A.E.C
To New Heights: The Palace Theatre is Raised on Broadway
T
heatergoers seeking the historic Palace Theater on Broadway now must look up. Landlord L&L Holding Company literally has raised the rafters (and the rest of the building) 30 feet above Times Square as part of the TSX
Broadway development. TSX Broadway is a 46-story, 550,000-square-foot, $2.5 billion mixeduse development in the heart of Times Square that will reimagine hos-
pitality, experiential retail, dining and entertainment and is expected to be open in 2023. Along with the Palace Theatre, the project will also include Times Square’s only indoor/outdoor performance venue, the district’s largest outdoor terrace, a 600-plus key hotel, 51,000 square feet of building signage and nearly 100,000 square feet of retail and entertainment space. Lifting the theater to unlock 100,000 square feet of valuable ground floor retail space, while maintaining and preserving the landmarked theatre required techniques that defied conventional engineering, the company said. The building combines hotel, retail and the theater.
Thirty-four hydraulic lifting posts were used.
102 MANN REPORT | JUNE & JULY 2022
The building was raised 30 feet.
