- The closing beam for TSX Broadway, a $2.5 billion, 46-tale combined-use improvement overlooking Periods Square, was installed on Feb. 9, New York Town-based mostly actual estate developer L&L Holding Organization and Fortress Expense Team said in a press release shared with Building Dive.
- The 550,000-square-foot task broke floor in 2019, and will ultimately involve 100,000 square ft of retail and entertainment area, in accordance to the launch. The 105-year-outdated Palace Theatre is now currently being lifted a few stories, and at the time in spot, will get a $50 million overhaul.
- The organization is applying a system that is a hybrid amongst a structural steel shoring post and a hydraulic jack, pictured under, to lift the historic theater 30 ft to its new home in purchase to make the retail house underneath.
The exertion to raise the theater off the ground is a “significant undertaking,”