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Architecture firm Skidmore Owings and Merrill is partnering with developers RXR Realty and TF Cornerstone to build a 1,646-feet-tall skyscraper in Midtown. The 83-story building, called 175 Park Avenue, will replace the old Grand Hyatt Hotel by Grand Central Terminal.
The glass and steel mixed-use tower will include office and retail spaces along with a 500-room hotel. The project will not only include new public space, but it will also add significant infrastructure upgrades to Grand Central Terminal and the Grand Central-42nd Street subway station. The ground level of the 2.2 million-square-foot tower will hold a new public train hall. The project’s team, in collaboration with the MTA, will ease congestion of the busy area by building new entrances and expanding circulation.
“A challenge is definitely presented by the buildings and by all of the transportation infrastructure,” said RXR Realty Senior Vice President Jeffrey Nelson. “It’s an exceptionally complex undertaking, but one that is a once in a lifetime opportunity: to fix a lot of the challenges with the subway and the connections to Grand Central.”
Architecture firm Skidmore Owings and Merrill is partnering with developers RXR Realty and TF Cornerstone to build a 1,646-feet-tall skyscraper in Midtown. The 83-story building, called 175 Park Avenue, will replace the old Grand Hyatt Hotel by Grand Central Terminal.
The glass and steel mixed-use tower will include office and retail spaces along with a 500-room hotel. The project will not only include new public space, but it will also add significant infrastructure upgrades to Grand Central Terminal and the Grand Central-42nd Street subway station. The ground level of the 2.2 million-square-foot tower will hold a new public train hall. The project’s team, in collaboration with the MTA, will ease congestion of the busy area by building new entrances and expanding circulation.
“A challenge is definitely presented by the buildings and by all of the transportation infrastructure,” said RXR Realty Senior Vice President Jeffrey Nelson. “It’s an exceptionally complex undertaking, but one that is a once in a lifetime opportunity: to fix a lot of the challenges with the subway and the connections to Grand Central.”
Given all the empty offices, do we really need MORE office space currently?
Given that the developers will have to convince investors and banks to fund this project, they likely have a good argument that the project will be successful, or its not going anywhere.
Quote:
Originally Posted by Trisky
Given all the empty offices, do we really need MORE office space currently?
Given all the empty offices, do we really need MORE office space currently?
This seems wrong-headed.
It was planned when things were quite different.
To go ahead with the project now seems wrong-headed, I agree. Maybe the different partners couldn't back down from their contactual obligations?
The Commodore is turning in his grave at the thought of that thing to be built.
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