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.
The site was formerly home to an old parking garage that was demolished some time ago. Recent photos from above and around the development show the scope of the current progress. There is a tall construction crane fully operating on location, and a number of workers, who are putting together the large walls and columns at ground level. Rebar and cast-in-place concrete are seen throughout the whole property, and should grow higher in no time.
Looking at the rendering shown in the poster on the green construction fence, the development appears to have a wide front entrance with a canopy. Spanning floors two to four are blank panels designed to hide the parking garage levels. Depicted with the ribbon window in the rendering, the fifth floor will house a restaurant facing West 47th Street. This will sit underneath the building’s main setback. The hotel portion will start on the sixth floor, which contains the first three rooms. Floors seven through twenty-six will have about 17 rooms each, and are shown to be enclosed in a uniform facade of glass windows all the way to the roof parapet.
According to the poster on site, completion of the building will be in winter 2020.