Work at the corner lot for 1241 Broadway in NoMad is seeing a lot of activity in preparation for a 22-story, SOM-designed commercial office building. Excavation on the perimeter of the site is finishing up, while work on the reinforced concrete foundations and core walls is happening simultaneously. This is a rapid change of pace since YIMBY last visited the Midtown location a couple months ago, when it was still quiet. The future 318-foot-tall, 170,000-square-foot tower is being developed by GDS Development and Sweden-based Klovern. Triton Construction is currently in charge of building the structure.
A recent photo from above shows both aspects of construction happening at the same time.
Three excavators on different elevations are working in tandem, while rebar for the sub-level floor slabs can be spotted around the future core walls. The biggest challenge for building the tower is the narrow space for material deliveries and the eventual assembly of the construction crane. Work should most likely reach above street level by this summer or early fall.
The ground floor will include the main lobby and a restaurant. Class-A office space will begin on the second level and rise to the top floor, and will include amenities such as bicycle storage for future office workers. The closest subways include the 33rd Street PATH station; the B, D, F, M, N, Q, R, and W trains at the 34th Street subway station to the north; and the 1 train at the 28th Street station to the south. Penn Station is less than ten minutes away to the west. Madison Square Park is to the south and also the same walking distance.
A completion date for 1241 Broadway has not been announced yet. But sometime by the second half of next year or early 2021 seems likely.