In November, developer Six Sigma NYC locked up $4 million worth of air rights to build condominiums along the High Line in Chelsea. Now they’ve filed plans for the project at 517 West 29th Street, between 10th and 11th avenues.
The development will replace an old, six-story loft building that sits 100 feet away from the elevated train tracks-turned-park. The 12-story, 43-unit project will hold 56,163 square feet of residential space, for a typical unit measuring 1,300 square feet.
Each floor will hold three to five units, and the top story will have a shared roof deck and a pool.
S&S Architectural Design will be responsible for the look of the building. The façade will feature gridded, floor-to-ceiling windows, angled balconies, and landscaped green walls in the outdoor spaces, according to the rendering.
Six Sigma purchased the 9,900-square-foot site for $54.75 million in 2015, before spending another $3.92 million on an additional 4,900 square feet of High Line Transfer Corridor air rights last year.
Next door at 515 West 29th Street, another old loft building is being converted to condos. The front of the building was ripped off, but portions of the former steel structure and a retaining wall were kept so that the project would qualify as a conversion, rather than a new building. The architect behind that project, Soo Chan, is also designing the under-construction Soori High Line a few doors down.