Massive Mixed-Use Tower Coming to Financial District

After months of planning, the 40-story mixed-use tower in the Financial District is finally set for construction. At 77 Greenwich street, formerly known as 42 Trinity Place, designers FXFowle and developers Trinity Place Holdings have big plans for the 280,700 sqft site.

The location, just south of the World Trade Center, was once a retail store for discount suits, and will soon be home to 90 luxury condos, a new elementary school, and retail space.

The building’s 162,127 sqft of residential space will hold 90 luxury condos, with an average of 1,800 sqft, and run about $2,000 to $3,000 per sqft. The planned amenities include a gym, not one but three roof decks shared by all residents, a children’s play area, and a dog spa.

There will be 56,000 sqft for the 476 seat, pre-k through fifth grade elementary school, which will take up the first eight floors of the building. Following those floors will be 28 stories of residential homes, plus two floors for amenities, and two extra floors for mechanicals. Along with the elementary school that starts at the ground level, will be 4,800 square feet of space for retail, as well as the lobby.

The project is planned to be complete by 2019.