295 Fifth Avenue

Commercial Repositioning for Tribeca Investment Group

JRM Construction Management is working on a building repositioning project for Tribeca Investment Group at 295 Fifth Avenue, also known as the storied Textile Building. The 600,000 SF, $120M scope includes a complete repositioning of the existing commercial building to meet the needs of a modern workforce. Work on the full-block, 16-story project begins with a full gut of the space and demolition of the top floor. JRM will construct a new two-story, 34,000 SF penthouse atop the 100-year-old structure with new outdoor terraces, green spaces, and light-filled office floors. The ground-floor archways will receive a floor-to-ceiling glass treatment and metal panels that complement the brick façade. Additionally, a new lobby will be built-out with a cafe, library, and access to the new first-floor courtyard. Upgrades to the building’s critical infrastructure systems include new elevator cores, new window systems, a fire suppression system, and state-of-the-art HVAC equipment.