Home / Tech / Hudson Yards is the most expensive real-estate development in US history. Here's what it's like inside the $25 billion neighborhood.

Hudson Yards is the most expensive real-estate development in US history. Here's what it's like inside the $25 billion neighborhood.

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  • The $25 billion Hudson Yards megadevelopment had its grand opening on March 15. 
  • The entire 28-acre project is set to be completed in 2024.
  • While some buildings are still under construction, the site’s signature landmark — a 150-foot-tall honeycomb structure called Vessel — is now open to the public.

At $25 billion, Hudson Yards is the most expensive real-estate development in US history. It’s also one of the largest, at more than 18 million square feet, including 14 acres of public space.

With many buildings already completed and a few more underway, the development now overwhelms the Chelsea and Hell’s Kitchen neighborhoods near the Eastern and Western Rail Yards. Though the project has a recognizable public landmark — a 150-foot-tall honeycomb structure known as Vessel — its buildings are masterful achievements in their own right.

Read more: Firefighters are warning that lives could be at risk in New York’s $25 billion megadevelopment

Business Insider got a peek inside the development site, which was bustling with activity a few months ahead of the grand opening on March 15. Every day there’s a new path to navigate, said Geoff Butler, the senior project manager at Related Companies, which is developing the site with Oxford Properties Group.

Even on a cloudy day, the buildings’ reflective panels glisten in a celebration of progress.

Take a look at how the development is coming along:

SEE ALSO: New York’s $25 billion megadevelopment can withstand a superstorm or terrorist attack — even if the entire city shuts down

When you step onto the construction site, your eye immediately goes toward Vessel, a $200 million public art installation.

The structure is the brainchild of Thomas Heatherwick, the British designer behind the 2012 Olympics cauldron and the Seed Cathedral in the UK.

Vessel consists of 154 interconnecting flights of stairs totaling 2,500 steps.

See the rest of the story at Business Insider