BIG reveals first look at Manhattan’s latest “tower-in-the-park”

BIG reveals first look at Manhattan’s latest “tower-in-the-park”

EB-5 Visa, EB5 Visa, EB5 Investments

The Bjarke Ingels Group (BIG) has released the first batch of renderings for its latest Manhattan project, a 60-story office tower set to touch down in NoMad. As first reported by New York YIMBY, “29th & 5th” will rise from the site of the former historic Bancroft Bank Building, replacing an 800-foot-tall luxury condo tower designed by Moshe Safdie.

As seen in the renderings, the building at 3 West 29th Street will consist of two slender, linked rectangular masses with a glass curtain wall. Differentiating each volume will be the width of the windows, with the curtain wall of the eastern half holding much wider windows than its western counterpart. One of the project’s more interesting features is the “spine” of cantilevering concrete terraces running up the tower’s eastern side, which will give each floor access to outdoor space.

EB-5 Visa, EB5 Visa, EB5 Investments

A cantilevering concrete “spine” will run up the building’s east facade. 

According to the project’s EB-5 materials–a program designed to lure foreign investment in the building in exchange for a potential green card–the tower is being designed with a heavy emphasis on wellness.

“The building will incorporate a LEED-Certified design and highly amenitized offering package promoting employee connectivity, communal workspaces, and fitness options that will pioneer a new frontier of wellness and sustainability within the workplace. The building is designed with smaller 13,400-square-foot floor plates that will attract an underserved market while leaving ample lot area to design a vibrant park surrounding the building.”

EB-5 Visa, EB5 Visa, EB5 Investments

Aerial rendering of NoMad with the prospective project.

While permits filed with NYC’s Department of Buildings show that the project was submitted as a 34-story, 300,000-square-foot tower, YIMBY is reporting that the original application was used to begin foundation work ahead of a final plan reveal. This set of new renderings paints a picture of a tower that’s at least 60 stories tall, with a possible height of 800-to-850 feet and up to 600,000 square feet of floor space. The skyscraper’s massive heft has been made possible by developer HFZ Capital’s agglomeration of air rights from throughout the neighborhood.

No completion date has been given for 29th & 5th at the time of writing.


https://archpaper.com/2018/04/big-reveals-manhattan-latest-tower-park/#gallery-0-slide-0

States

  • New York


Securities Disclaimer

This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.