After Chetrit Group landed a $60 million acquisition and pre-development loan for their development site spanning 541-545 West 37th Street, in Midtown West, the developer is planning to move forward with their plans, which YIMBY reported on nearly a year ago. The site boasts 373,000 square feet of building potential, and conceptualized as a 50-story mixed-use tower featuring 100 residential units and 350 hotel rooms. Two three-story buildings must first be demolished.
Related’s redevelopment of the formerly open-air West Side railyards is now becoming very apparent on the skyline, thanks to the rapidly rising 10 Hudson Yards. The Kohn Pedersen Fox-designed tower is closing in on its pinnacle, and the latest photo sent in by reader Mike McLaughlin shows its newly prominent position on the horizon.
According to The New York Times, UK-based Thomas Heatherwick’s Hudson Yards centerpiece is now under construction. A source who has seen the design described it as resembling the shape of a chalice, rising higher than the 100-foot-tall Culture Shed, which YIMBY unveiled in 2013. The sculpture does not require public review, and Related Companies and Oxford Properties are developing.
Construction is proceeding swiftly across the entirety of the Eastern Yards (within Related’s greater Hudson Yards plan), and last week YIMBY posted photos of excavation making major headway at 15 Hudson Yards. Now we have new renderings for 35 Hudson Yards, which will also be mixed-use, holding condominiums and a hotel.
Most of the progress so far at Hudson Yards has been on the eastern edge of the site, with 30 Hudson Yards the only tower that’s currently above ground level. But with the decking-over of the Eastern Yards now wrapped-up, YIMBY reader ILNY took the following photos showing that work is finally about to begin on 15 Hudson Yards.