Mixed-Use


Excavation Progressing for Disney’s Headquarters at Four Hudson Square, in Hudson Square

Excavation is progressing for Disney’s 1.2 million-square-foot headquarters at 137 Varick Street in Hudson Square. Alternately addressed as Four Hudson Square, the site will give rise to a 22-story, 320-foot-tall superstructure designed by Skidmore, Owings & Merrill and developed in partnership with Silverstein Properties. Disney purchased the full-block parcel from Trinity Church Real Estate for $650 million, and Skanska completed demolition of the four structures on the site during the summer. Lendlease is in charge of constructing the new building.

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Exterior Work on Margaritaville Resort Nears Completion at 560 Seventh Avenue in Times Square

Façade installation is progressing on the 234-room Margaritaville Resort at 560 Seventh Avenue in Times Square. Designed by Stonehill Taylor and developed by Sharif El-Gamal of Soho Properties along with MHP Real Estate Services, the 375-foot-tall tower is now almost fully enclosed in its glass window wall, with just the upper-most floors remaining. The 29-story structure is located at the corner of Seventh Avenue and West 40th Street, one avenue to the east of the Port Authority Bus Terminal. The project is expected to cost around $300 million.

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