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Youngwoo Breaks Ground on Washington Heights MXU
Youngwoo & Associates (YWA), and partner Beijing Construction and Engineering Group International, have broken ground on The Radio Tower & Hotel, a ground-up development project in Washington Heights. To be developed on a former gas station site that YWA acquired in 2013, the property is reportedly one of the nation’s first development projects to launch construction in an Opportunity Zone.
The 22-story, 295-foot building, on Amsterdam Avenue between 180th and 181st streets, will include a 155,000-square-foot Class A office tower, 221-key boutique hotel and 8,000 square feet of ground floor retail.
“My hope is that this building will become a great source of pride for the Washington Heights community, and a gathering place for local residents and their guests,” said YWA principal Young Woo.
A Lee & Associates team of John Cannon, Steve Lorenzo, Mitchell Salmon, Christopher Ventura and Sergio Turaev has been retained as exclusive leasing agent for the project’s office and retail spaces.
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