Related Companies has hired Philippe Visser as senior vice president of development on its Hudson Yards development team. In this new role, Visser will serve on the executive team of the historic 28-acre project and have primary responsibility for development of the firm's 80-story, 2.5 million-square-foot North Tower.
Visser previously served as director on the World Trade Center redevelopment, leading the $15 billion, 14 million-square-foot project. He joined the Port Authority of New York & New Jersey in 2009, where he handled development, leasing and operations of the 3 million-square-foot One World Trade Center, including Conde Nast's 1.2 million-square-foot lease, the GSA's lease of 270,000 square feet, Legends Hospitality's $875 million observation deck, and the $1.23 billion joint venture with Westfield Group to co-develop the retail portion of the 16-acre site. Before that, he held positions at Tishman Speyer, Vornado Realty Trust, and Forest City Ratner.
L. Jay Cross, president of Related Hudson Yards said, "Philippe has extensive experience with large-scale commercial real estate
projects and a proven track-record of delivering complex developments. We are very pleased to welcome him to the Hudson Yards team as we prepare to commence construction on the platform and North Tower in a few short months."
Visser graduated summa cum laude from the University of Pennsylvania, where he was a Phi Beta Kappa member and Truman Scholar. He holds an MBA from Columbia Business School and a Master's Degree in regional and urban planning with distinction from the London School of Economics. Visser currently serves on the boards of the Lower Manhattan Cultural Council, Downtown-Lower Manhattan Association, and the Alliance for Downtown New York, and is an active member of the Urban Land Institute.
Hudson Yards, being developed by Related Companies and Oxford Properties Group, sits within New York’s fastest developing neighborhood. The 28-acre site, which now includes 1 and 2 Hudson Blvd., will feature more than 9 million square feet of commercial space, 750,000 square feet of retail space
, 5,000 residences, a new public school, cultural center, luxury hotel, health club, access to public transit, and public spaces with connections to the celebrated High Line and the new Hudson Park and Boulevard. Construction on the 52-story South Tower began last December, and is already 85-percent pre-leased and is slated for occupancy in 2015. The North Tower and platform are expected to commence construction in January of 2014.