Real Estate Weekly
Image default

Partners top out mixed-use Columbia apartment/school tower

Lendlease, L+M Development Partners and Daiwa House Texas, have topped Claremont Hall, their 354,000 s/f academic and residential building adjacent to the Columbia University campus.

Located at 100 Claremont Avenue, the topping out marks the completion of the concrete superstructure phase of the building and brings Claremont Hall to its full 41-story height, marking a significant milestone toward the project’s completion in 2023.

Robert A.M. Stern Architects designed Claremont Hall in collaboration with Union Theological Seminary, a 180-year-old center of theological education, to integrate with the broader campus and surrounding neighborhood.

When fully constructed, Claremont Hall will provide approximately 54,000 s/f of modern classrooms, academic offices and faculty-designated apartments. The remainder of the building comprises approximately 165 condos for sale offering a mix of one-, two-, three- and four-bedrooms.

 The new building is targeting the U.S. Green Building Council standards for LEED Gold Certification.

Melissa Román Burch, executive general manager at Lendlease, commented, “We are extremely proud to see our vision take shape, as both developer and construction manager, in a way that respects the historic context of the neighborhood and supports the work of the Union Theological Seminary and all of our neighbors in this thriving community.”

The development partnership has pledged $5 million toward the Morningside Heights community and has funded $1.3 million to date, enabling financial support for community groups working to address impacts of the pandemic in the community and beyond.

 Over the course of the 5 year pledge, $1.1 million will go to community groups based in Morningside Heights, including a newly created fund by the Morningside Heights Community Coalition at the New York Community Trust called the Morningside Heights Community Fund, and to P.A.’L.A.N.T.E, a group that fights homelessness and the displacement of vulnerable tenants. The remaining $3.9 million pledged will be released at the completion of the project and will enable social justice programming to develop the next generation of community leaders.

Related posts

Birch Group Reaches 90% Occupancy at 700 Alexander Park in Princeton


Crow Holdings Breaks Ground for New Logistics Development on Site of Former Marcal Paper Factory


EAH Housing Kicks Off Multi-Phase Affordable Housing Project, Extends Mission of Serving Senior and Special Needs Communities