Construction is nearing completion on the Le Meridien Hotel, a 21-story mixed-use tower at 292 Fifth Avenue in NoMad. The 187-key hotel rises 21 stories tall on a plot between West 30th and West 31st Streets, and is designed by Gene Kaufman Architect and developed by McSam Hotel Group, which purchased the site for approximately $42.4 million in March 2017.
Exterior work is nearing completion on the 476-foot-tall Virgin Hotel at 1225 Broadway in NoMad. Designed by Stantec and developed by Lam Group, the 38-story tower will yield 300,000 square feet and 460 hotel rooms managed by Sir Richard Branson of Virgin Group. The property is located between West 29th Street and West 30th Street and will be the first Virgin Hotel establishment in New York City.
For nearly the past year since YIMBY first revealed renderings of SLCE Architects’ 115 East 55th Street, construction progress remained below street level and tucked behind construction fences and machinery for a while. Now a revisit to the Midtown East site shows that the 185-foot-tall residential project has quickly sprung up and is getting close to topping out. Developed by Zeckendorf Development, the ground-up 18-story, 62-unit, 71,961-square-foot edifice is situated directly adjacent to the back eastern elevation of Norman Foster’s 47-story, 660,000-square-foot 425 Park Avenue.
Exterior work is now nearly complete on 30 East 31st Street, a 39-story, 479-foot-tall residential building in NoMad. Designed by Morris Adjmi Architects and developed by Ekstein Development and Pinnacle Real Estate, the slender reinforced concrete tower will yield a total of 70,000 square feet and 42 units marketed by Reuveni Real Estate. Each of the homes will average 1,700 square feet and range in price from $1.65 million to upward of $12 million.
Façade work is shaping up on 1245 Broadway, a 23-story office building in NoMad. Designed by Skidmore Owings and Merrill and developed by GDSNY and Sweden-based Klovern, the 318-foot-tall building will yield 200,000 square feet of commercial space with with leasing managed by CBRE. StructureTech NY and Triton Construction are in charge of constructing the project, which stands at the corner of West 31st Street and Broadway.