A new Le Meridien Hotel at 292 Fifth Avenue is expected to reach full completion in October 2020. The 187-key hotel topped out at 21 stories in 2019 and is one of the latest projects developed in collaboration by McSam Hotel Group and Gene Kaufman Architect.
Work has yet to begin on 316 Fifth Avenue, a 539-foot-tall skyscraper from Kohn Pedersen Fox in Koreatown. Developed by Cottonwood Management, permits for the 39-story building were filed in July 2017 and called for 27 condominiums and 6,809 square feet of retail space across the first two floors. The Midtown development, totaling 52,340 square feet of newly created space, will be located at the corner of Fifth Avenue and West 32nd Street.
Permits have been filed for a 26-story mixed-use building at 335 Fifth Avenue in Koreatown, Manhattan. Located on the corner of East 33rd Street and Fifth Avenue, the lot is two blocks from the 33rd Street subway station, serviced by the 6 train. Pi Capital Partners is listed as the owner behind the applications.
A new, mixed-use hotel tower has topped-out just south of Koreatown, in Manhattan, at 292 Fifth Avenue. From developer Sam Chang, the property is his second Midtown hotel currently approaching its completion date.
The blocks of NoMad and its immediate surrounds remain incredibly active in terms of new development, and the wave of construction sweeping Fifth Avenue is about to yield yet another skyscraper. Today, YIMBY has an exclusive first look at what’s in store for 316 Fifth Avenue, in Koreatown, where developer Cottonwood Management is planning a 539-foot-tall tower designed by Kohn Pedersen Fox.