SHoP’s proposed wooden tower has gotten the axe, reports The Real Deal. The wood high-rise which was slated to rise along 18th Street in Chelsea has been scrapped, as a downturn in the market has forced developer Sy Ghassemi to change course.
In March, an Austrian architecture firm announced plans to build the world’s tallest wooden skyscraper in Vienna. They noted that by using wood as opposed to concrete they’d save 3,086 tons of CO2 emissions. Then, a study showed that timber buildings actually cost less to build. These benefits really must have stuck with SHoP Architects, who are developing plans for a ten-story residential building in Chelsea, overlooking the High Line at 475 West 18th Street, that will be made entirely of wood, according to the Wall Street Journal.
SHoP’s project came via a competition hosted by the United States Department of Agriculture, in partnership with the Softwood Lumber Board and the Binational Softwood Lumber Council, that asked architecture firms to design buildings at least 80 feet tall that employed wood construction technologies. SHoP’s design, dubbed 475 West, won the competition along with a 12-story building in Portland. The firms will split a $3 million prize to “embark on the exploratory phase of their projects, including the research and development necessary to utilize engineered wood products in high-rise construction.”