Excavation and pilings have begun at 740 Eighth Avenue, the site of a 52-story, 1,067-foot-tall (325-meter-tall) hotel and observation tower in Midtown, Manhattan offering 776,000 square feet (72,092 square meters) of development space with an 825-key hotel in the tower base and a four-story observatory boasting a drop ride attaction. The building will also contain retail space, two restaurant floors, and a pool deck.
Lendlease is listed as the general contractor, WSP is the structural engineer, and Ancora Engineering is handling the excavation and drilling for the foundations of the property. Takig up about a third of a city block, the tower’s unconventional appearance includes a “stem-like” structure that leads into a sloped pinnacle structure while the façade on the upper levels features an irregularly corrugated design.
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