Maefield Development

Demolition Steadily Progressing at 1568 Broadway, Future Home of TSX Broadway, in Times Square

Demolition work is moving along on 1568 Broadway, a 30-year-old, 470-foot-tall tower in Times Square that formerly housed the DoubleTree Suites by Hilton. Nearly 75 percent of the building will be razed to create a new 46-story mixed-use property dubbed TSX Broadway. Designed by PBDW Architects, Mancini Duffy, and Perkins Eastman, and developed by L&L Holding CompanyMaefield Development, and Fortress Investment Group, the site sits in the heart of Times Square at the corner of Seventh Avenue and West 47th Street.

Read More


Black Construction Netting Shrouds 1568 Broadway for Imminent Demolition in Times Square

Preparation for the demolition of 1568 Broadway is continuing to gear up as scaffolding and construction netting now shroud almost the entire 46-story Times Square tower. The 29-year old structure served as a DoubleTree hotel and will be replaced by a new hotel, with tenants yet to be announced. The proposed 550,000-square-foot development is called TSX Broadway and will preserve and lift the 106-year-old Palace Theatre three stories above the ground floor to make way for new retail space. The $2.5 billion project is being developed by L&L Holding CompanyMaefield Development, and Fortress Investment Group.

Read More

1568 Broadway, Rendering courtesy of ARX Solutions

1568 Broadway Begins Billboard Removal Ahead of Structural Demolition, in Times Square

Black shrouds and scaffolding have gone up over 1568 Broadway’s lower floors as crews begin the process of removing its Times Square-facing billboards and marquees. Meanwhile, workers are beginning to gut the interiors of the 470-foot-tall tower ahead of its imminent demolition. Built in 1990, the current DoubleTree hotel will eventually make way for a new 46-story DoubleTree Suites by Hilton. The proposed 550,000-square-foot development, which will be called TSX Broadway, will preserve of the 106-year-old Palace Theatre by raising it three stories up from the ground floor, making way for retail space. The $2.5 billion project is being developed by L&L Holding CompanyMaefield Development, and Fortress Investment Group. The site was previously purchased for $450 million.

Read More

TSX Hotel at 1568 Broadway Prepares For 2019 Demolition in Times Square

While the flashing marquee lights and LED billboards of 1568 Broadway continue to brighten the crossroads of the world, the light bulbs and digital screens will one day turn off as the building prepares for demolition. Plans for the DoubleTree Suites by Hilton call for an entirely new 46-story, 550,000 square foot building dubbed TSX Broadway. The 106-year old Palace Theatre will be the only part of the original site to be preserved, structurally elevated, and integrated into the $2.5 billion dollar redevelopment. L&L Holding CompanyMaefield Development, and Fortress Investment Group are the developers who purchased the site for $450 million dollars.

Read More

Fetching more...