14-Story, 200-Key Hotel Coming To 225 Bowery
Developers Omnia Group and North Wind Group are in the midst of transforming a former Salvation Army shelter on the Lower East Side into a brand-new hotel.
The developers acquired the site, a 10-story, 55k SF building at 225 Bowery, in 2014 for a little north of $30M. The redevelopment project will expand the building by four stories, and absorb a recently demolished three-story structure at 223 Bowery, NY Yimby reports.
The new structure will be a 14-story, 200-key Ace Hotel with a roof terrace and gym. Plans call for a 130-seat restaurant and retail on the ground floor, while a bar is on tap for the hotel’s 11th floor. HAKS has been tasked with design.