Construction of a 419-foot-tall hotel at 140 West 28th Street in Chelsea is passing the halfway mark. Workers are currently pouring the 29th floor and getting ready to create the form work for the 30th floor. The tower is designed by Gene Kaufman Architect and is being developed by Eastern Consolidated. The property successfully secured a $121.35 million debt and equity package last year thanks to the Bank of the Ozarks and Square Mile Capital Management. There will be 526 rooms divided among a Marriott, TownePlace Suites, and Springhill Suites. Each will have its own separate lobby on the ground floor and shared common rooms.
This building will yield 178,000 square feet and come with a 1,500-square-foot public arcade, a fitness center, multiple meeting rooms, and a dining room. The design of the tower consists of a fairly simple grid of windows on the main northern elevation. The eastern and western elevations would be left as blank party walls. Given the projected height, this will easily stand out above the rest of the block and afford views of Lower Manhattan and Midtown.
140 West 28th Street is most likely going to to top out in the second half of 2019 and be finished sometime early next year.