Construction of the two-story extension of the Textile Building, a 16-story commercial building located at 295 Fifth Avenue in Midtown South, Manhattan, has reached its peak. Designed by Studio Architecture and developed by Tribeca Investment Group, PGIM Real Estate and Meadow Partners, the $ 350 million project includes the expansion and renovation of the century-old structure, located between East 30th and East 31st Street, a short walk away of the Empire State Building. CBRE is responsible for the marketing of the 700,000 square feet of updated office space.
The renderings below represent the modernized interior and exterior spaces. The ground floor will feature new floor-to-ceiling high vision glass paired with a metal panel system with a custom finish to complement the brick facade. To the east rear of 295 Fifth Avenue is an outdoor courtyard, one of the main highlights of the building’s amenities with 44,000 square foot flexible floor plates, 12 to 18 foot ceiling heights, a lobby updated designed by Studio MAI, cafe and library.
Currently, the yard is used as a temporary space housing the exterior mechanical winches.
The arched windows on the second floor are currently being restored.
The 34,000 square foot two story office penthouse is set back from the street view and features a series of wide arches on the west elevation that frame the skyline view. Renderings courtesy of Tribeca Investment Group and Studio Architecture.
The steel-framed outlines indicate the shape of the span and extend elegantly between the fire-retardant steel columns and beams. The recesses and parapet of the textile building’s roof will act as a series of stepped landscaped terraces, while the roof of the new 21st century addition will be edged with glass railings and will also be populated with shrubs.
A two-story atrium makes the arcades even more grandiose and prominent.
A model of the gallery addition to the upper floors of the building shows the new space.
Other infrastructure improvements include elevators, new window systems, and air conditioning and heating systems. Some decorative elements, such as the following emblem of the elevator doors, are preserved.
The transformation of 295 Fifth Avenue is expected to be completed next summer, as indicated on the construction sign. The developers expect the building to be ready for construction by tenants in the first quarter of 2022 and open for occupancy in the third quarter.
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