From Hotel Business:
NEW YORK—CitizenM New York Bowery is nearing its official grand opening as the world’s largest modular hotel. Located at 189 Bowery in Manhattan, the Rinaldi Group led the construction of this project.
The CitizenM hotel will have 300 guestrooms; all assembled using sealed, fully furnished, and prefabricated units. The CitizenM is approximately 240-ft. tall, rising 20 stories with 210 pods and a total of 100,296 sq. ft. of space. In addition, there will be an exterior and interior rooftop bar and lounge called CloudM with 360-degree views of the city skyline. There also will be a fitness center, a double-height lobby, lounge and cafe at the property.
Modular construction is one of the fastest growing real estate trends in the country, following its success in Europe and Asia, according to Anthony Rinaldi, founder and CEO of Rinaldi Group.
Among the many advantages to modular construction are the saving of considerable cost and time, which, particularly in Manhattan, limits street closures, keeping them clear and safe for pedestrians, according to the company. Modular construction methods can reduce a project’s completion time by as much as 50%, allowing companies, residents and guests to occupy the space far ahead of the typical building schedule.
“The modular building process can significantly reduce the cost of labor, materials and transportation plus, by its uniformity of design, it minimizes waste,” said Rinaldi. “It’s also superior environmentally and lessens the amount of traffic congestion which is key in urban areas such as Manhattan.”
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