2017 A Performance Space in a New NYC Neighborhood
Perhaps the largest private urban redevelopment in the U.S. is taking place today in New York City, where about 40 blocks of previously unavailable Manhattan real estate are being turned into homes, offices, retail, and entertainment facilities—by decking over and building on top of the Hudson Yards parking and maintenance area for rail cars. This new neighborhood will include an arts facility, known as The Shed, created via a $500 million fundraising campaign. The building has been designed to flexibly accommodate everything from theater plays for 500 people, to museum shows, to outdoor concerts with audiences in the tens of thousands. The largest gift, among the many donors, was $75 million from Michael Bloomberg.
New York Times reporting, nytimes.com/2017/05/24/arts/design/michael-bloomberg-gives-75-million-to-shed-arts-center.html?_r=0