(Construction News) - On October 19th, the Japanese real estate giant Mitsui Fudosan Corp. announced the completion of a high rise office building known as ”55 Hudson Yards” in Manhattan, New York. The 51 story building hasa penthouse and two basement floorswith118,000 m2, the largest office property ever developed by a Japanese company in Manhattan. The Cast-iron architecture style, which is common in buildings in SoHo built in the 19th century, was adopted in exterior of the structure.
55 Hudson Yards is located in the 11 hectare area and is part of the mega-complex development ”Hudson Yard” by the U.S. developer giant Related Companies and one of Canada’s largest institutional investors Oxford Properties. The total cost is estimated at 150 billion yen, 90% of which is invested by Mitsui Fudosan..
This building was designed by Kohn Pedersen Fox, and the main constructer was Gilbane Building Company. The tenants are mainly financial companies and major law firms.Hudson Yard has 5 office buildings, a commercial building, high-rise apartments, a luxury hotel, a culture facility, and a school.
Mitsui Fudosan announced that they will drive evolution as a global company in a long-term management policy “VISON2025” which will cover 7 financial years from 2018. They have been working to further strengthen overseas business, expanding the development projects in U.S., China, Taiwan, and Southeast Asia.
The Daily Engineering and Construction News of Japan 2018/10/22
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