Plans Come To Light for $100M Condo Project

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NEW YORK CITY-After creating a bit of a buzz by sending out packages of seeds to local industry players, details are finally coming to light regarding SoHo Mews. The two-building residential complex at 311 W. Broadway, which is being developed by United American Land, will house 68 luxury units and will cost $100 million to construct.

Construction will begin later this month to build a 175,000-sf, two-building complex on the site of a former parking lot. One of the buildings will face West Broadway, while the other will face Wooster Street, between Grand and Canal streets.

Gwathmey Siegel & Associates Architects designed the project, which will have a connecting garden between the structures that was designed by landscape architect Peter Walker.

The 175,000-sf SoHo Mews will have 59 two- and three-bedroom units, five two-story townhouses and four penthouses. The units will range in size from 1,200 sf to 3,900 sf and in price from $2.1 million to $11 million. The first residents should be able to move into the building by the fall of 2008, according to Albert Laboz, of United American Land. Residents of SoHo Mews will receive a full membership to the New Museum of Contemporary Art.

The United American Land executive tells GlobeSt.com that the firm is negotiating with a “top marquee chef to open a restaurant in the ground floor of the West Broadway building.” The restaurant will cater to the project’s residents. SoHo Mews will also contain 4,500 sf of ground floor retail. Negotiations are under way with several high-end retailers, but Laboz declined to comment further.

Unlike other luxury condo projects currently coming out of the ground, SoHo Mews will not seek LEED certification and has no plans to add sustainable elements to the development of the two towers, beyond the garden that will sit between them. Other local projects incorporating green include, the $300-million Visionaire going up in Battery City Park.