Rendering courtesy of TSX Broadway
A mixed-use development project hopes to bring even more bright lights and theatrics to Times Square. A team of developers, led by L&L Holding Company, will provide the ultimate New Year’s Eve experience at its new luxury hotel, part of the plan to transform the historic Palace Theatre into TSX Broadway. New renderings of the $2.5 billion project, which involves raising the theater more than 30 feet and building a 669-room hotel above it, show off suites with perfect views of the Times Square ball drop, the neighborhood’s first outdoor stage, and immersive retail experiences.
After lying fallow for years, the site of the city’s first Commune Hotel at 11 East 31st Street is abuzz with construction activity and has risen to street level. Developed by Simon Development Group, Cube Capital, and Eagle Point Hotel, the 250-room, 32-story hotel situated between Fifth and Madison Avenues will be among a dozen new residential and hotel developments slated to transform the once-sleepy NoMad neighborhood.
With Gwathmey Siegel Kaufman Architects serving as the design architects and Mancini-Duffy Architecture as the architects of record, the slender 335-foot tower will feature a 125-seat restaurant, lounge, and a rooftop bar providing sweeping skyline vistas and front-row views of the Empire State Building.
More on the hotel and construction progress ahead