Browsing: Building Repositioning
Cushing Terrell partnered with longtime client, Metropolitan Market, to bring its global-inspired take on grocery to the rapidly transforming Crown Hill neighborhood of North Seattle. The new location transformed a 30-plus-year-old building into a beautiful, modern shopping destination—one that both fits the context of the up-and-coming neighborhood and ties into Metropolitan Market’s high-end brand.
The contracting team on the 47-story TSX Broadway used lifts to raise the site’s original theater by 30 feet.
With a robust network of over 4,700 construction professionals, the STO Building Group is rich with experts spanning all facets of the construction industry. That means local project teams can readily access that companywide expertise and experience for the benefit of their clients and projects. Here, we highlight just a few of these experts and their areas of specialization.
Focused on improvements to the street front, roof, office floors, and building systems, “Midlife Metamorphosis” is a series of ideas to reposition aging properties to make them a smarter investment.
The owners of 64 New York City office buildings are interested in converting their properties into housing, according to new data from the Department of City Planning.
Massachusetts Gov. Maura Healey recently launched a program to help cities across the state identify underused office buildings that are best suited for residential conversions.
Restoring a historic building can present a unique set of challenges. Design requirements, existing conditions, and entitlements can all complicate the process. An experienced team is key to the success of the project. Pavarini McGovern and our sister companies in the STO Building Group have been fortunate to work on several historic NYC buildings, including Lever House, MetLife Building, 100 Vandam, the Barbizon Hotel, and the Irish Arts Center, to name only a few.
Built in 1914, the Lord & Taylor Building in Manhattan served as the retail giant’s flagship store for over a century and helped shape the city’s identity, including introducing Fifth Avenue as a premier shopping destination. In March 2020, Amazon purchased this landmark, transforming the department store (along with the neighboring Dreicer Building), into a modern, dynamic workplace for more than 2,000 employees. This new tech hub is known as “Hank.”
When times are tough, everyone needs a little help. And times have indeed been tough on owners of commercial real estate for the past few years. With COVID changing how and where people work, the demand for office space has declined, leaving most cities with an oversupply of commercial office buildings.