The entire development boasts more than 100,000 square feet of best-in-class sports, leisure, and lifestyle amenities among the three towers, as well as a new landscaped park and open spaces at the heart of the development.įollow the December 2016 issue of Construction Global magazine. Waterline Square is being developed on the last remaining waterfront sites on Riverside Boulevard and will complete this waterfront neighbourhood master plan vision that has been underway for more than two decades.Įach of Waterline Square's newly constructed buildings will be residential, featuring luxury condominium residences that crown each tower with sweeping views of the Hudson River and Manhattan skyline. Three world-renowned and award-winning architects were commissioned to design an iconic collection of three luxury residential and mixed-use buildings, which will be set upon a beautifully landscaped park spanning approximately 3 acres, all of which will be developed and completed simultaneously. The combination of amazing location, unprecedented amenity program, new park and open spaces, outstanding views, along with a collection of three of the world's most celebrated architects will position Waterline Square at the forefront of New York City's truly great development endeavors and luxury residential offerings." James Linsley, President of GID Development Group said, "This financing package reaffirms our confidence in this unique Manhattan waterfront development and our design and development team's ability to create the most innovative, comprehensive, and cohesive residential experience in New York City. Photo Credit: Noe & Associates with The Boundary GID is a privately held and fully integrated real estate company that develops, owns, and operates a premier portfolio of existing and under-development. The New York and Boston teams of HFF had an advisory role on the financing arrangement.ĭesigned by three world-renowned and award-winning architects including Richard Meier & Partners Architects, Viñoly Architects, and Kohn Pedersen Fox Associates,Waterline Square encompasses nearly five acres and will be located in Manhattan along the Hudson River from West 59th Street to West 61st Street, where Midtown meets the Upper West Side. The $2.3 billion total package is believed to be the largest for a residential construction project ever in New York City’s history, consisting of equity investments from the development's ownership team of GID and the Henley Holding Company, a wholly-owned subsidiary of the Abu Dhabi Investment Authority, and a $1.243 billion construction financing provided by a bank syndicate led by Wells Fargo as Administrative Agent along with co-lead arrangers HSBC, National Bank of Abu Dhabi, and JP Morgan.
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Plans also call for an internal street grid, an emphasis on transit-connectedness, and an open-container policy for the full district.GID has announced the closing of the largest residential construction financing of the year, for Waterline Square, its three-building luxury residential development now under construction on Manhattan's Upper West Side along the Hudson River. High Street’s initial phase will include 150,000 square feet of retail and restaurants, roughly 600 luxury apartments, 90,000 square feet of loft offices, and 222,000 square feet of existing office space, officials announced today. GID Development Group has officially launched apartment leasing within Waterline Square, a five-acre development that includes a trio of distinct high-rise buildings and lush landscaping throughout. Located where Perimeter Center Parkway meets Hammond Drive, near the Dunwoody MARTA station, High Street is being put together by national real estate developer GID after years of delays and the exit of former partners North American Properties. location at The Interlock in Atlanta’s West Midtown in April.
Puttshack’s Perimeter location will span more than 26,000 square feet and follow the successful launch of the brand’s first U.S. Design & Development: Iulia Ionescu Content Management: Charlotte Slingsby Branding: Jingyi Li & Christian Pugsley. Puttshack, a fusion of tech-focused mini golf and nightlife, was announced today as High Street’s first anchor tenant. +44 (0)20 7590 4444 // Royal College of Art, Kensington Gore, London SW7 2EU, United Kingdom. GID Development Group plans to break ground sometime in the remaining months of 2021 on the initial phase of High Street, a $2-billion Dunwoody proposal near Perimeter Mall that would span 36 acres and cover the equivalent of 10 city blocks. A massive, mixed-use “cosmopolitan oasis” that’s been percolating in Central Perimeter since the Great Recession appears to finally be ready for construction.
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