Construction is continuing to rise at 50 Trinity Place, a 28-story Hotel Indigo in the Financial District. The 173-room, 77,310-square-foot structure is designed by Peter Poon Architects and developed by FIT Investment Corporation, which purchased the property in 2012 for $15 million. The site is located at the corner of Trinity Place and Rector Street.
Recent photos show the modest progress that has occurred since our last update in early May, when the first floors were in the process of being formed. Now the reinforced concrete superstructure has surpassed the adjacent building as crews work on the eighth floor.
Construction workers were seen busily assembling the dense array of concrete formwork along the edges of the edifice. The slanted corner columns that will frame the main entrance have become more apparent as the structure rises. The property will feature a ground-floor restaurant and a guests-only fitness center on the second floor.
It will likely be some time until the curtain wall panels arrive and start being installed on the superstructure. Previous renderings have depicted the building enclosed in a mixture of white and dark-colored metal panels with a distinctive staggered window grid. The northeastern corner facing Trinity Church appears to feature a double-height assembly on all the floors above the multi-story podium. It is unclear, however, if this design will make it into the final product.
A completion date for 50 Trinity Place was originally set for December, though sometime in late 2021 or early 2022 now seems probable.