Expectations are through the roof for the gargantuan Shops & Restaurants at Hudson Yards. The space, estimated to house 1-million-square-feet of retail, currently isn’t due to open until fall 2018, though it is anticipated to include brand names such as H&M, Neiman Marcus, Zara, Stuart Weitzman and Coach.
That small list of brands doesn’t encompass everything the $25 billion project will have to offer. Developer Related Companies has talked about the different options that could be among the 100 stores available once it’s finished.
Kenneth A. Kimmel, chief executive officer of Related Companies’ mixed-use division, spoke with WWD recently to shed light on Hudson Yard’s possibilities.
“The Cartiers, the Van Cleefs, the Pradas, the Hermèses of the world, luxury watch brands — those are the kind of tenants we are in dialogue with. I can’t tell you who exactly,” stated Kimmel. “Don’t forget, Neiman’s is going to deliver an enormous assortment of luxury. I’m not sure what they will say, but I absolutely believe they will do $200 million a year out of the box. That’s my projection.”
Additionally, he also commented on how they could use space that isn’t expected to house luxury brand while hinting at potential suitors.
“There will be a democratic mix. Should we have a Nike? An Under Armour? And deliver the sports category? Yup. We haven’t made deals with all of them yet, but that’s part of the tenant mix you hope to bring.”
Dining is also going to be a substantial fixture as well, with multiple levels being solely devoted to restaurants. While the first four levels will be mainly retail, levels four through six will be home to different dining options and food concepts. This includes one concept created by chefs Thomas Keller and Costas Spiliadis of Milos. Neiman Marcus will also have options of their own for prospective consumers to eat at on levels five through seven.
If everything to this point wasn’t enough to lure consumers to it’s opening, Hudson Yards will have a beautiful five-story atrium with a glass wall created by James Carpenter to reflect the city’s skyline.
Come fall 2018, the Shops & Restaurants at Hudson Yards should become one of the premiere shopping destinations New York City has to offer.