entire West Side, the project has been designed to enhance the neighborhood and maximize benefit to residents and the surrounding community.
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About Wynn Resorts:
Wynn Resorts, Limited is traded on the Nasdaq Global Select Market under the ticker symbol WYNN and is part of the S&P 500 Index. Wynn Resorts owns and operates Wynn Las Vegas, Encore Boston Harbor, Wynn Macau, and Wynn Palace, Cotai. The company is currently developing the first international destination gaming resort in the Middle East, in Ras Al-Khaimah in the United Arab Emirates.
Wynn and Encore Las Vegas feature two luxury hotel towers with a total of 4,748 spacious hotel rooms, suites and villas, approximately 194,000 square feet of casino space, 21 dining experiences featuring signature chefs and 11 bars, two award-winning spas, approximately 513,000 rentable square feet of meeting and convention space, approximately 177,000 square feet of retail space as well as two theaters, two nightclubs, a beach club and recreation and leisure facilities including Wynn Golf Club, an 18-hole, 128-acre championship golf course.
Encore Boston Harbor is a luxury resort destination featuring a 210,000 square foot casino, 671 hotel rooms, an ultra-premium spa, specialty retail, 14 dining and lounge venues, and approximately 71,000 square feet of state-of-the-art ballroom and meeting spaces. Situated on the waterfront along the Mystic River in Everett, Massachusetts, the resort has created a six-acre public park and Harborwalk along the shoreline. It is the largest private, single-phase development in the history of the Commonwealth of Massachusetts.
Wynn Macau is a luxury hotel and casino resort located in the Macau Special Administrative Region of the People’s Republic of China with two luxury hotel towers with a total of 1,010 spacious rooms and suites, approximately 294,000 square feet of casino space, 14 food and beverage outlets, approximately 31,000 square feet of meeting and convention space, approximately 64,300 square feet of retail space, and recreation and leisure facilities including two opulent spas, a salon and a rotunda show.
Wynn Palace is a luxury integrated resort in Macau. Designed as a floral-themed destination, it boasts 1,706 exquisite rooms, suites and villas, approximately 468,000 square feet of casino space, 14 food and beverage outlets, approximately 37,000 square feet of meeting and convention space, approximately 107,000 square feet of designer retail, SkyCabs that traverse an eight-acre Performance Lake, an extensive collection of rare art, a lush spa, salon and recreation and leisure facilities.
About Hudson Yards:
Hudson Yards is the newest neighborhood on Manhattan’s West Side developed by Related Companies and Oxford Properties Group. A template for the future of cities, Hudson Yards is Manhattan’s first LEED Gold Certified Neighborhood; home to leading retail brands in every category from luxury to fast fashion, and first-ever stores from popular online retailers; restaurants and food experiences by world-renowned chefs and restaurateurs; dynamic cultural institutions and attractions including Edge, Vessel and The Shed; modern residences offering unparalleled amenities; more than five acres of public plazas, gardens, and groves; the world’s first Equinox Hotel; state-of-the-art commercial office space for industry leaders including KKR, Tapestry, BlackRock and more; and eventually a new 750-seat public school. For more information on Hudson Yards, please visit HudsonYardsNewYork.com.
About Related Companies:
Related Companies is a global real estate and lifestyle company defined by innovation and the most prominent privately-owned real estate firm in the United States. Formed 50 years ago, Related is one of the largest private owners and preservationists of affordable housing in the U.S. and a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisition, management, finance, marketing, and sales. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, West Palm Beach, Miami, Washington, D.C., Abu Dhabi and London, and boasts a team of approximately 4,000 professionals. With over $60 billion in assets owned or under development including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side, The Square in Downtown West Palm Beach, The Grand LA and Related Santa Clara in California and The 78 in Chicago. Related was named to Fast Company Magazine’s list of the 50 Most Innovative Companies in the World. For more information about Related, please visit www.related.com.
About Oxford Properties Group:
Oxford Properties Group (“Oxford”) is a leading global real estate investor, developer and manager. Established in 1960, Oxford and its portfolio companies manage approximately C$85 billion of assets across four continents. Oxford’s owned portfolio encompasses office, logistics, retail, multifamily residential, life sciences, hotels, alternatives and credit in global gateway cities and high-growth hubs. A thematic investor with a committed source of capital, Oxford invests in properties, portfolios, development sites, debt, securities and real estate businesses across the risk-reward spectrum. Together with its portfolio companies, Oxford is one of the world’s most active developers with over 70 projects currently underway globally across all major asset classes. Oxford is owned by OMERS, the Canadian defined benefit pension plan for Ontario’s municipal employees.
For more information on Oxford, visit www.oxfordproperties.com.
CONTACTS
Related Companies:
Jon Weinstein
(212) 801-1000
communications@related.com
Wynn Resorts:
Michael Weaver
(702) 770-7501
michael.weaver@wynnlasvegas.com
