While most of YIMBY’s recent supertall coverage has focused on the 57th Street corridor projects like 220 Central Park South (nearly supertall) and 217 West 57th Street (Central Park Tower), there’s also a commercial supertall set to shine over Midtown, and it’s getting closer to beginning its ascent.
That building is One Vanderbilt, located at the corner of East 42nd Street and Vanderbilt Avenue. That’s right across the street from Grand Central Terminal. With demolition of the site’s previous occupants complete, excavation is now underway. This update comes via photos posted to the YIMBY Forums by user robertwalpole.
It’s being developed by SL Green, designed by Kohn Pedersen Fox, and built by Tishman Construction. The latest official information from the construction company says the 58-story tower will rise to 1,401 feet. The developer says the 67-story number often reported is an error. One Vanderbilt will encompass 1.6 million square feet, and the latest building permit says 1,295,140 square feet will be usable commercial space.
That space will be a mix of retail and offices. TD Bank has already signed on to take up 200,000 square feet in the podium. There will also be retail in the top occupiable floors (the actual top floors will be for mechanical equipment).
The very top of the building will be a bright, shining spire – a decidedly modern take on the iconic tops of many of New York City’s other skyscrapers.
At the bottom will be a host of transit improvements, including a 4,000-square-foot space intended to act as an extension of Grand Central Terminal’s waiting area. This will be particularly useful when East Side Access, the project that is bringing the Long Island Rail Road to Grand Central, is finally complete. East Side Access is essentially a third train station for the site (if you count the existing Metro-North Railroad and subway stations as two). The MTA’s latest completion estimate for that is 2022. One Vanderbilt is currently slated for completion two years before that, in 2020.