335 8th Avenue Update 05/31/24

7-Story Mixed-Use Project Tops Out in Chelsea

Subcontractor, RC Structures, has topped out the concrete superstructure of a 7-story, mixed-use project, going up at 335 Eighth Avenue in Manhattan's Chelsea neighborhood.

Jointly developed by MAG PartnersSafanad, and MetLife, the building is set to feature rental apartments, with approximately 30% of the units to be dedicated to affordable housing. Plans also call for a Lidl supermarket on the ground floor.

Designed by , the structure stands feet tall and totals square feet. General contractor, , broke ground on the project in October of 2023. Shortly afterward at the beginning of this year, the project team secured a $151.4M construction loan from Bank OZK.

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