Following Amazon’s announcement of opening their HQ2 in New York’s Long Island City neighborhood, Google has announced a $1 billion investment initiative to expand their Manhattan campus into Google Hudson Square as well as expand their workforce by 7,000. Google Hudson Square will feature 1.7 million SF and will occupy both 345 and 315 Hudson Street, as well as St. John’s Terminal located at 550 Washington Street. The move follows Google’s purchase of Chelsea Market for $2.4 billion earlier in 2018 across the street from Google Chelsea, located at 111 Eighth Avenue. Oxford Property Group, a co-developer of Hudson Yards with Related Companies, is currently redeveloping the St. John’s Terminal at 550 Washington Street which they purchased for $700 million in Fall 2017. The redevelopment, designed by COOKFOX Architects, includes expanding the building from 4 to 12 stories and adding 1.3 million SF as well as landscaped terraces, rooftop and redesigned entry plaza. Construction is expected to begin in Q2 2019 and tenants are expected to move in by 2022.
