Demolition of the former DoubleTree Suites by Hilton has kicked off at 1568 Broadway to make way for a new 46-story mixed-use tower. The new structure will debut as TSX Broadway and is developed in collaboration by L&L Holding Company, Maefield Development, and Fortress Investment Group.
YIMBY checked in on 159 West 48th Street in Times Square, the site of the first Hard Rock Hotel in New York City, where work appears to have stopped. Thick planks of wood can be spotted covering the exposed steel rebar protruding from the completed reinforced concrete foundations. The project is designed by Berg + Moss Architects and is being developed by Extell and Hard Rock International.
The reinforced concrete slabs and columns of the Riu Hotel continue to rise at 145 West 47th Street near Times Square. Berg + Moss Architects is the designer and Tribeach Holdings is the developer of the 343-room hotel, which will eventually reach 27 stories and encompass 141,500 square feet of newly built space.
The Margaritaville Resort is ascending swiftly at 560 Seventh Avenue in Times Square. Construction has passed the primary setback and workers are forming the floor plates for the main massing that will contain the hotel’s 234 rooms. Portions of the metal-trimmed glass façade have also begun to be installed on the tower, which will rise 29 stories. The project is designed by Stonehill & Taylor Architects and developed by Sharif El-Gamal of Soho Properties along with MHP Real Estate Services.
Preparation for the demolition of 1568 Broadway is continuing to gear up as scaffolding and construction netting now shroud almost the entire 46-story Times Square tower. The 29-year old structure served as a DoubleTree hotel and will be replaced by a new hotel, with tenants yet to be announced. The proposed 550,000-square-foot development is called TSX Broadway and will preserve and lift the 106-year-old Palace Theatre three stories above the ground floor to make way for new retail space. The $2.5 billion project is being developed by L&L Holding Company, Maefield Development, and Fortress Investment Group.