Groundwork Begins at Downtown Supertall 45 Broad Street

Posted On Thu, February 11, 2016 By

Posted On Thu, February 11, 2016 By In condos, Construction Update, Financial District, New Developments

Wasting no time getting started, Madison Equities and Italy-based Pizzarotti Group have begun soil testing at the site of their upcoming supertall tower 45 Broad Street. After 6sqft revealed a trio of preliminary renderings last month, Pizzarotti Group’s CEO Rance MacFarland told Curbed that the tower will stretch 1,100 feet high and have 86 floors. He also shared that it will contain 245 condo residences catering to “entry- and mid-level buyers.”

NoBU, 45 Broad Street, adison Equities, Pizzarotti Group
Project site. Behind the lot is the rental The Exchange at 25 Broad Street and the condominium 15 William NY

NoBU, 45 Broad Street, adison Equities, Pizzarotti Group
The airspace the tower will occupy

Since the announcement, a truck mounted with drilling and soil testing equipment has moved onto the cleared lot, and a recently filed permit states some excavation work will take place for more soil samples that will verify the extent of the below-grade structures and foundations. The developers expect to officially break ground on the project this fall, with a completion date sometime in 2018.

NoBU, 45 Broad Street, Madison Equities, Pizzarotti Group
Rendering courtesy of Cetra/Ruddy, Madison Equities, and Pizzarotti Group

NoBU, 45 Broad Street, adison Equities, Pizzarotti Group
Hypothetical rendering showing a 1,100-foot tall tower rising at the site of 45 Broad; Courtesy Tj/CityRealty

View future listings for 45 Broad Street at CityRealty.

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All construction shots via 6sqft

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Neighborhoods : Financial District

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