Foundation work is progressing at 32 West 48th Street, the site of a 31-story hotel tower in Midtown, Manhattan’s Diamond District. Designed by SLCE Architects and developed by Extell, the 456-foot-tall structure will span 213,158 square feet with 534 hotel rooms. AECOM Tishman is the general contractor for the project, which is located between Fifth and Sixth Avenues, directly south of Rockefeller Center.
At number three on our December countdown of the tallest buildings underway in New York is 570 Fifth Avenue, a potential 1,101-foot supertall in Midtown, Manhattan. Developed by Extell, the skyscraper could rise 78 stories and span 1.4 million square feet with hotel and condominium components. Alternately, the plot could give rise to an 860-foot-tall, 47-story office tower yielding more than 1.5 million square feet. ALBA Services is the general contractor for the property, which is located at the northwest corner of Fifth Avenue and West 46th Street.
Leading off the top five in our year-end countdown of the tallest construction projects underway in New York is 740 Eighth Avenue, a planned 1,067-foot hotel and observation tower in Midtown, Manhattan. Designed by ODA with SLCE Architects as the architect of record and developed by Extell, the 52-story supertall will span 776,000 square feet with 825 hotel rooms on the lower half and a public observatory with a drop ride attraction on the upper levels. The project will also feature retail space, two upper restaurant floors, and a pool deck. Lendlease is the general contractor, WSP is the structural engineer, and Ancora Engineering is handling the excavation and foundations for the property, which is located between West 45th and 46th Streets on the border of Times Square and Hell’s Kitchen.
The 13th-tallest building on our year-end construction countdown is 50 West 66th Street, a 69-story residential skyscraper on Manhattan’s Upper West Side. Designed by Snøhetta with SLCE as the executive architect, and developed by Extell and Tennor Holding B.V., the 775-foot-tall structure will yield 127 condominium units and secure the distinction of the tallest building in Manhattan north of 59th Street. Lendlease is the general contractor for the property, which is located between West 66th Street to the north, West 65th Street to the south, Central Park West to the east, and the intersection of Broadway and Columbus Avenue to the west.
Extell Development Company has closed on $425 million construction loan to complete a mixed-use high-rise at 1520 First Avenue on Manhattan’s Upper East Side. The 30-story building will include a mix of medical and commercial office space with frontage along East 80th and East 81st Streets.