ML-Implode News - Hudson Yards: Site of failed NYC 2012 Olympics bid set for rehab

The old Hudson rail yards on Manhattan's West Side might have become the Olympic stadium if the city had won the summer games when it bid on them years ago. Instead, a $15 billion small city within a city will soon start rising on the 26 acres of land by the Hudson River, with the construction on the first building set for this year.
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Some have dubbed the neighborhood "Manhattan's final frontier." Bounded by 10th and 12th avenues and West 30th and 33rd streets, it is Manhattan's largest tract of land still available for major development, followed by the World Trade Center being rebuilt downtown a decade after the terrorist attack.
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Still, in New York, "to build these very large structures on top of the tracks is a huge challenge," says the firm's co-founder, architect Bill Pedersen. "It's like dental work, threading through down below."
An $800,000 platform will cover the field of open tracks that will continue to be used by the Long Island Rail Road, stretching under the nearby Pennsylvania Station transport hub linked by Amtrak to other parts of the country.

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Hudson Yards: Site of failed NYC 2012 Olympics bid set for rehab