335 Eighth Avenue’s Brick Façade Begins Installation in Chelsea, Manhattan
Rendering of 335 Eighth Avenue – Courtesy of MAG Partners, COOKFOX Architects
By: Michael Young and Matt Pruznick 8:00 am on August 22, 2024
Façade installation is steadily progressing on 335 Eighth Avenue, a seven-story residential building in Chelsea, Manhattan. Designed by COOKFOX Architects and developed by MAG Partners and Mutual Redevelopment Houses, Inc., the 200,000-square-foot structure will yield 188 rental units in studio to two-bedroom layouts, a 23,000-square-foot Lidl supermarket, and additional ground-floor retail space. Thirty percent of the homes will be reserved for affordable housing. The ground-up property is located at the corner of Eighth Avenue and West 26th Street within the Penn South affordable housing cooperative, officially known as Mutual Redevelopment Houses.
Crews have enclosed much of the reinforced concrete superstructure in metal frame studs, insulation boards, and the grid of rectangular floor-to-ceiling windows since our our last update in late May, when the building was in the process of topping out. Recent photos show the red brick façade being installed behind scaffolding and construction netting on the lower half of the western elevation along Eighth Avenue.
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Ninety percent of the residential units will be studios and one-bedrooms, while the remaining 10 percent will be two-bedroom apartments. Amenities at 335 Eighth Avenue will include a fitness center, a library, a media lounge, a coworking lounge with private workspaces, a dining area with a catering kitchen, and outdoor rooftop gardens with dining areas and a grilling terrace.
Renderings of the building preview the finished look of the brick exterior, which will incorporate several different bond patterns. Setbacks at the seventh floor are shown topped with terraces, and the roof parapet features an additional terrace adorned with greenery.
The upcoming Lidl supermarket will feature a bakery, fresh produce, a floral shop, meat and seafood, and other typical everyday essentials. The Germany-based supermarket is also expected to partner with Hire NYC to offer employment to local residents and provide comprehensive benefits such as healthcare for all full- and part-time employees, regardless of hours worked per week.
JLL Capital Markets arranged a $151.4 million capitalization for the project with financing secured from Bank OZK and MetLife Investment Management.
The property is a short walk from the C and E trains at the 23rd Street station to the south.
335 Eighth Avenue’s anticipated completion date is slated for the third quarter of 2025.
View Source