Posted Apr 18, 2016, 11:46 PM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 45,795
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From ny Eb-5 site.
Looks like this will break ground this year.
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The Project:
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37-11 Development, LLC is developing a 438-room Aloft-branded hotel (the “Project” or “Hotel”) at the southeast corner of 37th Street and 11th Avenue in Manhattan. Aloft is Starwood’s upscale lifestyle/boutique brand. According to Starwood, “Aloft Hotels is a modern, fresh, and fun destination. Aloft is a hotel that celebrates the individual and gives you freedom to control and customize your travel adventure to fit your personal style. It is a place where walls have been knocked down to create a space that is open in design and open to possibilities.” 37-11 Development, LLC has an executed franchise agreement with Starwood for the development of the Aloft franchise, and management is anticipated to be contracted out to a world-class third-party hotel operator, with multiple management proposals already having been received.
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The Hotel:
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As currently contemplated, the Project will open in February 2018. The approximate 254,000 gross square foot, 39-story development is anticipated to be comprised of 438 guestrooms with amenities including approximately 2,500 square feet of function space, Aloft’s branded “W XYZ Bar”, a fitness center, breakfast area, and Aloft’s branded “Re:Fuel” grab and go-style eatery.
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http://ny-eb5.com/projects/aloftnewyork/#
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