In April 2014, new renderings of a 62-story, 2.3-million-平方フート (210,000 m2) building were released. The tower was shown at a height of 1,068フィート (326 m).[5] The building's plans were also changed; the building, originally meant to be step-like structure with a white facade, was updated to reflect a three-part structure with three rectangular components, each one smaller than the one below it.[6]
In December 2016, after a revised plan for the building was released with asset manager BlackRock set to take 847,000平方フィート (78,700 m2) as the anchor tenant, new renderings for the building, designed by Foster + Partners were revealed.[7] In September 2017, developer Related Companies obtained $3.8 billion in financing for the new tower, including a $1.5 billion loan.[8]Mitsui Fudosan owns a 90 percent stake in the building.[9]Bank of China, Deutsche Bank, HSBC, Sumitomo Mitsui and Wells Fargo contributed financing for the tower.[9]
Work on the foundation of 50 Hudson Yards began in May 2018.[10] In August 2018, the height of the building was increased slightly, from 985 ft (300 m) to 1,011 ft (308 m).[3]
In October 2022, Related and Oxford Properties borrowed about $349 million for 50 Hudson Yards from Wells Fargo.[11][12] The building officially opened in October of 2022.[13][14]
Before construction on 50 Hudson Yards began, BlackRock agreed to move its headquarters to the building in 2016, as the anchor tenant.[15] The agreed upon lease spans 15 floors of the building. [16]
In November 2019, it was announced that Meta, then known as Facebook, would occupy 1.2 million平方フィート (110,000 m2) of space in 50 Hudson Yards. This lease represents 80% of the total space that Facebook would occupy at Hudson Yards.[17][18] In 2022, it was reported Meta would sublease a portion of floors due to cost-cutting measures.[19]
In September 2022, it was announced that Truist Financial had signed a lease for 100,000 square feet in the building.[20]Russ & Daughters plans to open a location in the building in early 2023.[21]
The building was designed by Foster + Partners, the largest architectural firm in the UK, and the interiors were designed by Tony Ingrao. Its facade, made of glass and hand-carved Italian marble, features three stacked rectangular components of diminishing size.[22]
In January 2019, the developers unveiled two unnamed starburst-shaped sculptures made of painted steel, aluminum and fiberglass, crafted by American artist Frank Stella which sit in the building's lobby.[23] A bespoke elliptical staircase designed by British architect and designer Norman Foster surrounds Stella’s interlocking star sculpture. Additionally, a pair of large-scale abstract sculptures rendered from painted steel, aluminum and fiberglass, can be found hanging from the ceiling in the ground-level lobby area and are also works of Frank Stella.
The building replaced a drive-through McDonald's that had long occupied the southwest corner of 34th Street and 10th Avenue.[24] Its entrance is directly across from the terminal station of the 7 Subway Extension. It connects to the 7 and the The Shops & Restaurants at Hudson Yards through an underground tunnel.