Excavation has begun at the site of 450 Eleventh Avenue to clear the way for a new 531-room hotel from Starwood Hotels & Resorts Worldwide. The 487-foot-tall building will be designed by DSM Design Group and developed by Marx Development Groups. The property is located across from the Jacob K. Javits Center between West 36th Street and West 37th Street.
Construction is now five stories above street level on the 29-story, 399-key Courtyard hotel under development at 461 West 34th Street, located on the corner of Tenth Avenue in Hudson Yards. The latest photo of the structure was posted to the YIMBY Forums. The most recent building applications indicate the project will encompass 218,640 square feet and rise 312 feet to its roof, not including the bulkhead.
YIMBY first brought you news in April of 2014 of the planned 29-story, 399-key hotel at 461 West 34th Street, located on the corner of Tenth Avenue in the Hudson Yards District. Later that month, we revealed an initial rendering of the project, and then brought you updated images of it by the end of 2014. Now, the foundation is complete, as seen in a photo by ILNY via the YIMBY Forums. The new hotel, which will be a Courtyard by Marriott, will encompass 218,640 square feet. Guest amenities will include a fitness center, storage for 18 bikes, a lounge, meeting rooms, and a restaurant in the cellar. The hotel rooms will be located on the second through 29th floors, and retail space will be hosted on the ground floor. Marx Development Group is the developer and DSM Design Group is the architect of record. The developer secured $65 million in financing for the project late last year. Completion is expected in 2017.
Flushing-based Marx Development Group reacquired, for $35 million, the development assemblage at 450 Eleventh Avenue, located on the corner of West 37th Street in the Hudson Yards District, in 2013. Since then, the developer purchased 35,550 square feet of development rights for $7 million, and now new details of the planned hotel have been revealed by The Real Deal. Planned is a 42-story, 440-key Starwood Hotels & Resorts Worldwide hotel. The tower will measure roughly 213,300 square feet and will feature 3,000 square feet of ground-floor retail space. DSM Design Group is designing the project. Groundbreaking is expected later this year, and opening is slated for 2019. Two low-slung commercial buildings – at 448-452 Eleventh Avenue – must first be demolished.
Marx Development Group has acquired 35,550 square feet of transferable development rights for $7 million as they prepare to build a 39-story and 438-key hotel at 450 11th Avenue, in Midtown West. According to Commercial Observer, the building will measure 213,300 square feet, although plans have yet to be filed with the DOB. Multiple single-story commercial buildings must first be demolished, and ground breaking is planned in 2016.