Demolition is moving along steadily at 1568 Broadway in Times Square, where the 46-story tower has been reduced to around half its former size. The 30-year-old, 470-foot-tall steel superstructure formerly housed the DoubleTree Suites by Hilton and will be replaced by a new hotel dubbed TSX Broadway. Designed by PBDW Architects, Mancini Duffy, and Perkins Eastman, and developed by L&L Holding Company, Maefield Development, and Fortress Investment Group, the new structure will rise 46 stories and span 550,000 square feet.
Recent photos show the state of progress at the site, which is located at the corner of Seventh Avenue and West 47th Street. Demolition has reached the 23rd floor, and its parapet is now below the roof of the Edition hotel across West 47th Street. The cores are being used as debris chutes to safely discard scrap. There are portions of the lower floors that have been partially exposed, revealing large steel trusses, columns, and tall ceiling heights that were once hidden behind LED screens and flashing marquees. New structural trusses are being installed right now and are currently on the fourth floor. We should expect to see a majority of the dismantling substantially complete by the end of the year.
1568 Broadway. Photo by Michael Young
1568 Broadway. Photo by Michael Young
1568 Broadway. Photo by Michael Young
1568 Broadway. Photo by Michael Young
1568 Broadway. Photo by Michael Young
The new TSX Broadway is estimated to cost $2.5 billion. Inside will be 75,000 square feet of retail space spanning the first ten stories, a 4,000-square-foot performance venue with Times Square’s only permanent outdoor stage cantilevering above Seventh Avenue, 30,000 square feet of dining space, and a 669-key hotel above. The podium is set to be wrapped with 51,000 square feet of LED signage with a wraparound corner on the northern edge.
Meanwhile, excavation and foundation work is underway in the cellar levels of both the hotel and Palace Theater as crews prepare to lift the venue from its original footings and raise it 30 feet to make room for ground-floor retail. The 107-year-old landmark, originally designed by Kirchoff & Rose, is part of the remaining 25 percent of the structure that will be preserved.
The commercial spaces will be available and ready for tenants by 2021, while total completion and opening is expected in 2022.
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I did not forget about TSX Broadway, no way. This is by the far the most crazy project in NYC, yet I do think it is kinda cool, though it will cost a fortune.
A 46 story hotel being replaced by a 46 story hotel, all for just 2.5 Billion bucks.
Crucially needed.
Not necessarily you should look for same amount of floors, 46 for 46, but higher floors in podium, modern materials, better lighting, more attractive advertising, a new hotel will be looks more modern light and will serve another 30 years. Times Square doesn’t need supertall behemoth because it’s Already Times Square!!!
And 46 story building will be taller than 470 feet. It’s about 550 feet to pinnacle. 30 year old hotel built in beginning of 1990s means built with cheaper methods of construction, cheap looking interior and exterior, what’s not fit well with most new hotels here. Yes they are glassy and no longer postmodern “decos”, but they are attractive, and glass building is best suited for hotel or office. While residential should be looks more post modern and suited in colored bricks or precast marble or granite or limestone rocks. But this is NYC, and as well the rest of country severely hit with pandemic economical depression, it’s time to revive it and built what’s will attract tourist and visitors, even it’s makes Times Square looks more like Strip in Las Vegas. But in what time Times Square looks like Trafalgar Place???? It is a Times Square, with big billboards for advertising often hundreds feet high and long, a mecca for tourist and shoppers, or simple gawkers who came to relax and watch these crazy looking billbords, not ordinarily seen in his city or town, or even in any other place in NYC and Boroughs, beside Times Square!!!
The original height of this building was pegged at 46 stories. No more, it was reduced to about half that!!
I think it’s a great project. As it was, you barely knew the Palace theatre was even there. You had to search for the entrance. It’s not like they’re tearing down an architectural icon. The building was hidden behind busy signs. At least now it will have a proper, prominent entrance and marquis on the side street. It will also include a better lobby. I can’t wait to see it finished.
This was our favorite hotel in Manhattan, me and my husband every year in Christmas stay 4 and 5 nights. Hope this news hotel have the amenities that Double Tree had. The suites was very convenient for families.