Exterior work is continuing to shape up on 2401 Third Avenue, a three-tower complex designed by Hill West Architects in Brookfield Properties‘ Bankside master plan in Mott Haven, The Bronx. The 4.3-acre development is a combination of two sites along the northern side of the Harlem River. 2401 Third Avenue is located on the western side of the Third Avenue Bridge, and 101 Lincoln Avenue is the larger counterpart found on the opposite side. Bankside will provide seven residential buildings, 15,000 square feet of retail space, a community facility run by a local nonprofit yet to be named, and 34,000 square feet of public waterfront space. Brookfield purchased the two parcels for $165 million in September 2018 from Somerset Partners and The Chetrit Group. Ground was first broken on 2401 Third Avenue in the fall of 2019, and construction on Bankside is expected to cost $950 million and yield 1,370 units.
Façade installation is nearing completion on 28 & 7, a 12-story office building at 322-326 Seventh Avenue in Chelsea. Designed by Skidmore, Owings & Merrill and developed by Klövern AB and GDSNY, the property is located at the corner of Seventh Avenue and West 28th Street and will yield 105,000 square feet of commercial space leased by CBRE. Triton Construction is the general contractor for the project.
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 rectilinear tower will yield 300,000 square feet and 460 hotel rooms managed by Sir Richard Branson of Virgin Group. The property sits on an angled trapezoidal plot bound by Broadway, West 29th Street, and West 30th Street. This will be the first Virgin Hotel establishment in New York City.
OMA released a new preliminary rendering of 41-47 West 57th Street, which YIMBY reported on last week when it was heard that the planned mixed-use 1,100-foot-high supertall would rise along Billionaires’ Row over West 57th Street over the next several years. Crain’s reported that Sedesco will also offer to bring in a pair of new ADA-accessible elevators to the nearby 57th Street station on Sixth Avenue in exchange for an additional 52,000 square feet of space for the potential 443,100-square-foot Midtown, Manhattan project. About 237,100 square feet will be devoted toward residential usage with 119 units, while nearly 205,100 square feet of commercial space will make room for a 158-room hotel and a 10,212-square-foot restaurant. 41-47 West 57th Street is located between Fifth and Sixth Avenues and will include ground-floor frontage on both West 57th and 58th Streets.
Façade installation is nearing completion on 1245 Broadway, a 23-story office building in NoMad. Designed by Skidmore Owings & Merrill and developed by GDSNY and Sweden-based Klövern AB, the 318-foot-tall building will yield 200,000 square feet of commercial space with leasing managed by CBRE. StructureTech NY and Triton Construction are in charge of constructing the Midtown, Manhattan project, which stands at the corner of West 31st Street and Broadway.