Work has yet to begin on 316 Fifth Avenue, a 539-foot-tall skyscraper from Kohn Pedersen Fox in Koreatown. Developed by Cottonwood Management, permits for the 39-story building were filed in July 2017 and called for 27 condominiums and 6,809 square feet of retail space across the first two floors. The Midtown development, totaling 52,340 square feet of newly created space, will be located at the corner of Fifth Avenue and West 32nd Street.
Tectonic passed by the site, finding it empty and awaiting construction activity and equipment. Scattered bricks and rubble are spread across the cleared-out plot of land.
The podium will house the amenity spaces, with the first set of mechanical levels placed just below the full-floor units that begin on the eighth story. The main rendering shows the northern elevation with a string of what looks like semi-circular balconies and rounded corners on the slender eastern profile that faces Fifth Avenue. Two duplex penthouses will occupy the 33rd through 36th floors, while the uppermost height will feature additional mechanical equipment encased in a white translucent box.
Two historical low-rise buildings had to be demolished and cleared. The future skyscraper will join the skyline with the nearby Empire State Building and a number of other nearby residential properties that are continuing to spring up in the adjacent NoMad district. These include 277 Fifth Avenue by Rafael Vinoly, Madison House at 15 East 30th Street by Handel Architects, 30 East 31st Street by Morris Adjmi Architects, and Rose Hill by CetraRuddy Architecture.
A completion date for 315 Fifth Avenue has yet to be announced.