Developer Flaneur Hospitality recently revealed renderings and a new name for 250 Fifth Avenue. Now known as “The Fifth Avenue Hotel,” the NoMad project is being designed by Perkins Eastman, PBDW Architects, and Martin Brudnizki Design Studio and involves the restoration of a 115-year-old former bank designed by McKim, Mead & White, and the construction of an adjacent 230-foot-tall, 24-story ground-up building.
Façade work is continuing on the forthcoming Canopy by Hilton hotel at 159 Morgan Street in Downtown Jersey City. The ground-up, reinforced concrete structure is topped out at ten stories and will yield a total of 211 rooms. The project includes a rooftop bar and 6,500 square feet of ground-floor retail space, with the main lobby located on the second floor and connected to street level by an elevator. KABR Group is the developer of the property, which will be the first Canopy by Hilton location in New Jersey. Katerra is in charge of construction of the mixed-use building.
Developers are now pursuing a 6.6-million-square-foot expansion of Industry City that would introduce a vibrant mix of office space, retail, hospitality, manufacturing, academic, and community-oriented facilities. The expansion is described as an Innovation Economy District that will facilitate the creation of new employment opportunities and the commercialization of underutilized zoning lots.
Foundation work is progressing rapidly at 50 Trinity Place, as steel rebar and formwork for the sub-story levels are now reaching street level. Excavation and pilings were still ongoing at the time of YIMBY’s late-July update and now work will soon commence for the superstructure of the ground-up Aloft Hotel. Located in the Financial District at the corner of Trinity Place and Rector Street, diagonally across from Trinity Church, the hotel is designed by Peter Poon Architects. FIT Investment Corporation is the developer of the project, and purchased the Lower Manhattan site for $15 million from Sam Chang in 2012.
Developers have revealed new renderings of a rising mixed-use building at 23-20 Jackson Avenue in Long Island City, Queens. The development is designed by KSQ Architects and will top out at nine stories, comprising 85,851 square feet.