Wednesday, March 7, 2012

NYC Hotel Projects Presently in Development

As the pace of hotel construction in New York City increases, we are tracking approximately 50 projects in various stages of development, which will open over the next 18 months.  We have selected 32 of these projects for list below:

Courtyard by Marriott—168 rooms
960 Sixth Avenue
Projected opening: mid 2012
Located in Manhattan’s Fashion District, this is a redeveloped office building in a mixed-use neighborhood.

Hyatt Place—188 rooms
52 W. 36th Street
Projected opening: mid 2012
McSam Hotel Group LLC is developing this property just off Fifth Avenue in midtown.

Clarion Brooklyn—65 rooms
1120 36th Street
Brooklyn
Projected opening: mid 2012
Marshall Hotels & Resorts will manage new build

Unnamed Hotel—56 rooms
308 W. 40th Street
Projected opening: mid 2012
McSam Hotel Group LLC is developing this property.

Days Inn—120 rooms
548 W. 48th Street
Projected opening: mid 2012
McSam Hotel Group LLC is developing this property.

Best Western Staten Island—111 rooms
290 Wild Avenue
Staten Island
Projected opening: mid 2012

Hampton Inn—62 rooms
32 Pearl Street
Projected opening: mid 2012
McSam Hotel Group LLC is developing this property in Lower Manhattan.

Unnamed Hotel—73 rooms
Wythe Avenue & N. 11 Street
Williamsburg, Brooklyn
Projected opening: mid 2012
Two Trees management will build a new hotel in this up-and-coming neighborhood, with a design in keeping with the area’s history and architecture.

The GEM Hotel Union Square—114 rooms
54 W. 13th Street (between Fifth and Sixth Avenues)
Projected opening: late 2012
This hotel will be owned and operated by Gemini Real Estate Advisors LLC.

Holiday Inn—132 rooms
150 Delancey Street
Projected opening: late 2012
McSam Hotel Group LLC is developing this property on the Lower East Side

Holiday Inn Express—175 rooms
538 W. 48th Street
Projected opening: late 2012
McSam Hotel Group LLC is developing this property in midtown.

Park Hyatt—210 rooms
157 W. 57th Street
Projected opening: late 2012
This new build project is a joint venture between Hyatt Hotels Corporation and Extell Development

Hyatt Place—219 rooms
206 E. 52nd Street
Projected opening: late 2012
McSam Hotel Group LLC is developing this property.

SpringHill Suites by Marriott—173 rooms
25 W. 37th Street
Projected opening: late 2012

Comfort Inn—48 rooms
3070 Webster Avenue
The Bronx
Projected opening: late 2012
Another new small hotel slated for the Bronx adds convenience to travelers to NYC.

Unnamed Hotel—172 rooms
237 Duffield Street
Brooklyn
Projected opening: 2013
V3 Hotels is slated to open this new property in downtown Brooklyn.

aloft Chelsea—170 rooms
815 Sixth Avenue
Projected opening: 2013

Cambria Suites Times Square—194 suites
30 W. 46th Street
Projected opening: early 2013

Cambria Suites Chelsea—140 suites
123-125 W. 28th Street
Projected opening: early 2013

Unnamed Hotel—400 rooms
237 W. 54th Street
Projected opening: early 2013

Willow Hotel—250 rooms
120 W. 57th Street
Projected opening: early 2013

Hotel 38—180 rooms
45 West 38th Street
Projected opening: early 2013

Lodgeworks is developing this property

Four Points by Sheraton—140 rooms
Jamaica, New York
Projected opening: mid 2013
Marshall Hotels & Resorts will manage this property.

Four Points by Sheraton Financial District—264 rooms and suites
6 Platt Street
Projected opening: summer 2013
 Developed by The Lam Group, the property will have suites, rooms, a restaurant and conference space.

Unnamed Hotel—114 rooms
218-222 W. 50th Street
Projected opening: 2013
Developed by Brack Capital Real Estate, the team behind recently opened, James New York SoHo Hotel.

Hyatt Times Square—487 rooms
135 W. 45th Street
Projected opening: late 2013
Extell Development Co. has started construction of this 54-story project, which will have a long-term management agreement with an affiliate of Hyatt Hotels Corp.

Courtyard by Marriott—378 rooms

1717 Broadway at 54th Street
Projected opening: late 2013


Residence Inn by Marriott—261 rooms
1717 Broadway at 54th Street
Projected opening: late 2013
Marriott International, Inc. and Granite Broadway Development announced a franchise agreement to develop this twin 68-story, multi-hotel property to be managed by Interstate Hotels and Resorts.

Four Seasons Downtown—175 rooms
99 Church Street
Projected opening: 2014
The hotel will occupy the lower 22 stories in the 80-story condominium tower being developed by Larry Silverstein on the TriBeCa site

Hilton Hotel—450 rooms
237 West 54th Street
Projected opening: 2014
3 the Moinian Group is developing this 34-story hotel

Unnamed Hotel—330 rooms
218 West 35th Street
Projected opening: 2014
34th Street/Penn Association is developing this 28-story hotel in Herald Square

Hudson Square Hotel—300+ rooms
68 Charlton Street
Projected opening: 2014
Extell Development is constructing this 35-story, four-star hotel off Varick Street in SoHo.