Left rectangle ads redesigned
Robert Ripps book
History of Tribeca Buildings
Canal and Broadway corner will get a new one-story building
United American Land, which owns a bunch of properties on Canal west of Broadway, is rebuilding the northwest corner to do a new single story building. Construction should start soonish and be done in a year from now; they recently secured $28 million in financing, according to Traded.
This includes the two-story 301 Canal and the taxpayer that is 419-421 Broadway. (They also own the bank building on the southwest corner — but there are no new plans for that at the moment.)
Back in 2017, the company had plans for an eight-story office building on both lots with ground-floor retail. (They picked up 301 Canal in March 2017.) The building was designed by Morris Adjmi and approved by the Landmarks Commission in December 2017. (That corner is within the SoHo-Cast Iron Historic District from 1973.)
Broadway street view
4 Comments
Comment:
Right column rectangle ads
Mega rectangle
Restaurant guide icon
Seriously? Trading a contextually appropriate (and beautiful) eight-story office building development for a one story strip mall on a prime, transit-rich corner?
Ugh.
Seems a complete waste of space. The 8-story building made far more sense, and at least it covered up those vandalized neighboring walls. What happened to the original plan?
United American Land concluded that “the office market [is] not viable at present” per Crain’s New York Business. That said, they can always build a foundation here that is suitable for a taller building. Building in the vicinity of a subway station is complicated and delayed by having to comply with MTA’s rules and precautions.
As long as the vendors of counterfeit goods dominate the street scene this will not be a prime location.