Chelsea Canvas Wraps Up Construction At 280 West 24th Street in Chelsea, Manhattan

Rendering of 280 West 24th Street. Courtesy of FXCollaborative

Construction is wrapping up on Chelsea Canvas, a 14-story mixed-use building at 280 West 24th Street in ChelseaManhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the 175-foot-tall structure spans 132,700 square feet and will yield 190 rental apartments in studio to three-bedroom layouts, as well as 33,000 square feet of retail space on the ground floor and cellar levels. Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the project, which was formerly addressed as 278 Eighth Avenue and is located along Eighth Avenue between West 23rd and West 24th Streets.

Work on the ground floor has concluded since our last update in late January, when the sidewalk shed was still covering portions of the first story. All scaffolding and most of the barriers were removed from the site following the completion of the new sidewalks, though some orange barricades remain around the southwestern corner. Small vertical light fixtures were added to the columns between the retail storefronts, and an Apple Bank is readying to open in the space at the corner of Eighth Avenue and West 24th Street. Target is slated to occupy 28,000 square feet as the anchor retail tenant.

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Residential amenities include a rooftop terrace, an additional terrace on the second floor, a fitness center, a communal lounge, touchless elevator and lobby access, and a bicycle storage room.

INC Architecture and Design is carrying out interior design for the apartments, which come with white oak cabinetry, Bosch appliances, and laundry machines. Select units feature private terraces.

Rendering of 280 West 24th Street, by FXCollaborative

Rendering of 280 West 24th Street. Courtesy of FXCollaborative

Rendering of 280 West 24th Street, by FXCollaborative

Rendering of 280 West 24th Street. Courtesy of FXCollaborative

Rendering of 280 West 24th Street, by FXCollaborative

Rendering of  280 West 24th Street. Courtesy of FXCollaborative

Target is expected to open at the building this October and occupy around 21,000 square feet on the ground and cellar levels. Other retail tenants that will be found below street level include a CVS Pharmacy and a Home Goods.

The local C and E trains are located directly beside the property at the intersection of West 23rd Street and Eighth Avenue. The 1 train is also one block to the east at the 23rd Street station on Seventh Avenue.

YIMBY expects the remaining construction at Chelsea Canvas to conclude this summer.

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22 Comments on "Chelsea Canvas Wraps Up Construction At 280 West 24th Street in Chelsea, Manhattan"

  1. Very nice filler building. The interior render indicates this will be very high end for a rental.

  2. Buildings need to be taller to accommodate all the rich folks across the world.

    • Building needs to be denser because we have 50% more people than 40 years ago and zero new acreage.

      • NYC is 50% more populated than 40 years ago?

        • Peterinthecity | June 23, 2024 at 4:40 pm | Reply

          Thank you for calling out that highly suspect claim. Stats: 1970 Manhattan had about 1.539 million, 2022 was about 1.640 million. Roughly 110,000 more people in 52 years. Get a grip, that’s growth well south of 10%.

          • GardenViewNYC | June 23, 2024 at 5:26 pm |

            Manhattan does not equal NYC. But your correct, population has grown about 4.5% (NYC population in 1970 was 7.896 million and in 8.258 in 2023).

          • GardenViewNYC | June 23, 2024 at 5:27 pm |

            “You’re (not your) correct”

        • I’m guessing he’s referring to the US population? ~50% in the last 40 years is close to correct.

  3. Is the second floor commercial?

  4. Are those cameras a design element? How many cameras do Apple Bank and Target need?

  5. The zoning is ridiculous. This building should be at least twice as tall. We have the lowest vacancy rate in NYC history and are building modest midrises on a major Manhattan Ave. with a four track subway line running underneath, and the busiest transit hub outside of Tokyo a few blocks north. What a waste. Eighth Ave. south of Penn should be lined with 40-50 floor towers.

    • Peterinthecity | June 23, 2024 at 4:48 pm | Reply

      NYC has a very substantial number of unoccupied units. Not quite like a ghost city in China, but you’re off your meds dude.

      • The last time NYC was overbuilt compared to demand poor artists were able to move into SoHo and get massive studio apartments. What is wrong with that?

    • Every new building should be built 2x larger so we are able to have a larger impact without needing to tear down and build as many new buildings.

    • Agree. It makes zero sense for this building to be so short. I hope the building across the street replacing the Bow Tie theater, Apple Bank (closed to move to Chelsea Canvas) and East of Eighth will be far taller. Chelsea (and all of Manhattan) desperately needs more multifamily units.

      • it’s already the most dense metro area in the US. Just build somewhere else. We do have plenty of land in the US

  6. David : Sent From Heaven. | June 24, 2024 at 7:47 am | Reply

    Whoever parked the bicycle they will meet the building, which may not be as beautiful as the rooftop view: Thanks to Michael Young.

  7. Neither great nor bad. A filler. It’s fine.

  8. Exactly as advertised. Interesting to see the bird-safe glass.

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