Permits have been filed for a 12-story mixed-use building at 246 West 18th Street in Chelsea, Manhattan. Located between Seventh and Eighth Avenues, the interior lot is steps from the 18th Street subway station, serviced by the 1 train. Joseph Nabavi of Innovative is listed as the owner behind the applications.
L&L Holding Company and Columbia Property Trust have successfully closed on $1.25 billion in construction financing to complete a commercial overhaul of Terminal Warehouse in Chelsea, Manhattan. Led by COOKFOX Architects, the property will eventually house a mix of Class A office suites, retail space, and dining area.
Square Mile Capital and Pacific Western Bank are set to provide $183 million in construction financing for a 12-story mixed-use property at 258-278 Eighth Avenue in Chelsea, Manhattan. A new Target retail store will occupy 28,000 square feet of the building’s lower levels. Above these floors, the development will house 190 rental apartments and associated amenities.
Kossar’s Bagels & Bialys is opening a second retail location in Manhattan on the ground floor of Ohm, a 34-story mixed-use building at 312 Eleventh Avenue in Hudson Yards.
MAG Partners is teaming up with affordable housing cooperative Penn South to redevelop 335 Eighth Avenue in Chelsea, Manhattan. The new seven-story mixed-use building will include ground-floor commercial space and 200 residential units with affordable housing for low- and middle-income residents. COOKFOX is designing the 200,000-square-foot structure.