Commercial


515 West 52nd Street

Two Performance Theaters Being Built On Ground Floor Of 515 West 52nd Street, Hell’s Kitchen

MCC Theater has broken ground on a long-planned venue inside the 27-story, 627-unit Avalon Clinton at 515 West 52nd Street, in Hell’s Kitchen. Crain’s reports the performance facility will measure 27,000 square feet across the ground floor and a mezzanine level. The space inside the building was initially intended for a nonprofit’s use when it was built in 2004, but has remained vacant since then. In 2011, plans to build a performance facility kicked off, and the theater organization along with the city’s Department of Cultural Affairs raised $29.9 million for the project. When construction wraps up in 2018, there will be 249-seat theater and a 99-seat theater. Andrew Berman Architect is designing the theaters, which will include associated workshop, meeting, and rehearsal spaces, as well as a grand lobby and connections to the existing outdoor courtyard space. AvalonBay currently owns the property.


Triangle Park

Deal Reached For Triangle Park Multi-Building Mixed-Use Development, Newark

Early last year, the Newark City Council approved plans to build a 2.5-acre park in the city’s downtown. It would connect Prudential Center to the Ironbound’s Peter Francisco Park by bridging over Newark Penn Station, but it would also serve as the centerpiece of a multi-building mixed-use development of the surrounding vacant blocks. Last week, the city of Newark struck a deal with Edison Properties and J&L Parking Corporation to development the buildings, Newark Patch reports. Details on the new buildings are sparse, but there will be a significant number of residential units, retail space, and possible office space. Construction is expected to commence later this year and completion is tentatively set for July of 2018. The Newark Community Economic Development Corporation will head the construction of the park, being designed by MKW + Associates.




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