Construction is nearing the halfway mark on TSX Broadway, a 46-story hotel at 1568 Broadway in the heart of Times Square. Designed by PBDW Architects, Mancini Duffy, and Perkins Eastman and developed by L&L Holding Company, Maefield Development, and Fortress Investment Group, the 470-foot-tall structure will yield 550,000 square feet at the corner of Seventh Avenue and West 47th Street. The project involved the nearly full demolition of the former DoubleTree Suites by Hilton and the full restoration and 30-foot lifting of Kirchoff & Rose’s 1,700-seat, 108-year-old Palace Theater. Pavarini McGovern is in charge of construction for the property, which will feature ten floors of retail space and is slated to cost around $2.5 billion with a capacity to serve 15 million annual visitors.
Construction is nearing completion on 113 West 24th Street, a 39-story Marriott hotel located in the Midtown, Manhattan district of Chelsea. Designed by Stonehill & Taylor Architects and developed by Lam Generation, the 420-foot-tall reinforced concrete tower was last reported to yield 360 guest rooms, each averaging around 380 square feet apiece. Flintlock Construction Services, LLC is the general contractor for the project, which is located between Sixth and Seventh Avenues.
Work is nearing completion on Zero Irving, a 21-story mixed-use building at 124 East 14th Street in Union Square. Designed by Davis Brody Bond and developed by RAL Development, as well as financial partners Junius Real Estate Partners and general contractor Suffolk Construction, the 176,000-square-foot edifice will house both affordable and market-rate office space for technology firms with a range of indoor and outdoor amenities. Zero Irving is located along East 14th Street between Broadway to the west and Third Avenue to the east. Leasing is now underway with JLL as the exclusive marketing agent for the property, which is a very short walk to Union Square and the 4, 5, 6, L, N, Q, R, and W trains.
Excavation has finally begun at 262 Fifth Avenue, the site of a long-planned 1,011-foot-tall residential supertall skyscraper in NoMad. Designed by Russian-based firm Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project, LLC, the 60-story tower will yield 139,168 square feet of residential space divided into 41 units and 10,850 square feet of retail space on the first two floors. CM & Associates Construction Management, LLC is the general contractor for the project, which is located at the corner of Fifth Avenue and West 29th Street.
Construction is nearing topping out on Two Manhattan West, a 58-story commercial skyscraper in Midtown West. Designed by Skidmore Owings & Merrill and developed by Brookfield, the 935-foot-tall tower will yield two million square feet of office space directly to the south of its 996-foot-high fraternal twin, One Manhattan West. AECOM Tishman is the general contractor for the project, which is located at the corner of West 31st Street and Ninth Avenue. Brookfield is aiming for LEED Gold certification.