Work on the $4-billion Hudson Yards project on Manhattan's West Side is set to start by late summer with the recently announced surprise choice of Tutor Perini, Sylmar, Calif., as prime contractor. New York City-based developers Related Cos. and Oxford Properties Group say they will form Hudson Yards Builders, a joint venture with Tishman Construction, to operate as owner-builder for the 26-acre site that is Manhattan's single-largest undeveloped property.
"[Tutor Perini] has an exemplary track record with complex, large-scale developments," says Jay Cross, president of Related Oxford Hudson Yards. The contractor's work in New York City includes the Greenwich Street Corridor project at the World Trade Center, and it has made several acquisitions in the last year, including GreenStar Services Corp., one of the city's largest mechanical and electrical services firms. The first phase of the project will focus on building a 51-story tower, with completion set for 2015.