Question 1

What are the key details for the project “570 Fifth Avenue Office and Retail Tower”?

Accepted Answer

The project “570 Fifth Avenue Office and Retail Tower” is an infrastructure initiative in the Residential sector, located in New York, New York, United States. Taiyo aggregates data on it from Commercial Cafe.

Question 2

What is the latest status of the project “570 Fifth Avenue Office and Retail Tower”?

Accepted Answer

The status recorded for “570 Fifth Avenue Office and Retail Tower” is under construction.

Question 3

Who are the main government, EPC, and private stakeholders for “570 Fifth Avenue Office and Retail Tower”?

Accepted Answer

Taiyo maps the stakeholders of “570 Fifth Avenue Office and Retail Tower”: EPCs/contractors (Extell Development Company).

Question 4

What is the budget and commercial profile for the project “570 Fifth Avenue Office and Retail Tower”?

Accepted Answer

Taiyo normalizes the budget of “570 Fifth Avenue Office and Retail Tower” to USD 292000000.

Question 5

Where can I verify the source and access all details for “570 Fifth Avenue Office and Retail Tower”?

Accepted Answer

This Taiyo project page references Commercial Cafe along with the original URL (https://www.commercialcafe.com/blog/law-firm-simpson-thatcher-joins-ikea-at-new-fifth-avenue-tower/). Taiyo standardizes official data into a consistent, searchable project profile.

Original status	under construction
Taiyo status	Under Construction
Taiyo last update	2026-07-22

Description	Extell Development is constructing a 29-story office and retail building at 570 Fifth Avenue in Manhattan, anchored by Ikea. The tower will occupy the entire block between West 46th and West 47th streets and is projected to be completed by the end of 2028. The project replaced earlier plans for a 78-story mixed-use tower and secured financing from South Korea's IGIS Asset Management.
Original sector	Commercial Real Estate
Budget

Record type	Project
Sector	Residential, Commercial
Article published date	2025-09-21

570 Fifth Avenue Office and Retail Tower

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

570 Fifth Avenue Office and Retail Tower

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