Located at 292 Fifth Avenue, between West 30th Street and West 31st Street on the edge of NoMad and Koreatown, a new hotel is now rising quickly above ground level. Its architect is Gene Kaufman, designer of the world’s tallest Holiday Inn down at 99 Washington Street in the Financial District, and renderings have also now been posted on-site.
Workers have now started pouring for the fourth floor, and the project will eventually stand 21 stories in all, rising roughly 210 feet above street level. Within, there will be just over 78,000 square feet of space, with 17 residential units sitting atop a 150-key hotel.
Sam Chang is the developer, and bought the lots back in 2017 for around $42 million. Three buildings that once sat on the site have been long demolished. The design shows a simple grid facade of windows and spacing, followed by the setback that features a thin glass curtain wall down the middle of the front elevation.
Looking at the bigger picture reveals that this may be a small project overall, but it still joins the list of upcoming and ongoing projects in and around the blocks of NoMad. Other nearby projects include 277 Fifth Avenue, which has topped out at 663 feet and is nearly fully clad. 15 East 30th Street designed by Handel Architects and developed by JD Carlisle Development Group and Fosun International is also closeby and set to stand 756 feet, while the Virgin Hotel to the west at 1225 Broadway will rise 38 stories and 476 feet.
A completion date for 292 Fifth Avenue has not been announced yet but is safe to say sometime by the end of 2019 to early 2020 is reasonable.