Landmark Developments
What are some landmark buildings from major developers that come to mind? I feel like even though I've been in industry for a bit now, I still haven't gotten a great grasp of who has done what, other than the general reputation of companies.
Obvious ones being Hudson Yards and The Vessel with Related, One Vanderbilt with SL Green/Hines, and Salesforce Tower with Hines. Cool neighborhoods/master planned developments would be interesting as well. Anyone have any specific insights or anecdotes about these majors developments that aren't particularly well known?
Freedom Tower for Silverstein. 15 CPW and One Union Square East for the Zeckendorfs (both of which were transformative properties for the neighborhood). 4540 and the surrounding buildings in Long Island City (the project near the PepsiCo sign) for TF Cornerstone. Essex Crossing in the LES. Hunters Point South will be fairly transformative, if/when it finishes. One57, which was the slight predecessor to 432 Park and all the Billionaire's Row towers and so edges those out in my mind.
Sort of depends on what you consider "landmark," aside from the obvious like Rockefeller Center or the Chrysler Building or whatever. Some of those projects, as you say, were groundbreaking in the sense that they represented a gamble which has since massively paid off - One57, the Zeckendorf projects mentioned, One Vanderbilt projects come to mind. Some, like the Freedom Tower, are just iconic parts of the skyline. Essex Crossing, Hudson Yards, the TF Cornerstone sites in LIC.... these created or recreated entire neighborhoods.
Some of it is more complex. One South First (the iconic Domino Sugar Factory redevelopment building) sort of defines the Williamsburg skyline, and is obviously a cool building, but One Northside Piers was really the first project to gamble on building luxury rentals on the North Brooklyn waterfront, pre-GFC... is one more iconic than the other? YMMV depending on whether you prefer first movers or the people who will be remembered 25 years from now. I can see the argument for the latter, but as a developer I find the former to be more intriguing and praiseworthy.
Thanks for the insight. While NY is full of impressive buildings, I'd like to include major master planned developments and "block builders" in recent years as significant developments. Something like Zeppelin & RiNo is, in my opinion, as groundbreaking for the area but not as renowned and "landmark"-ish as many of the NYC or Chicago sized buildings.
Most cities in the US don't have the soils or land pricing to justify the taller buildings so I'd consider this style of development and capital allocation as the regional equivalent.
What Paul Allen and Vulcan did for South Lake Union in Seattle was pretty transformative. The neighborhood used to be mostly industrial until Paul Allen started buying up the land and building offices and apartments. Now it's basically Little Amazon with major tech and life science tenants.
Greenwood Village and John Madden Company is another example, but probably on a smaller scale.
Jamestown redeveloped Ponce City Market in Atlanta. They basically gut renovated a former1920s -vintage Sears showroom & distribution facility into a mixed-use office/retail/multi family property that achieves some of the highest rents in the city. This along with the addition of the east side belt line were the two big projects that really kicked off the revitalization of Atlanta’s Old Fourth Ward neighborhood.
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CIM’s Centennial Yards in Atlanta
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