FOR IMMEDIATE RELEASE
November 22, 2004
CONTACT: RACHAELE
RAYNOFF, PRESS SECRETARY (212) 720-3471, fax: (212)
720-3219
CITY PLANNING COMMISSION VOTES TO APPROVE COMPREHENSIVE
HUDSON YARDS REDEVELOPMENT PLAN
November 22, 2004 - The City Planning Commission
(CPC) today voted to approve the comprehensive plan
to redevelop the Hudson Yards on Manhattan’s
west side as a vibrant, transit-rich 24/7 commercial
and residential neighborhood with more than 20 acres
of open space, CPC Chair Amanda M. Burden announced.
The 59-block rezoning will be supported by the planned
extension of the Number 7 train, and together with
the proposed convention corridor development, will
fuel New York’s economy with an estimated 200,000
private sector jobs plus thousands of construction
jobs over coming decades.
The vote incorporates changes to the plan made during
the public review process by community leaders and
civic organizations, including:
- an increase in residential development and
an expanded affordable housing program to produce
or preserve roughly 2,600 affordable housing units
with a total of 13,600 new units in the area,
- a reduction in commercial development of 2 million
square feet and redistribution of remaining 26 million
square feet,
- a zoning bonus that would encourage construction
of small theaters to revitalize the western portion
of 42nd Street, and
- a zoning incentive to create a pedestrian passage
on West 32nd Street linking the soon-to-be-constructed
Moynihan Station with the new six-acre public square
on 11th Avenue.
"This comprehensive and far reaching Hudson
Yards plan is essential to securing New York City’s
future," said Ms. Burden. "The close
involvement of the many stakeholders in the review
process has greatly improved this plan to reclaim
the west side as a spectacular place to work, live
and raise families for generations to come."
The Hudson Yards Redevelopment Plan includes the
area from West 30th Street to West 43rd Street, and
Seventh and Eighth Avenues to Twelfth Avenue. It
is bordered by Clinton to the north, Chelsea to the
south, the Hudson River to the west and the Garment
Center and Midtown to the east. The changes approved
today are expected to create opportunities for development
in the area over the next 30 to 40 years and create,
at buildout, annual revenues of $1.6 billion (in
2003 dollars) for the City and State.
"
I am gratified that today the City Planning Commission
resoundingly endorsed one of the largest rezonings
in the City's history - the penultimate step towards
a sweeping transformation of Manhattans
West Side. said Vishaan Chakrabarti, DCP Manhattan Borough Director. By
leveraging the future land value of this largely
underutilized area, the plan sets a new precedent
for the creation of affordable housing,
mass transportation, and acres of open space."
The CPC voted 10-1 to approve the modified plan and send it on to the City Council for the final step in the review process. This action follows the CPCs sign-off last week of a notice of completion of the final environmental impact statement, an exhaustive seven-volume analysis of the proposal. It builds on the support of the Manhattan borough board for the rezoning and the approval earlier this fall by the Manhattan Borough President.
Complete information on the Hudson Yards plan is
available at the Department of City Planning’s
website.
City Planning:
The Department of City Planning is responsible for the
City's physical and socioeconomic planning, including
land use and environmental review; preparation of plans
and policies; and provision of technical assistance
and planning information to government agencies, public
officials, and community boards.
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