NEW YORK | 3 Hudson Blvd (The Girasole) | 987 FT | 56 FLOORS | ON HOLD

[TechTalkGuy]

Originally Posted by NYguy

Sound the trumpet, we have a winner!

[hunser]

Looks like it's U/C!

Originally Posted by towerpower123

January 2nd

[ILNY]

Originally Posted by hunser

Looks like it's U/C!

There is some work being done on the Subway 7 entrance (picture above) but the tower is still on hold until anchor tenant is signed.

[NYguy]

https://www.multihousingnews.com/pos...far-west-side/

Moinian Group Builds up Manhattan’s Far West Side





by Samantha Goldberg
April 5, 2016

...In addition to its residential projects, the company also has some commercial development in the works. Construction will begin shortly on 3 Hudson Boulevard, Moinian’s largest commercial project to date with plans for a 1.8 million-square-foot Class A office building in the Hudson Yards district. The property will take up a full square block between 11th Avenue and Hudson Boulevard Park from West 34th Street to West 35 Street and is targeted for LEED Platinum certification. The foundation is also shared with the MTA’s No. 7 subway extension that opened last year.

3 Hudson Boulevard will be designed by Dan Kaplan, FAIA, of FXFOWLE Architects, and feature 48,000-square-foot podium-level floor plates, 10-foot ceilings and floor-to-ceiling windows.

[Dac150]

Does "construction will begin shortly" insinuate an anchor tenant has been landed?...

[NYguy]

Originally Posted by Dac150

Does "construction will begin shortly" insinuate an anchor tenant has been landed?...

Who knows. It would be unusual for them not to announce an anchor tenant. Maybe something is imminent.

[mrnyc]

just look at that bright, airy and open base of the bldg. and next to the second hudson yards 7 train entrance. what a pleasant way to go to work that will be.

[NYguy]

It will be nice, same for the other towers.


http://3hudsonboulevard.com/the-building/



















Older image, but you can see how things take shape...


http://www.gettyimages.com/detail/ne...hoto/481415784

[hunser]

https://twitter.com/TheMoinianGroup?...Ctwgr%5Eauthor

The Moinian Group ‏@TheMoinianGroup Apr 22

Coming soon… #3HudsonBoulevard

[CityGuy87]

Hunser, even though this project will (hopefully) start rising soon, I think it was prematurely listed as U/C in your Supertall thread. The work that's currently being done is by the MTA is in regards to the subway entrance I believe, not the the tower's foundation. Although, Moinian is hinting in their Twitter post that they're close to securing an anchor tenant so I look forward to hearing more good news on that end.

[ILNY]

^ Correct, all work is MTA subway construction. The tower is still on hold until Moinian announces anchor tenant.

[NYguy]

[chris08876]

Manhattan's Latest Tower Heats Up Hudson Yards Race for Tenants

On Manhattan’s far west side, where developers are adding millions of square feet of offices in new skyscrapers, the robust competition for tenants is about to get another entrant.

Joseph Moinian, an owner of properties including the W New York Downtown hotel and the Sky apartment tower, has started work on a foundation for a 1.8 million-square-foot (167,000-square-meter), 66-story skyscraper whose height will rival the Chrysler Building. His company, Moinian Group, has no committed tenants at the project, located at the corner of 11th Avenue and West 34th Street -- close to where Related Cos. plans four office towers and Brookfield Property Partners LP plans two. Tishman Speyer controls another two sites nearby, with one that’s slated to get a building designed by Bjarke Ingels.

The construction surge is transforming a decaying industrial expanse known as Hudson Yards -- from about 28th to 42nd streets, west of Eighth Avenue and stretching toward the Hudson River -- into a glittering enclave that’s expanding the borders of New York’s office districts and drawing some prestigious firms away from the traditional core of Midtown. The area’s developers are competing not only with each other, but also with new towers and revamps of older properties in lower Manhattan, where longtime Midtown tenants such as Time Inc. have relocated.

“There’s a wide range of options, geographically, coming up,” said Keith DeCoster, director of U.S. real estate analytics for brokerage Savills Studley Inc. Related, which started the boom with its $20 billion Hudson Yards project, “really staked a claim on the west side and put a lot of chips out there, and it seems to have paid off. Now the question becomes for the developers that are behind them, how do they compete over a limited number of tenants?”

[...]

It’s our time,” said Arthur Mirante, tri-state president of Avison Young Inc., the leasing broker for 3 Hudson Boulevard. Moinian is in discussions with potential tenants for the tower, one of them for about 1 million square feet, the other two for more than 500,000 square feet, and expects to land one of them fairly soon, Mirante said.

=========================
http://www.bloomberg.com/news/articl...ce-for-tenants

[chris08876]

^^^^^^^
Since this is starting to rise, should this be moved to its respected super tall subforum where it belongs with all of its other super tall friends?

[NYguy]

^ I think the foundation is already partially completed.

Joseph Moinian, an owner of properties including the W New York Downtown hotel and the Sky apartment tower, has started work on a foundation for a 1.8 million-square-foot (167,000-square-meter), 66-story skyscraper whose height will rival the Chrysler Building. His company, Moinian Group, has no committed tenants at the project, located at the corner of 11th Avenue and West 34th Street -- close to where Related Cos. plans four office towers and Brookfield Property Partners LP plans two. Tishman Speyer controls another two sites nearby, with one that’s slated to get a building designed by Bjarke Ingels.

Moinian Group, which has about $10 billion worth of properties, is entering the fray after Related has all but filled the 4.4 million square feet in two of its under-construction office towers, 10 and 30 Hudson Yards. Moinian and his investors are spending as much as $100 million to lay the foundation for 3 Hudson Boulevard and expects the building will have a main tenant committed before it starts to rise above ground, he said. He anticipates the skyscraper will cost about $2 billion to build, and he said he would complete financing for the remainder of the project once the anchor tenant is secured.

“We do feel confident, very confident, that the building will lease,” Moinian said. “That’s why we are putting this kind of money -- all cash -- into starting the foundation, to bite into the time” that it would take to finish the skyscraper.

I think it's a smart move. With 10 and 30 full, and 55 landing tenants, 3 Hudson is the next logical move. (both Tishman's Spiral and Related's 50 Hudson need site prep before work can begin).

Moinian aims to complete the project in 2021. Plans call for a 1,050-foot (320-meter) tower overlooking the Hudson River, designed by Dan Kaplan of the firm FxFowle Architects LP, that would torque gradually to maximize exposure to sunlight. It will sit on a full block, with its main entrance facing Hudson Boulevard, a slash of greenery with fountains and a pedestrian promenade, and beside a canopy-topped entrance to the new No. 7 subway terminus.

The tower also will feature a pair of five-story LED video screens above the entrances facing away from the park, which will flash out “branding capabilities” for an anchor tenant as well as art and cultural programming, said Mitchell Moinian, Joseph’s son and the firm’s senior vice president.

[NYguy]

Labeled this photo to show the towers going up in the immediate area.

[tokilamockingbrd]

Originally Posted by NYguy

^ I think the foundation is already partially completed.

What I am tracking is the MTA has completed an entrance to the 7th line Subway station. They have completed the portion of the foundation required to complete the connection. I believe the MTA is done and Moinan has full control of the site and is green lighting it. He obviously want to be ahead of Hudson's next supertall Office tower and the Spire in the search for tenants.

This tower has a great location with the already completed subway station connection. I think they should do pretty well landing tenants.

[chris08876]

Its good to see developers starting towers without tenants. Shows that they are confident. With this tower, its in the bag already. A tenant is going to happen. I only wish Larry would take a risk and start the tower. They are probably more likely to sign if they see it. Its going to happen eventually, and a little risk can sometimes work.

[antinimby]

^ Moinian is only building the foundation, not the tower. You can't get financing unless you have a large tenant.

[NYguy]

Originally Posted by antinimby

^ Moinian is only building the foundation, not the tower. You can't get financing unless you have a large tenant.

That's usually the way the residential towers start. But he's starting here, now, because he's confident he'll land that tenant to get the construction financing. If they don't, they'll stop construction. But he isn't just starting the foundation just for the sake of building the foundation and holding out for a tenant.



http://rew-online.com/2016/05/11/wit...son-boulevard/

With 1M s/f tenant circling, Moinian starts building 3 Hudson Boulevard


BY HOLLY DUTTON
MAY 11, 2016

With a one-million s/f anchor tenant circling, The Moinian Group has begun construction on its newest Hudson Yards building.

The developer announced yesterday (Tuesday) it has begun foundation work on its 3 Hudson Boulevard tower on the Far West Side.

The 66-story, approximately two million-square-foot tower is set to occupy the entire square block between 11th Avenue and Hudson Boulevard Park from West 34th Street to West 35th Street, in the Hudson Yards neighborhood.

The foundation sits on the densest bedrock in Manhattan requiring no platform, according to the developer. The site links underground with the No. 7 subway extension, which opened last fall.

Moinian has been in talks with at least three possible anchor tenants, one of whom could take up to one million s/f, Avison Young’s Arthur Mirante, who is leading the leasing efforts at 3 Hudson Boulevard, told Bloomberg News.

“We are in negotiations with several large tenants for 3 Hudson Boulevard as a possible venue for their new headquarters space,” CEO Joseph Moinian said in a press release. “Completing the foundation only fills the market with confidence and added enthusiasm that this spectacular building, on the best site in the Hudson Yards District, will be ready for occupancy, timed perfectly to the large space users looking to relocate to a premier, Class A tower.”

...Moinian and his financial backers are putting up as much as $100 million to lay the building’s foundation, and will complete financing once an anchor tenant is secured, according to Bloomberg.

...A portion of 3 Hudson Boulevard’s foundation is already being built as part of the MTA’s current infrastructure work for the second entrance to the 34th Street Station on the No. 7 subway extension.