June 4, 2015
Featured by Business Insider.
Two major projects have kicked off in New York City and Chicago, part of a broader global trend toward using high technology — the latest in sensors and infinitesimal tracking and measuring devices — to create “smart cities.”
The projected savings of these global initiatives: $20 billion by 2020.
Last spring, NYU’s Center for Urban Science and Progress partnered with New York City’s Hudson Yards neighborhood — in the far west 30s of Manhattan — to build the nation’s first “quantified community.” The 17 million square feet of commercial and residential land, currently in Phase 1 development, will track data on air quality, pedestrian traffic, energy production and consumption, and the health and activity levels of workers and residents. There will be a school, hotel and 14 acres of public space along with an on-site power plant and central waste-management system. Phase 2 will begin next year, with the community completed by the mid-2020s.
Hudson Yards, which is being developed by Related and Oxford Properties, is the largest and most ambitious private real estate development in the US. A project of similar scope has not been seen in New York City since Rockefeller Center was built in the 1930s.