Last July, Georgetown Company and Bill Ackman closed on the eight-story, 464,000 square-foot commercial building at 787 Eleventh Avenue, between West 54th and 55th streets in Hell’s Kitchen, for roughly $250 million. Now the property’s new owners have filed applications to expand the building by two stories or an additional 19,784 square feet. The roof will be raised by 60 feet (to 160 feet) and the latest filings indicate there will be 400,144 square feet of designated commercial space. The ground floor will contain retail space and automobile dealerships, floors two through five will contain automobile shops and services, and floors six through 10 will be office space. Per Curbed, Ackman’s Pershing Square Capital Management will be occupying the office space. Rafael Viñoly Architects is designing the project.
In December, YIMBY brought you a construction update on the 10-story, 65-unit mixed-use building, dubbed FRANK 57WEST, under construction at 600 West 58th Street, in Hell’s Kitchen at the corner of Eleventh Avenue. At the time, the structure was three stories in height, but now the building has officially topped out. It’s the first ground-up project to bring medical space to the Far West Side. The first four floors, which the Wexler Healthcare Properties Team at The Corcoran Group is leasing, will contain 87,717 square feet of medical space. The ground floor will also feature 6,407 square feet of commercial-retail space, and the top six floors will contain the rental apartments. The Durst Organization is developing the project and Studio V Architecture is designing it. Occupancy is expected in the second half of 2016.
For decades (with a brief break), Manhattan had a diner, complete with outdoor seating and a tiny parking lot, near the edge of Midtown West/Hell’s Kitchen. Last year, we learned that the Market Diner at 572 Eleventh Avenue (at the corner of West 43rd Street) would be replaced by an apartment tower. Now, a photo from our friend Tectonic shows that demolition has begun.
In the summer of 2015, detail emerged of the planned 34-story, 80-unit condominium building planned at 611 West 56th Street (a.k.a. 823 Eleventh Avenue), in Hell’s Kitchen. Portuguese architect Álvaro Siza is designing the tower, and Wallpaper has the first glimpse of what it will look like. The building will measure over 172,000 square feet and stand 420 feet above street level. Its residential units will come in a variety of configurations, from one-bedrooms to penthouses, and amenities include a landscaped roof garden, a sun deck, swimming pool, spa and fitness center, and entertainment space, among other facilities. Sumaida + Khurana and LENY are the developers, Gabellini Sheppard is designing the interiors, and SLCE Architects is serving as the architect of record. Construction starts this summer, with completion anticipated in 2019. A six-story commercial building must first be demolished.
Back in November, XIN Development, the U.S. branch of Beijing-based Xinyuan Real Estate, entered into contract to purchase the development site at 615 Tenth Avenue, between West 44th and 45th Streets in Hell’s Kitchen. Now, the developer has closed on the site for $57.5 million, and a mixed-use building with up to 90 condominium units is planned, according to The Real Deal. It will include mostly one- and two-bedroom residential units, as well as 20,000 square feet of retail space. The property is currently home to a Hess Express gas station, which must first be removed.