NEW YORK — Hudson Yards, the massive mixed-used project under development on Manhattan’s west side, has picked up two more office tenants.
Intersection and Sidewalk Labs will move their corporate headquarters into 10 Hudson Yards, which is nearly 100% percent leased and where tenants will begin moving in this spring, according to Related Companies and Oxford Properties Group, developers of Hudson Yards.
Intersection is a technology and media company focused on “improving the urban experience at the convergence of digital and physical worlds.” It’s lead investor is Sidewalk Labs, which is listed as an “urban innovation company” and is a partnership between Google and Daniel Doctoroff, the former deputy mayor of New York City for economic development and rebuilding, and former chief executive officer of Bloomberg LP.
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Doctoroff is currently chairman of the Culture Shed, which will be on the Hudson’s Yards site and is intended to stage New York Fashion Week twice a year and other events that will be determined. As part of Mayor Bloomberg’s administration, Doctoroff vigorously advocated for building Hudson Yards.
Intersection and Sidewalk Labs have leased over 67,000 square feet in the 52-story 10 Hudson Yards. They join Coach, The Boston Consulting Group, L’Oréal USA, SAP and VaynerMedia there.
“Our focus is on using technology to improve life in cities,” said Doctoroff, who serves as Sidewalk Labs’ ceo and Intersection’s chairman. He added, “The effort to turn this neighborhood into an engine of growth for New York City has been a personal mission for me for 20 years and it is very exciting to see that dream becoming a reality.”
Related’s founder and chairman Stephen M. Ross said Intersection and Sidewalk Labs design innovations to make cities “more resilient and efficient. It’s also somewhat of a homecoming to have Dan and his team at Hudson Yards. After all, he even named the new neighborhood Hudson Yards.”
Blake Hutcheson, ceo of Oxford Properties Group, said Hudson Yards provides Intersection and Sidewalk Labs with “a like-minded, technology-based and data-driven community.” Hudson Yards, in its announcement Wednesday, cited plans to offer tenants an “interactive, data-driven environment with state-of-the art infrastructure including a fiber loop providing fast, uninterrupted service; on-site power-generation capabilities and an onsite microgrid.”
Elsewhere at Hudson Yards, construction is underway on 30 Hudson Yards and 55 Hudson Yards, two office towers on the eastern side of the site. The building 30 Hudson Yards will house Time Warner Inc., KKR and Wells Fargo Securities. So far, 55 Hudson Yards has leased space to Boies, Schiller & Flexner.
Construction has also begun on the site’s mall where there will be more than 100 shops including Neiman Marcus and restaurants by chefs Thomas Keller, José Andrés and Costas Spiliadis; 15 Hudson Yards, a residential building, and 35 Hudson Yards, a mixed-use tower for residences, an Equinox hotel, fitness club and spa, offices and retail space on the ground.
In total, Hudson Yards will include 17 million square feet of commercial and residential space and 14 acres of public open space. The project will open in phases and is expected to be completed in 2024. It is situated between 10th Avenue and the West Side Highway and 30th and 34th Streets.