The Hudson Square neighborhood in Manhattan is in the midst of a major revitalization. This business district and its residential communities are slated to get many wonderful improvements in the coming years, making it one of the hottest real estate locations in the city.
Expanded Renovation Plans
Recently, the Hudson Square Business Improvement District (BID) pitched a $22 million renovation plan for the community. It will include improvements such as revamped sidewalks, bicycle lanes, street lighting, trees and expanded pedestrian crossings for a better east-west corridor along Houston Street. In addition, the plans include the installation of a beautiful new sculpture on Greenwich Street.
A separately funded $40 million improvement plan is set to construct a pedestrian bridge from Spring Street over the West Side Highway to Hudson River Park. With Disney and Google building their campuses in Hudson Square, these improvements are an important part of the community’s growth plan. A $27 million Streetscape Improvement Plan was previously launched in 2012. It involved planting trees, widening some sidewalks and installing public seating. The new proposals seek to expand on these upgrades and reflect the continued growth of this thriving neighborhood.
New Hudson Square Developments
Another new addition to Hudson Square is the office tower at 555 Greenwich St. When completed, the 270,000 square-foot, 16-story office tower will connect with the adjacent 345 Hudson building to form a single, full-block complex. This modern, sustainable development was designed by COOKFOX Architects. The new building will have state-of-the-art wellness and energy-efficient sustainability features. The goal is to meet and exceed New York City’s 2030 climate targets for office buildings by more than 45 percent.
Our Hudson Square development, The Riverview, is located at 219 Hudson. This building offers an incredible location, stunning multi-bedroom luxury residences and a number of high-end amenities. Click here to read more about The Riverview.
The first closings on The Riverview units are expected to happen as soon as this summer, and we are excited for the new residents to enjoy this incredible residential building in the heart of Hudson Square. This is a great neighborhood with a very bright future!
Your Hudson Square Real Estate Team
If you are interested in buying or selling luxury real estate in Hudson Square or the surrounding Manhattan neighborhoods, contact us today. Let us know how we can help you tap into the incredible New York lifestyle.