Renovation work is moving along on One Times Square, a 26-story tower at 1475 Broadway in Times Square and one of the most photographed buildings in all of New York City thanks to its position on the southern end of the Crossroads of The World, and due to its use for the annual New Years Eve ball drop. Designed by S9 Architecture and developed by Jamestown with SLCE Architects as the architect of record, the project will bring a $500 million 21st-century facelift to the 395-foot-tall trapezoidal-shaped structure, incorporating an all-new façade, new LED displays, and an outdoor platform. AECOM Tishman is the general contractor for the project, which is bound by West 42nd Street to the south, Seventh Avenue to the west, West 43rd Street to the north, and the pedestrianized section of Broadway.
Construction on TSX Broadway has reached a significant milestone with the completion of the historic Palace Theatre’s lift to its new position 30 feet above street level within the podium of the 47-story Times Square hotel tower. The engineering challenge was overseen by Urban Foundation and Engineering and used a system of 34 hydraulic jacks to hoist the 14-million-pound venue at a speed of about a quarter of an inch per hour over the span of four months. Work will now commence on PBDW Architects‘ restoration of the theater, whose new elevated position will make way for 100,000 square feet of retail space at the base of the structure.
Construction has officially topped out on TSX Broadway, a 46-story mixed-use hotel tower at 1568 Broadway in Times Square. Designed by Perkins Eastman and Mancini Duffy and developed by L&L Holding Company and Fortress Investment Group, the 470-foot-tall structure will yield 550,000 square feet with a 669-key hotel, retail space, restaurants, and an outdoor performance venue that overlooks Times Square. The building will also serve as the new home of the historic Palace Theatre, which is being raised 30 feet to make room for ground-floor retail space. The project is projected to cost $2.5 billion and debut early 2023.
Construction is wrapping up on 150 West 48th Street, a 38-story triple-brand Hilton hotel tower in Times Square. Designed by Gene Kaufman Architect and developed by Sam Chang of McSam Hotel Group, the 418-foot-tall, 320,000-square-foot structure will yield 1,046 hotel rooms across a Hampton Inn, a Home 2 Suites, and a Motto Hotel, Hilton’s newest brand of micro-hotels. McSam Hotel Group purchased the Midtown, Manhattan site from Rockefeller Group in early 2019 at a cost of $140 million and received a $250 million loan before construction broke ground in 2020. Omnibuild is in charge of erecting the tower, which is located by the corner of West 48th Street and Seventh Avenue.
Construction teams at TSX Broadway, a mixed-use hotel tower at 1568 Broadway in Times Square, have begun work on the lifting of the Palace Theatre. The historic venue is being hoisted 30 feet above street level to make way for ground-floor retail space.