Construction has topped out on the two-story addition on the Textile Building, a 16-story commercial building at 295 Fifth Avenue in Midtown South, Manhattan. Designed by Studios Architecture and developed by Tribeca Investment Group, PGIM Real Estate, and Meadow Partners, the $350 million project involves the expansion and gut renovation of the 100-year-old structure, which is located between East 30th and East 31st Streets, a short walk to the Empire State Building. CBRE is handling marketing of the 700,000 square feet of updated office space.
Renderings below depict the modernized interior and exterior spaces. The ground level will feature new floor-to-ceiling high-vision glass coupled with a metal panel system with a custom finish to complement the brick façade. In the eastern rear of 295 Fifth Avenue is an outdoor courtyard, one of the main highlights in the building’s amenities along with 44,000-square-foot flexible floor plates, 12- to 18-foot ceiling heights, an updated lobby designed by Studio MAI, a cafe, and a library.
Right now the courtyard is acting as a temporary space housing the exterior mechanical hoists.
Arched windows on the second floor are being restored.
The two-story, 34,000-square-foot office penthouse is set back from street view and features a series of wide arches on the western elevation that frame the views of the skyline. Renderings are courtesy of Tribeca Investment Group and Studio Architecture.
Metal-framed outlines denote the shape of the span and elegantly stretch between the fireproofed steel columns and beams. The setbacks and roof parapet of the Textile Building will act as a series of stepped landscaped terraces, while the roof of the new 21st century add-on will be lined with glass railings and also be populated with shrubbery.
A two-story atrium makes the archways even more grand and prominent.
A model of the addition in the gallery on the upper floors of the edifice shows the new space.
Other infrastructure upgrades include elevators, new window systems, and air conditioning and heating systems. Some decorative elements, like the following emblem from the elevator doors, are being preserved.
295 Fifth Avenue’s transformation is slated to be finished next summer, as noted on the construction board. The developers expect the building to be ready for tenant construction in the first quarter of 2022 and open for occupancy in the third quarter.