SOMA Designs Manhattan's Third Dream Hotel

Developer Soho Properties has acquired 560 Seventh Avenue in New York City. The property, which once housed Parsons The New School for Design, will be transformed into a new mixed-use building with a 20,000 square foot retail space and Hampshires third Dream Hotel in Manhattan.

New York-based SOMA will design the ground-up build, which is valued at more than $300 million and slated for late 2015 construction. Due to the buildings mixed-use program, SOMAs vision of structural cubes will divide the property into four segments.

The first volume will offer three floors and the retail space, while the second will host hotel suites with a metal screen facade that allows for visibility, but privacy. In addition to a sky lobby, restaurant, pool, and lounge, the hotel will boast a rooftop space and three additional terraces.

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SOMA Designs Manhattan's Third Dream Hotel