Dive summary:

• Related Cos. does not have every bit of its financing deals nailed down, but the New York-based developer is close enough to put shovel to ground next month for the first building in what is planned to be a $15 billion project called Hudson Yards on the far west edge of Manhattan.
• After the first 46-story building, the project will need two $800 million platforms over railroad yards because those will support other structures on the 26-acre site.
• The project was conceived in the 1980s. Getting it started in this century was held up by the recession.

From the article:

Construction is set to begin on the first stage of a $15 billion city-within-a-city that aims to reshape Manhattan's desolate far West Side, kicking off the largest privately funded office development in the U.S. since the economic downturn. ...