RELATED COMPANIES AND WYNN RESORTS UNVEIL NEW DETAILS ON THE NEXT PHASE OF HUDSON YARDS

Core Points - The proposal for Hudson Yards West represents a $12 billion investment aimed at enhancing New York City's infrastructure and economy, potentially creating 35,000 union construction jobs and 5,000 permanent union careers in the resort sector [1][3][4] - The centerpiece of the development will be Hudson Green, a 5.6-acre public park designed to improve the quality of life in the neighborhood and provide recreational space [1][3] - The project includes the construction of 1,500 new housing units, with 324 designated as affordable apartments, alongside a new public K-8 school [1][3][4] Economic Impact - The development is expected to generate billions in revenue for the City and State, addressing current economic infrastructure needs [3][4] - The Wynn Neighborhood Improvement Fund will support local community initiatives, including public safety, sanitation, and local artist support [5] Community Benefits - The project has undergone extensive community engagement, resulting in amendments to ensure public access and improved sightlines to existing parks [2][5] - The development aligns with the approved uses in the 2009 zoning and aims to complete the revitalization of Manhattan's West Side [3][4]