Chelsea

517 West 29th Street

Redevelopment Of Six-Story Warehouse At 517 West 29th Street Planned, Chelsea

Six Sigma is in contract to purchase the six-story commercial building at 517-523 West 29th Street, in West Chelsea, for $54 million, and plans to redevelop the property. The existing building is being used as a self-storage facility and measures 55,000 square feet, although the site carries 19,000 square feet of unused development rights. The exact details on the redevelopment have not been disclosed, per The Real Deal.

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550 West 20th Street

Reveal For Conversion Of Eight-Story Correctional Facility At 550 West 20th Street, West Chelsea

Back in February of 2014, a number of developers toured the former Bayview Correctional Facility, an eight-story, 100,000 square-foot complex, at 550 West 20th Street, in West Chelsea, after the city issued a request for proposals just months earlier. Now, Empire State Development has awarded NoVo Foundation a 99-year lease to redevelop the property, according to Commercial Observer. NoVo Foundations and the Goren Group plan to transform the building into the Women’s Building, which will house a women’s rights organization. The project will include community space, art installations, and a restaurant.

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550 West 29th Street

Permits Approved for 550 West 29th Street, West Chelsea Mixed-Use Project

Earlier this year, developer and architect Cary Tamarkin filed applications for a 12-story, 32-unit mixed-use building at 550 West 29th Street, in West Chelsea. Now, a tipster has informed YIMBY that the project is making significant strides, and building permits have been granted. Highline Development Group is the property owner, and CORE will eventually be handling sales. According to filings with the DOB, the building will measure 55,368 square feet, and will include a 5,065 square-foot retail component on the ground floor. Above, residences will average 1,572 square feet apiece. Demolition of the site’s former occupant was completed over the summer.

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520 West 28th Street

New Renderings, Update For 11-Story Condo Project At 520 West 28th Street, West Chelsea

Over the summer, Related Companies’ 11-story, 39-unit mixed-use building at 520 West 28th Street, in West Chelsea, was just starting to climb above street level, and now Curbed has a slew of new exterior and interior renderings via the project’s teaser site. The building will be topped by a 6,391 square-foot triplex penthouse, and 11,180 square feet of retail space is planned on the ground floor. Zaha Hadid is designing the project, Hayes Davidson crafted the renderings, and completion is expected in late 2016.

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