The Avenir comprises two 46-story towers connected by a public sky bridge and include 1,000 luxury hotel rooms; an eight-story,
600,000 square foot gaming,
entertainment, and restaurant complex at its base; more than 100 units of 100 per cent,
affordable housing; and a 1,000-seat performance hall on its top floor. The
project site is fully owned and controlled by Silverstein, is shovel ready upon approval, and free of complex logistical infrastructure hurdles.
THE AVENIR
Greenwood Gaming, owner of Parx Casino, has lodged a bid to develop upon vacant land on Manhattan’s far West Side.
In partnership with Silverstein Properties, Parx have announced plans to develop the Avenir, a hotel, casino, entertainment, and residential complex on vacant land on Manhattan’s far West Side.
Te 1.8msq.ft project will be located on 92,000 square feet of undeveloped land at 41st Street and 11th Avenue, just north of the Jacob K. Javits Convention Center, New York City’s premiere convention destination, which hosts more than 150 major events and 2.5 million visitors each year.
Te Avenir comprises two 46-story towers connected by a public sky bridge and include 1,000 luxury hotel rooms; an eight-story, 600,000 square foot gaming, entertainment, and restaurant complex at its base; more than 100 units of 100 percent, permanently affordable housing; and a 1,000-
seat performance hall on its top floor. Te project site is fully owned and controlled by Silverstein, is shovel ready upon approval, and free of complex logistical infrastructure hurdles, such as a heavily congested immediate area, the need for residential or commercial displacement, or the construction of a large support deck.
Te Avenir will be designed jointly by Steelman Partners and CetraRuddy. Te 46-story,
distinctive two-tower complex will include a public sky bridge that connects the towers on the 45th floor. Te 45th floor, located 630 feet above the street, will also feature the project’s signature design feature: a 1,000-seat performance hall, which will be available for use by local community and school groups along with world-class concerts in a stunning, intimate setting. It has been stressed that the hall will be designed to complement – not compete with – Broadway theatres.
Te Avenir will be union built and union staffed. Te project is expected to create 4,000 union construction jobs, and more than 5,500 permanent union jobs upon completion. Affordable housing is a cornerstone of the Avenir, and Silverstein Properties plans to build more than 100 apartments that are 100 per cent and permanently affordable on site at a mix of unit types and sizes, which will be available to New Yorkers through the City’s housing lottery system.
WIRE / PULSE / INSIGHT / REPORTS P35
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