YIMBY went on a tour of TSX Broadway, a 46-story hotel that topped out last week at 1568 Broadway in Times Square. Designed by Perkins Eastman and Mancini Duffy and developed by L&L Holding Company and Fortress Investment Group, the 470-foot-tall tower will yield 550,000 square feet with a 669-key hotel, retail space, restaurants, and a cantilevering outdoor performance stage that overlooks Times Square. The property is also home to the historic Palace Theatre, which will soon be raised by Urban Foundation and Engineering. PBDW Architects is restoring the interior of the theatre, and Pavarini McGovern is the general contractor for 1568 Broadway, which is located at the corner of Seventh Avenue and West 47th Street. The project is expected to cost around $2.5 billion.
Recent photos show the progress since our last construction update in late November, when the superstructure had just passed the halfway mark. Now the tower has reached its pinnacle and is being quickly enclosed in its glass curtain wall.
The first pieces of the black steel-framed structure for the L-shaped LED screen are beginning to be installed above the sidewalk scaffolding on West 47th Street.
The below photographs show the protruding stage and the views from it of the TKTS staircase and the surrounding district.
A large hand on the top of the Palace Theatre points to a ruler indicating the starting and ending point of the lift. The venue was constructed in 1913 and then remodeled in 1988 and will soon enter a new chapter in its 100-plus-year history. The lifting process is expected to be finished by the end of March.
YIMBY also got to go to the upper floors of TSX Broadway and take in the views over Times Square, including the prime vantage points of the New Years Eve ball atop One Times Square. There are also vistas of the Hudson River and up Seventh Avenue toward Central Park, the Central Park Tower, 220 Central Park South, and 111 West 57th Street.
TSX Broadway is anticipated to debut in early 2023.