The next URBY-branded development to debut in New Jersey will soon break ground in Downtown Newark. Led by developer L+M Partners, Newark URBY will eventually comprise 250 market-rate residences ranging from studios up to three-bedroom apartments and 4,000 square feet of ground-floor retail.
Almost all of the fenestration for the multi-story addition atop 100 Vandam Street is now complete and revealed from behind scaffolding in Hudson Square. Designed by COOKFOX and developed by Jeff Greene, the residential project involves the construction of 20 floors above a 132-year-old building that once operated as a coal power plant. The 300-foot-tall structure is located at the corner of Greenwich Street and Vandam Street.
Excavation is progressing for Disney’s 1.2 million-square-foot headquarters at 137 Varick Street in Hudson Square. Alternately addressed as Four Hudson Square, the site will give rise to a 22-story, 320-foot-tall superstructure designed by Skidmore, Owings & Merrill and developed in partnership with Silverstein Properties. Disney purchased the full-block parcel from Trinity Church Real Estate for $650 million, and Skanska completed demolition of the four structures on the site during the summer. Lendlease is in charge of constructing the new building.
The Landmarks Preservation Commission (LPC) will soon consider proposals from Bjarke Ingels Group to construct a large rooftop pavilion and terrace at 130 Prince Street in Soho. Located at the corner of Prince and Wooster Streets, the mixed-use commercial property will support a mix of retail and office space.
Façade installation is progressing on the 234-room Margaritaville Resort at 560 Seventh Avenue in Times Square. Designed by Stonehill Taylor and developed by Sharif El-Gamal of Soho Properties along with MHP Real Estate Services, the 375-foot-tall tower is now almost fully enclosed in its glass window wall, with just the upper-most floors remaining. The 29-story structure is located at the corner of Seventh Avenue and West 40th Street, one avenue to the east of the Port Authority Bus Terminal. The project is expected to cost around $300 million.