Continuing the discussion from NEW YORK | High Line District (West Chelsea - 10th Ave Corridor):
BY: NIKOLAI FEDAK ON DECEMBER 16TH 2013 AT 6:00 AM
501 West 17th Street
While much of the activity along The High Line has been concentrated along adjacent lots in the West 20s, work appears to be imminent at a long-vacant site between 17th and 18th Streets. Owned by Edison Properties, the property has seen several visions — and Curbed has renderings of an unbuilt two-towered configuration — though current plans have not been disclosed.
The Real Deal notes that 501 West 17th Street used to be home to a gas-processing plant, which explains why work on the project is beginning without any approved permits for future buildings. As a ‘brown’ site, the soil conditions must be remediated before new development can start, and it appears that the process is underway, with the former parking lot now reduced to dirt.
501 West 17th Street
In the meantime, the lot will remain home to a billboard, which has hosted both advertisements and art pieces. Though permits are lacking for an actual building, new ones have been filed for illuminated signage, so it appears that the commercial art installation may be getting an upgrade before it is cleared to make way for eventual development.
Despite the lack of public plans, Edison’s HLP properties — which will be the division developing 501 West 17th Street — has noted that the project will be mixed-use. Completion is likely by the early 2020s.
BY DANIEL GEIGER
JULY 30, 2014 2:07 P.M.
That site at 76 11th Ave. is half of a large parking lot owned by Edison Properties stretching from 11th Avenue to the High Line between West 17th and West 18th streets. That portion can accommodate a 390-foot tall residential tower about 440,000 square feet in size, making it one of the largest development sites in that area up for grabs in recent years. Edison expects to sell the site for more than $400 million, sources say. The real estate and parking company would retain ownership of the other half of the parking lot abutting the High Line.