Excavation is underway at 530 Sixth Avenue in Chelsea, in preparation for the construction of a 12-story residential building. Located at the corner of Sixth Avenue and West 14th Street, the 63,000-square-foot project is designed by Morris Adjmi Architects and is being developed by Landsea Homes and DNA Development, which purchased the property for $53 million from Extell in the fall of 2018.
Photos looking through the construction fence show the state of activity, where a couple of piling machines and excavators are simultaneously working on the foundations. Based on the pace of work, foundations should likely reach street level around the middle of 2020. The project’s 12-story scope puts it in a typical height range for the neighborhood, though no renderings have been released so far to show how it will contribute architecturally to the fold.
530 Sixth Avenue will contain 6,200 square feet of ground-floor retail space below 50 residential units. Residences on the 12th floor will feature private terraces. The 14th Street subway station is directly in front of the address with access to the the F, M, and L trains and the 1, 2, and 3 trains via the underground passageway to Seventh Avenue.
530 Sixth Avenue is slated to be finished in the winter of 2021, as noted on the construction fence.