Work is now progressing quickly for Times Square’s impending Hard Rock Hotel, situated between Sixth and Seventh Avenue at 159 West 48th Street. The 445-key inn is being designed by Berg + Moss Architects. The 225,000 square foot project is being developed by Extell, in partnership with Hard Rock International. The site was purchased by Extell eight years ago for $26 million, along with the necessary air rights that will allow the structure to rise 442 feet tall. The previously existing parking garage has since been demolished, and now work on the foundation is underway.
Located between Sixth and Seventh Avenue in Times Square, 145 West 47th Street will soon yield a new 343-key hotel. Designed by Berg + Moss Architects, the hospitality project is well under way, and the first floor is now being formed and assembled. The building will stand 27 stories high when complete, and have a total square footage of around 141,500 square feet. The property was sold by Stahl Real Estate almost three years ago for $101.2 million dollars, and TriBeach Holdings is the new developer.
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 Company, Maefield Development, and Fortress Investment Group are the developers who purchased the site for $450 million dollars.
20 Times Square, aka 701 Seventh Avenue, is almost complete. The tower already has one of the largest LED screens in Times Square, spanning a whopping 18,000 square feet. In February, doors will officially open to the 517-foot, 42-story, 452-key Marriott Edition hotel, wrapped in glass panels and topped with the logo on its western and southern facades. Witkoff, Ian Schrager Company, Winthrop Realty Trust, and Maefield Development are the developers, while Platt Byard Dovell White Architects (PBDW Architects) is the project’s architect.
The DoubleTree Suites by Hilton has long been located at the intersection of 7th Avenue and West 47th Street. But in a few more years, the soon-to-be former hotel will house Times Square’s newest project, a nearly $2.5 billion redevelopment by L&L Holding Company, Maefield Development, and Fortress Investment Group. With the site purchased for $450 million, they plan to demolish the existing hotel and create a new 550,000 square foot and 46-story skyscraper, dubbed TSX Broadway. Plans also integrate the 105-year old Palace Theater. Approved by the Landmark Preservation Commission in November 2015, the historic structure will be lifted from its foundations and placed 30 feet above street level.