What is the latest status of the project “175 Park Avenue Mixed-Use Tower”?

The status recorded for “175 Park Avenue Mixed-Use Tower” is Planning Schematics.

What is the budget and commercial profile for the project “175 Park Avenue Mixed-Use Tower”?

Taiyo normalizes the budget of “175 Park Avenue Mixed-Use Tower” to USD 985334076. The procurement structure is Design-Bid-Build.

Where can I verify the source and access all details for “175 Park Avenue Mixed-Use Tower”?

This Taiyo project page references Dodge USA along with the original URL (https://www.construction.com/projects/dr-201900543567-175-park-avenue-mixed-use-tower). Taiyo standardizes official data into a consistent, searchable project profile.

175 Park Avenue Mixed-Use Tower

Sector: Hotel • Location: New York, United States of America

Source: Dodge USA

Project

Planning Schematics

Demolish the Hyatt Grand Central New York hotel in Midtown East - construct a new 1,575-foot-tall 85-story tower with 2.1M SF of office space, a 500-room hotel across 453K SF on the upper floors, 10K SF of retail on the ground, cellar, and second floors, and a 25K SF elevated public plaza along the eastern side of the property and abutting the adjacent Grand Central Terminal.

Status: Prospective
Sector: Hotel, Residential, Commercial, Car parking, Automotive, Manufacturing (Industrial)
Location: New York, United States of America
Updated: 22 Jul 2026
Source: Dodge USA

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Project Information

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The project “175 Park Avenue Mixed-Use Tower” is an infrastructure initiative in the Hotel sector, located in New York, New York, United States of America. Taiyo aggregates data on it from Dodge USA.

Participants

Not available for this record.

Status

Original status	Planning Schematics
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Demolish the Hyatt Grand Central New York hotel in Midtown East - construct a new 1,575-foot-tall 85-story tower with 2.1M SF of office space, a 500-room hotel across 453K SF on the upper floors, 10K SF of retail on the ground, cellar, and second floors, and a 25K SF elevated public plaza along the eastern side of the property and abutting the adjacent Grand Central Terminal.
Procurement method
Budget

Location

Country	United States of America (USA)
State	New York
City	New York

Source

Source	Dodge USA
URL

More Details

Record type	Project
Sector	Hotel, Residential, Commercial, Car parking, Automotive, Manufacturing (Industrial)
Article published date	2024-07-22

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175 Park Avenue Mixed-Use Tower

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