Founded in 1953 by the Riu family of Spain, this 3rd generation, 5-Star, international hotel chain started as a small holiday hotel over 60-years ago. Today, Riu specializes in sun and sand holiday resorts and enjoys it’s current ranking as, according to Hotels Magazine, the 30th largest hotel chain in the world with over 100-hotels in 16-countries and 25,000 employees welcoming more than 3.2-MM guests per year.

With the inauguration of it’s first urban hotel in 2010, Riu widen it’s range of hotel products with a new city hotel line called Riu Plaza and with Riu Plaza Times Square, it lands only it’s second hotel in the United States behind Miami’s South Beach resort location in sunny Florida.

Given Riu’s existence and longevity, it’s purchasing power on FF&E specialties and products has helped reduce their overall CM contract value, although the overall hard cost of construction is estimated to be approximately $115-MM, all-in.

This high-profile hotel Project shall be the first $100-MM+ non-Union construction project in New York City history.

301 W. 46th ST.

NEW YORK, NY

VALUE
$123,571,352

SIZE
29-to-31 Stories
7-Story, HPD Housing Component with 12-Units
5-Story Townhouse Component with 8-Units
Hotel 641 – Keys
334,812 GSF

DESCRIPTION
New ground-up construction of a full service luxury hotel featuring a restaurant, a bar, a café with take- away service and an exercise room located on the corner of 8th Avenue and W. 46th Stree

ARCHITECT
Berg & Flynn Architecture

STRUCTURAL ENGINEER
Desimone Consulting Engineers

MEPS ENGINEER
TWIG Consulting Engineers

OWNER/DEVELOPER
RIU Hotel & Resorts

PROGRESS
100%