Two new renderings have been revealed for 511-515 West 18th Street, in West Chelsea, which is being developed by Related Companies. The images show two towers with pod-like bowed glass facades, and brick exteriors, running along Tenth Avenue, and positioned on either side of the High Line between 18th and 19th streets. Thomas Heatherwick will be the design architect.
Eastern Consolidated has secured a $121.35 million debt and equity package for 140 West 28th Street, a 45-story, 526-key hotel set to rise in Chelsea. The deal is comprised of two sources, which are $97.5 million for the mortgage with Bank of the Ozarks, and $23.85 million for mezzanine construction by Square Mile Capital Management.
Permits have been filed for a 20-story mixed-use structure at 540 West 21st Street, in Chelsea, Manhattan. The development should be an exciting addition to the burgeoning neighborhood surrounding the High Line Park.
Permits have been filed for a 19-story hotel to be built at 157 West 24th Street, between Sixth and Seventh Avenue, in Chelsea. The site is less than a block from a Whole Foods grocery store and has easy access to subway stations along 23rd Street, including the F and M trains on Sixth Avenue, the 1 and 2 trains on Seventh Avenue, and on Eighth Avenue, the C and E trains. Jin Sup An’s 157 West 24th Street Lodging LLC will be responsible for development.
A new massing has been revealed for Related Companies’ 511-525 West 18th Street and 500 West 19th Street. The developer made headlines in 2014 with their move to purchase the site for $200 million, setting a record for the West Chelsea neighborhood, and moved forward with City Planning Approvals by the end of 2016.