Hat tip to @the726:
The debt will fuel Manhattan’s work on Emerson Lofts , envisioned as an eventual 1,000-unit complex at 315-326 15th Street. MRC’s loan will back the project’s first phase, a 26-story, 350-apartment tower that would also include 10,000 square feet of commercial space.
Future plans for the site, for which the MRC financing provides pre-development money, also include the conversion of a 600,000-square-foot industrial building — formerly the Emerson Radio Factory — into loft-style apartments. Blueprints also contemplate two other ground-up residential construction projects.
This site is undergoing demolition/site prep, will start foundation work very soon. The building permit applications are already in the city’s system. Will try to post pics soon.
Here’s a rendering of the site. The tower that got financing is the one to the back left in this picture:
A site plan:
@JC_Heights @the726 I’ve edited/updated the post with more accurate renderings.
We seem to have traveled here around the same time
From this weekend
No activity today but it looks like it should start to rise soon.
This one got its full construction permits today.
It’s insane how many buildings in JC these days are were already out of the ground before permits are even issued!
On the other side they have cleared the 2 lots for the new Cole’s st Park.
Phase 2 of the enclave or van leer. Not sure what the north phase is called.
Behind the 14th st garden center is cleared too
In between the cast iron lofts - the lot seemed to be recently cleared (again).
Are the last two photos of those lots part of the development with 305 Cole St.? With Viñoly as the architect
The last one is. I didn’t know it was going to be vinoly. That has some great potential then.
The 2nd to last shot is the lot between this Emerson lofts and the 14th St garden center. (Between 15th and 14th St-.
viñoly is a crappy architect. way overrated.
also horrible to work for. he runs a sweatshop and abuses the junior architects who work for him, at least according to glassdoor reviews and some of my wife’s acquaintances in the industry (wife is an architect at a different NYC firm).
This one has restarted temporarily
it’s strange having rode my bike through there for 4 years and now it’s getting developed