1568 Broadway is now dubbed TSX Broadway, a 46-story, 550,000 square foot world-class NYC rebuild. The building will feature a luxury hotel with high-end retail space, a permanent outdoor stage, and huge outdoor advertising space in the heart of Times Square, the most heavily trafficked location in the western hemisphere.
McLaren assisted the steel erector with part of the install procedures for the large plates and the jacking method statement of the steel super columns. The load in the super columns was estimated at 9,000,000 lbs and went up smoothly in only 4 hours!
Demolition on this project began on the 46th floor of the original building, using the elevator shafts as a giant chute to safely discard scrap material and debris from each gutted level. The bottom 25 percent of the existing structure will be preserved and the additional floors rebuilt. The building’s historic Palace Theater will be lifted 30 feet higher from its current position to the future sixth floor of TSX Broadway, in order to make room for new retail space below.