Construction on the new building is expected to cost $3 billion. It will include 500 rooms for the luxury Grand Hyatt New York and state-of-the-art office space. Major transit upgrades could also come with the development, enhancing the pedestrian experience near Grand Central and offering better circulation and connectivity to the currently congested subway beneath it. A new entrance has also been discussed. No architect has been chosen for the design project yet, though the development team aims to announce one soon. When complete, the new structure will join a handful of other commercial office towers in the area that have popped up since the 2017 rezoning in Midtown East. Progress on One Vanderbilt by Kohn Pedersen Fox, Tower Fifth by Gensler and Adamson Associate Architects, and JP Morgan Chase’s 270 Park Avenue by Foster + Partners is already underway.
We’re in grand company on the corner of 42nd and Lexington ✨The Grand in our name stems from our unique connection to @grandcentralnyc, but our Midtown address also places us within easy walking distance to some of New York’s most iconic monuments, l… https://t.co/G3i256Nrqx pic.twitter.com/BCemQIB2KN— Grand Hyatt New York (@GrandHyattNYC) August 20, 2018
Posts tagged with "office towers":
The Grand Hyatt Hotel in Midtown Manhattan, once owned and reclad by President Trump, is headed for the wrecking ball. A new joint development by TF Cornerstone, RXR Realty, and MDS Capital has been announced in its place and will feature 2 million square feet of office and retail space, as well as a brand new identity for the Grand Hyatt. Located at 109 East 42nd Street, just southeast of Grand Central Station, the 26-floor structure wasn’t always a Trump hotel. In fact, it’s 100 years old. Built in 1919 by the Bowman-Biltmore Hotels group, the Commodore Hotel was originally a brick-clad building with over 2,000 rooms and a world-renowned lobby. In the late ’70s, the Trump Organization purchased and remodeled the entire structure for $100 million, redoing the facade with its now-signature all-reflective-glass curtain wall. It then reopened in 1980 as the Grand Hyatt New York. AN’s editor in chief Bill Menking wrote that the story behind the hotel revamp and the addition of the sign-slash-restaurant that hovers above the sidewalk on 42nd Street is a prime illustrative tale of negative development in New York.
It looks like Amazon is really digging into the whole returning-to-its-roots-thing by adding scores of new jobs to the city Jeff Bezos started the company in 25 years ago. With an incoming 600-foot-tall skyscraper slated to host thousands of employees in Bellevue, Washington, the Seattle-adjacent city will soon become home to one of the largest offices towers in the company's history. The Seattle Times reported that the giant online retailer and its main architect, NBBJ, recently filed a pre-application for Bellevue 600, a 43-story, one-million-square-foot office tower that could house up to 4,200 employees. Located just 10 miles east from its downtown Seattle headquarters—a mere hop across Lake Washington, the proposed project seems to cement Amazon’s expanding footprint in Bellevue. It already owns a 354,000-square-foot building called Centre 425, which it bought in 2017 and now accommodates 500 positions. It’s also currently renting space from WeWork in another downtown location. Last summer, Amazon signed a lease for offices in the former Expedia headquarters, which will begin next year. It also just secured square footage in a planned 17-story story building designed by LMN Architects, according to GeekWire. It’s been said that Bellevue 600, the largest of all these office spaces, would be built atop a future transit and light rail station that could easily connect employees with the Seattle home base. While Seattle is practically synonymous now with Amazon, Bezos actually began the company out of his garage in Bellevue in 1994. It’s a little-recognized fact that, when put in the context of the company’s current clashes with Seattle city government, makes sense for Amazon’s next big move. Belleuve is already emerging as a major tech hub—Google, Facebook, T-Mobile, and even Expedia have leased space in and around downtown Bellevue, according to Geekwire. And local politicians are welcoming them in. But just because it’s gobbling up leases in the Eastside city doesn’t mean Bellevue is the site of HQ2, or that it’s halting expansion in Seattle. Regardless of the intention behind it, Amazon’s real estate portfolio is rapidly growing. Set for completion in 2024, Bellevue 600 would provide room for the entirety of Amazon’s Worldwide Operations division, according to The Seattle Times. This includes all of the personnel that handle the delivery and logistics of each package that a customer orders, and the operations of the company’s 175 global fulfillment centers. Details on the design or development of the structure have not been released, but it’s been reported that, based on NBBJ’s proposal, the tower would include 885,000 square feet of office space atop a podium with room for retail, “office amenity” space, and a meeting center. Several pedestrian plazas would envelop the outdoor space as well. There’s even speculation of another tower planned for the site, which Amazon has yet to fully confirm.
In downtown San Antonio, famed New Haven, Connecticut–based firm Pelli Clarke Pelli (PCP) teamed up with local Alamo Architects to design the new Frost Bank Tower headquarters. It will be the first office tower to join the San Antonio skyline in three decades and one of several new PCP buildings in Texas, including Dallas’ McKinney & Olive tower and the Shraman South Asian Museum and Learning Center. Weston Urban and KDC of Dallas selected the firms in part because of its extreme care and attention to detail. When the firm's representatives shared the project with the selection team, they presented an impeccably detailed paper model of downtown San Antonio with a variety of different towers to illustrate a variety of choices for the site. Appropriately, PCP’s project leads, principal Bill Butler and Fred Clarke, are both native Texans who have spent ample time in San Antonio. The new tower is proposed to be 400,000 square feet, have an emphasis on sustainability, and will be integrated with the new design of the San Pedro Creek area, where architect David Adjaye just revealed his own art gallery. PCP's plan will include a new bridge and plaza. Ground breaking is slated to begin fall 2016 and completion in 2018 or '19, loosely coinciding with San Antonio’s 300-year anniversary in 2018.
L&L Holding Company, owners of a midcentury office tower at 425 Park Avenue, are looking to build a new, high design office tower on that site. It would be the first new office tower built on Park Avenue since the 1980s. Some of the biggest names in architecture are competing for the job: Ateliers Jean Nouvel, Ateliers Christian de Portzamparc, Herzog & de Meuron, Foster & Partners, Zaha Hadid Architects, OMA, Maki and Associates, KPF, Richard Meier and Partners, Rogers Sirk Harbour + Partners, and Renzo Piano Building Workshop. Vishaan Chakrabarti, director of the center for urban real estate at Columbia, is running the competition for L&L. "This competition of ideas is the first step in the process of realizing a globally advanced, bespoke skyscraper that will both complement Park Avenue’s existing architectural treasures and make its own indelible mark in the world’s most timeless office corridor,” he said in a statement.