Saturday, April 9, 2016

Amazing $3 Billion Spiral Tower Planned Near High Line

At the northern end of the High Line, Tishman Speyer is aiming to extend the park's wild, natural beauty 65 stories into the air. The developer plans to build a $3 billion office tower in the Hudson Yards district that will feature cascading terraces decked with foliage, atriums with ceilings as high as 23 feet and a glass facade. 

The Spiral will rise 1,005 feet at 66 Hudson Blvd., filling the block between West 34th and West 35th streets and Tenth Avenue and Hudson Park and the boulevard.

It will have 2.85 million square feet, with about 27,000 square feet devoted to retail shops.
The tower will sit one block north of Related's Hudson Yards, at the northern terminus of Manhattan’s High Line Park, once an abandoned train trestle.

Designed by renowned Danish architect Bjarke Ingels, the skyscraper has an outdoor terrace on every tenant floor with an adjacent atrium. A glass wall will separate the spaces.

In all, The Spiral will have 2.85 million square feet, of which 27,000 will be devoted the retail. Tishman Speyer has already secured $1 billion in equity from international investors, and is looking to pre-lease about 30-percent of the tower.

At 1,005 feet, The Spiral will stand exactly as tall as One57, and will become the fourth largest tower in the Hudson Yards neighborhood.

The tower is Tishman Speyer’s entrant in the race to extend the Midtown business district west toward the Hudson River.

Related Cos. is leading development in the area with its 28-acre Hudson Yards project, built mostly over a railroad yard that serves nearby Pennsylvania Station.

Three skyscrapers are rising at that site. Moinian Group is planning a tower close to Tishman Speyer’s site, to be called 3 Hudson Boulevard.

Tishman Speyer—which operates Manhattan’s Rockefeller Center, Chrysler Building and MetLife Building—said it’s obtained more than $1 billion of equity for the project from a group of international investors. The company intends to use the funds partly to acquire additional development rights.

Ingels, 41, is one of the world’s most sought-after architects, with New York projects including a pyramid-shaped apartment tower on 57th Street near the West Side Highway and 2 World Trade Center.

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