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Hudson Yards is the most expensive real-estate development in US history. Here's what it's like inside the $25 billion neighborhood.

Hudson Yards 0814
  • The $25 billion Hudson Yards megadevelopment had its grand opening on March 15.
  • The entire 28-acre project is set to be completed in 2024.
  • While some buildings are still under construction, the site's signaturelandmark a 150-foot-tall honeycomb structure called Vessel is now open to the public.

At $25 billion, Hudson Yards is the most expensive real-estate development in US history. It's also one of the largest, at more than 18 million square feet, including 14 acres of public space.

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With many buildings already completed and a few more underway, the development now overwhelms the Chelsea and Hell's Kitchen neighborhoods near the Eastern and Western Rail Yards. Though the project has a recognizable public landmark a 150-foot-tall honeycomb structure known as Vessel its buildings are masterful achievements in their own right.

Business Insider got a peek inside the development site, which was bustling with activity a few months ahead of the grand opening on March 15. Every day there's a new path to navigate, said Geoff Butler, the senior project manager at Related Companies, which is developing the site with Oxford Properties Group.

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Even on a cloudy day, the buildings' reflective panels glisten in a celebration of progress.

Take a look at how the development is coming along:

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Construction on Vessel began in April 2017and is scheduled to be complete by March 2019.

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The structure, which opened in May 2016, contains companies like L'Oral USA, Sidewalk Labs, Guardian Life Insurance, and The Boston Consulting Group.

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A standard apartment starts at about $3.9 million, and at least 60% of the units have already been sold.

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See Also:

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SEE ALSO: New York's $25 billion megadevelopment can withstand a superstorm or terrorist attack even if the entire city shuts down

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