Back in October of 2012, YIMBY broke news of plans for a significant hotel and retail tower at 701 Seventh Avenue, in Times Square, and now that excavation is nearly complete, foundation work is imminent on the 39-story, 452-key Marriott Edition, according to the New York Post. Dubbed 20 Times Square, the building will measure just under 270,000 square feet and will include 76,000 square feet of retail space. The retail base will also feature an 18,000 square-foot LED sign. Steven Witkoff, Ian Schrager, Winthrop Realty Trust, and Maefield Development are the developers, while PBDW Architects is designing. Completion is expected in 2017.
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