Excavation Progresses at 155-165 West 29th Street in Chelsea, Manhattan
Excavation has begun at 155-165 West 29th Street, the site of a 17-story self-storage facility in Chelsea, Manhattan. Designed by Mancini Duffy and developed by Highland Development Ventures LLC and The Davis Companies, which purchased the land in early 2021 for $62.5 million, the nearly 180,00-square-foot structure will stand 223 feet tall between Sixth and Seventh Avenues. Div West 29th Street LLC is the owner, Cauldwell Wingate is the contractor, and McNamara Salvia is the structural engineer for the project. Construction financing totals $84 million and was provided by Santander Bank, N.A. and United Overseas Bank.