SHoP is one of the hottest architecture firms in New York right now, so it was only a matter of time before someone brought them to the development party happening around Hudson Yards. Developer Frank McCourt selected the firm to design his $3 billion, 730,000-square-foot mixed-use tower at 360 Tenth Avenue. The Real Deal also reports that McCourt brought in Hines as an equity and development partner. No renderings were released, but SHoP partner Vishaan Chakrabarti said they plan to "create a building that evokes the best of historic Chelsea while making a strong contemporary addition to the skyline."
McCourt bought the site, located at the corner of West 31st Street near the Lincoln Tunnel entrance, from Sherwood Equities for $167 million last year. Sherwood bought the site from Extell in 2010 for $43.5 million. Extell filed plans in 2007 to build a 61-story building with 153 apartments, and according to filings with the Department of Buildings, some work actually began.
No new permits have been filed for McCourt's project.
· Frank McCourt brings in Hines on $3B Tenth Ave. project [TRD]
· West Side Development Site Sells for $167M to Frank McCourt [Curbed]
· The Definitive Guide to the Hudson Yards Development Boom [Curbed]
· All SHoP Architects coverage [Curbed]