Marriott International has announced that the Rafael Viñoly-Designed Ritz-Carlton will break ground at 1185 Broadway in NoMaD. Permits were filed in 2016 with a proposed total development of 164,400 SF. The luxury hotel tower will rise 40-stories, 580', and will feature a 250-key hotel and 16 private residences. Interiors will be by Yabu Pushelberg and the tower's design will feature a selection of terraces with green space. The project is being developed by Marriott International, Ritz-Carlton Hotel Company and the Flag Luxury Group, led by Paul Kanavos. Amenities will include a branded The Ritz-Carlton Spa, a state-of-the-art fitness center, bicycle parking, a rooftop bar and a ground floor fine-dining restaurant with bar. The project is being financed by Atalaya Capital, who assumed the existing $50 million mortgage on the property and provided a $108.3 million building loan and $91.3 million project loan.
