Foundation work is now underway on the 38-story, 251-unit mixed-use project under development at 515 West 36th Street, to be located on the future corner of Hudson Boulevard in the Hudson Yards District. The site can be seen thanks to pictures taken by NY Construction Photography. The latest building permits indicate the tower will encompass 328,473 square feet and rise 418 feet to the roof, not including bulkhead elements.
The forest of glassy towers in Hudson Yards is about to get a new addition. YIMBY spotted a construction rendering for 515 West 36th Street, a 38-story residential building under construction between 10th and 11th avenues on the far West Side.
During the summer of 2015, renderings were revealed of Lalezarian Properties’ planned 35-story, 220-unit mixed-use tower under construction at 323 Tenth Avenue, between West 28th and 29th streets in West Chelsea. At the time, the ground floor of the tower was being constructed, and the developer’s two other 13-story buildings at 507 West 28th Street – with a combined additional 155 residential units – were close to topping out. Today, the larger structure is 25 stories above street level and the smaller 13-story components are nearly fully clad in glass. The photos are courtesy of Tectonic (h/t Curbed). The entire project will encompass 337,978 square feet, and rental units will average 779 square feet across all three buildings. There will also be a total 16,068 square feet of ground-floor retail space. Avinash K. Malhotra Architects is the design architect and completion is expected later this year.
A year ago, Lalezarian Properties put a pair of four-story buildings on Charlton Street in Hudson Square on the market for $50 million. No one paid that hefty price, and now principal Kevin Lalezarian has decided to develop the site between Hudson and Greenwich Streets himself.
Lalezarian Properties has acquired a warehouse at 606 West 30th Street, in West Chelsea, for $36 million. The site currently has roughly 30,000 square feet of development rights, and is zoned for retail or light manufacturing, but the developer is likely waiting on a rezoning that would allow for residential use. The site is located across from the High Line and Related’s multi-skyscraper Hudson Yards development. [The Real Deal]