It’s no secret that the Far West Side of Manhattan is booming these days. Once a forlorn industrial district, the Far West Side has seen billions of dollars in both public and private investment in recent years, helping to transform it into a modern, mixed-use district with millions of square feet of office, residential, hotel and retail space.
At the centerpiece of all this redevelopment is Hudson Yards, the largest private real estate development in U.S. history. Built atop an active rail yard on the Far West Side of Manhattan, Hudson Yards boasts several office towers, residential buildings, a hotel, retail space, a school and 14 acres of public space. For companies seeking something relatively affordable in a trendy new district, this area is a great deal. Here’s a quick look at some of its advantages.
Affordable, Modern Office Space
Compared to Midtown East, Midtown South and the World Trade Center, Hudson Yards is considerably more affordable. This offers a key advantage for budget-minded companies. In addition to this, because Hudson Yards is a new district built essentially from scratch, it offers some of the most modern office space available in New York City. For businesses seeking modernity, flexibility and advanced technology for their new office space, the district is tough to beat.
Excellent Transportation Options
The area also offers superb transportation options, anchored by the modern 34th Street-Hudson Yards 7 train station, which connects to 18 other subway lines and allows for easy access from many parts of the city. The district is also very accessible to commuters from the suburbs, as the 7 train offers a direct connection to Metro-North rail at Grand Central Terminal while the Long Island Rail Road, New Jersey Transit and Amtrak are just two blocks away at Penn Station – the busiest rail hub in North America.
The Port Authority Bus Terminal, PATH and ferry services are also fairly accessible as well. The area also offers close proximity to JFK, Newark and LaGuardia airports too.
Wide Array of Nearby Amenities
Although most people don’t realize it, the neighborhood will soon be filled with a wealth of amenities that modern businesses seek out. The Shops and Restaurants at Hudson Yards will offer more than 100 shops and restaurants to enjoy while The Shed, a cultural events center, will also offer cultural and entertainment options for local workers. 14 acres of public space offer plentiful room to eat lunch or relax after work as well.
In addition to what’s arriving in the near future, plenty of great amenities already exist for businesses in the area. The High Line offers the perfect place to chill after work, making it a key draw for employers. Nearby, the scenic Hudson River Park and Hudson Park and Boulevard also offer plenty of green space to enjoy too.