HFZ and Bjarke Ingels’ (BIG) “XI” First Tower Tops Out at 76 Eleventh Avenue on the Forefront for Luxury Development in Chelsea

The latest Bjarke Ingels Group (BIG)-designed project hit another milestone as the taller portion of the XI buildings topped out this week. Now the tallest building in the area at 400 feet, the 76^thEleventh Avenue “I” building in Chelsea has swiftly ascended by 34 stories in the last 7 months. New images show the fast-moving construction, and work steadily progressing.

October, 2018

76^thEleventh Avenue, a U.S. Immigration FundEB-5 Project, occupies a premier location on the elevated Highline park, and is the only project of its caliber with direct access to the 1.45-mile-long (2.23 km) Highline park. Alongside this milestone with the 400-foot building at full height, the skyline is shifting, and the uniquely designed “dancing” towers are already enticing potential buyers from around the world.

May, 2018

February, 2018

The XI residences provide unmatched access to the Chelsea Neighborhood and Meatpacking District compared to similar residences in the area. The XI also boasts a much more affordable price per square foot, compared to similar residences.

In addition to a more attractive cost per square foot, residents of the 76^thEleventh Avenue “XI” project can enjoy direct access to a variety of neighborhood luxuries – including the Highline Park, Chelsea Market and the new Six Senses hotel,which is central to the development of the second, smaller 300-foot building. Residents of the XI can enjoy an assortment of luxury amenities – including a 4,000-square-foot fitness center with a 75-foot-long pool, a lounge and gallery, a wine tasting room, a social lounge with billiards, a teen room and playroom for children – in addition to priority access to the Six Senses hotel and club.

Further, residents can quickly walk to local businesses, offices, and retail. Over the last few years, the historical High Line has become central to an inflow of companies including Google, Amazon, Facebook, Salesforce, Spotify, Target and Under Armour corporate offices. Notable retail neighbors include Apple, Lululemon Atheltica and Sephora. With Foragers Market right around the corner, shopping for groceries or take-out is convenient and quick. For a comprehensive guide to the businesses and retail in the area, thisneighborhood directory, is updated in real-time.

The 400-foot-tall tower will be comprised of one to four bedroom residences. One-bedrooms will start at $2.8 million, two-bedrooms from $3.9 million, three-bedrooms from $6.5 million, and four-bedrooms from $9 million. The building will also include half-floor penthouses, starting at $25 million. With a completion date slated for the fourth quarter of 2019, the XI will have 236 residences along the bustling Highline Park.

The 76th Eleventh Avenue project neighbors a variety of completed buildings by Pritzker Prize-winning architect including Renzo Piano, Jean Nouvel and Frank Gehry. Projects by Foster + Partners, Heatherwick Studioand Studio Gangare also underway in the Chelsea and the Meatpacking District. The XI’s timing is impeccable as it leads the path for some of the largest and most notable companies in the development industry.

Contact U.S. Immigration Fund to learn about EB-5 project availability.