Crazy Futuristic Hotel at 55 Wythe in Williamsburg Now Under Construction, Developer Zelig Weiss Scores a $18.4M Loan for the Site
The new Level Hotel planned for 55 Wythe in Williamsburg wasn’t much more than a rendering when it was revealed last month, but one of 6sqft’s intrepid reporters swung by the site recently only to find that construction on the Jetson’s-like building had commenced. Permits for the 320,000 square foot hotel were approved in early April, and according to locals, heavy equipment arrived on the scene a few weeks ago with groundwork now well underway.
Now, further cementing Level’s status as a hotel of the future, the hotel’s developer, Zelig Weiss, closed on an $18.35 million loan from Madison Realty Capital to purchase the site for about $30 million, according to Crain‘s.
The new hotel is being developed by Zelig Weiss and comprises 183 luxury hotel rooms, 40,000 square feet of retail and 20,000 square feet of office space across 22 floors. Ground floor units will boast ceilings 18 to 23 feet high. And in true Williamsburg/Brooklyn fashion there will also be a 20,000-square-foot rooftop farm that will be accessible to the public. Guests (and their friends) can also look forward to a pool deck and a gym.
As Williamsburg’s unprecedented growth (and gentrification) rages on with new haunts popping up left and right, this wacky new development to the north doesn’t seem that out of this world after all. Completion is slated for Spring 2016 — but surely not soon enough for kids still waiting in the block-long line that wraps neighboring Wythe Hotel.
[Related: Google Maps Street View Shows Us How Much Williamsburg Has Changed Since 2007]
Renderings via The Shopping Center Group; Construction images by 6sqft
