With verticality possibly imminent at 45 Park Place, on the edge of the Financial District and Tribeca, Sharif El-Gamal of Soho Properties has now filed applications for a neighboring community facility, at 51 Park Place. Scott Newman of Cooper Robertson is listed as the architect, and the plans seem to be an updated version of the site’s former mosque, which was demolished back in 2011 to make way for the new residential tower.
One block west of Downtown’s tallest residential building at 30 Park Place, another condominium tower is finally getting ready to rise. YIMBY reported on 45 Park Place’s initial building applications back in May of 2014, but it has taken three years to navigate both planning and financing. Now, foundation work is making headway, signaling the skyscraper should begin its ascent within the next few months.
New renderings have been revealed of the 43-story, 50-unit mixed-use tower under development at 45 Park Place, in TriBeCa. Depictions of the future tower can be seen at Curbed NY. Excavation work was underway at the site in December, according to photos posted to the YIMBY Forums. A tower crane was also assembled on-site last year.
Earlier this year, YIMBY reported on applications for a 29-story commercial building at 560 Seventh Avenue, between West 40th and 41st Streets near Times Square, and over the summer, the developer finished assembling the air rights. The Real Deal has the first glimpse of the planned Dream Hotel, which will include 167 units, per the latest filings. Retail space will total 15,463 square feet in the 118,508 square-foot building. Stonehill & Taylor Architects is designing and UAP North America is crafting a metal screen attachment for part of the three-story podium. Soho Properties, MHP Real Estate Services, and Hampshire Hotels Group are developing, and completion is expected in early 2018.
In the first half of 2014, YIMBY reported on building applications for a nearly 600-foot-tall luxury residential tower at 45 Park Place, in Tribeca, and later that year, we revealed preliminary renderings of the project. Now, Bloomberg Business has the latest news on the tower, as well as an update on the design. The building will have 43 actual stories and will top out 667 feet above street level, up from the 39-story and 597-foot figures reported earlier. The latest filings call for 50 condominiums, and at least 15 will reportedly be full-floor units measuring 3,200 to 3,700 square feet. The 134,304 square-foot building will also incorporate 1,089 square feet of ground-floor retail.