278 Eighth Avenue Tops Out in Chelsea, Manhattan
![32BD7BD5-E5C8-45C5-BE03-8FC8F1780FFE](https://newdevrev.com/wp-content/uploads/2023/01/32BD7BD5-E5C8-45C5-BE03-8FC8F1780FFE-scaled-660x440.jpeg)
Construction has topped out on 278 Eighth Avenue, a 14-story mixed-use building in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the 175-foot-tall structure will yield 132,700 square feet with 190 rental apartments and multiple levels of retail space. Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the project, which is being constructed by Leeding Builders Group between West 23rd and West 24th Streets.
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