Exterior work is shaping up at 120 Water Street, a 28-story Hotel Indigo in the Financial District. Designed by Gene Kaufman Architects and developed by Atlas Hospitality, the 52,000-square-foot structure will yield 28 rooms managed by Fortuna Realty Group.
Recent photos show the upper portion of the tower clad in its final curtain wall paneling, which unlike the depiction in the featured rendering, is gray in color. This suggests that the remainder of the structure could follow suit, meaning the finished product would lack both the indigo coloring and the yellow accents featured on cantilevering balcony at the top and the cross bracing on the lower portion.
Amenities for hotel guests are set to include a cellar-level fitness center, a ground-floor restaurant, and a 25th-floor venue space, where the protruding balcony is located. The nearest subways are the 2 and 3 trains at the Wall Street station, which can be accessed via the nearby interior public space at 60 Wall Street. The J and Z trains are also a short walk to the west by the New York Stock Exchange at the intersection of Broad Street and Wall Street.
A formal completion date hasn’t been announced for 120 Water Street, but work is estimated to finish sometime next year.