BIG




The XI Prepares to Resume Construction at 76 Eleventh Avenue in Chelsea, Manhattan

Construction is set to resume on The XI, with a revised completion date of “Winter 2024” posted for the stalled two-tower mixed-use project at 76 Eleventh Avenue in Chelsea. Designed by Bjarke Ingels Group and developed by 76 Eleventh Avenue Property Owner LLC, the twisting 26- and 36-story structures have stood topped out and unfinished since late 2019, when reports of trouble began to surface about the former developer, HFZ Capital Group. In late 2021, Steve Witkoff purchased the property in a foreclosure sale for $900 million and partnered with Access Industries and Monroe Capital, and it now appears that the project is back on track, with an updated board at the property listing Suffolk Construction Corporation as the new general contractor, replacing Omnibuild. The full-block site is located adjacent to the High Line and is bound by Tenth Avenue to the east, West Street to the west, West 17th Street to the south, and West 18th Street to the north.

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Updated Renderings Showcase River Ring, BIG’s Two-Skyscraper Development in Williamsburg, Brooklyn

New renderings have been released for River Ring, Bjarke Ingels Group‘s proposed two-skyscraper development in Williamsburg, Brooklyn. Developed by Two Trees Management, the organization behind Domino Park, the undertaking is planned to yield 1,050 homes with 263 affordable housing units as well as a six-acre circular waterfront park designed by James Corner Field Operations. The towers would rise from two vacant rectangular parcels that were once home to a Con Edison electric plant bound by North First Street, North Third Street, and River Street. River Ring is expected to generate about 2,000 construction jobs and more than 500 well-paying permanent jobs upon completion.

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