TSX Broadway Demolition Passes Halfway Mark In Times Square

Demolition is moving along steadily at 1568 Broadway in Times Square, where the 46-story

tower has been reduced to around half its former size. The 30-year-old, 470-foot-tall steel

superstructure formerly housed the DoubleTree Suites by Hilton and will be replaced by a new

hotel dubbed TSX Broadway. Designed by PBDW Architects, Mancini Duffy, and Perkins

Eastman, and developed by L&L Holding Company, Maefield Development, and Fortress

Investment Group, the new structure will rise 46 stories and span 550,000 square feet.

Recent photos show the state of progress at the site, which is located at the corner of Seventh

Avenue and West 47th Street. Demolition has reached the 23rd floor, and its parapet is now

below the roof of the Edition hotel across West 47th Street. The cores are being used as debris

chutes to safely discard scrap. There are portions of the lower floors that have been partially

exposed, revealing large steel trusses, columns, and tall ceiling heights that were once hidden

behind LED screens and flashing marquees. New structural trusses are being installed right

now and are currently on the fourth floor. We should expect to see a majority of the dismantling

substantially complete by the end of the year.

The new TSX Broadway is estimated to cost $2.5 billion. Inside will be 75,000 square feet of

retail space spanning the first ten stories, a 4,000-square-foot performance venue with Times

Square’s only permanent outdoor stage cantilevering above Seventh Avenue, 30,000 square

feet of dining space, and a 669-key hotel above. The podium is set to be wrapped with 51,000

square feet of LED signage with a wraparound corner on the northern edge.

Meanwhile, excavation and foundation work is underway in the cellar levels of both the hotel

and Palace Theater as crews prepare to lift the venue from its original footings and raise it 30

feet to make room for ground-floor retail. The 107-year-old landmark, originally designed by

Kirchoff & Rose, is part of the remaining 25 percent of the structure that will be preserved.

The commercial spaces will be available and ready for tenants by 2021, while total completion

and opening is expected in 2022.