AECOM Tishman taking on another Waterline Square building

Company is one of the city's most active general contractors
By Kathryn Brenzel | May 24, 2017 06:33PM

Rendering of Waterline Square (inset: AECOM Tishman President Jay Badame)

In the last seven years, several things have changed for a massive development on the Far West Side: its name, its owners and its architects. A mainstay for Waterline Square, however, seems to be the construction team.

AECOM Tishman has served as construction manager for a majority of the development, and recently approved permits show that the company is also handling construction at 635 West 59th Street, the Rafael Viñoly-designed condominium that’s branded as Three Waterline Square.

In November, developer GID Development tapped starchitects Viñoly, KPF and Richard Meier to design its three towers, respectively, at 635 West 59th Street, 400 West 61st Street and 10 Riverside Boulevard. GID landed a $2.3 billion financing package for the project that same month.

The developer gradually scooped up the sites in 2015 from Extell Development and the Carlyle Group for a total of $675.9 million. Extell and Carlyle originally envisioned the project as Riverside Center, a 77-acre mixed-use development, but the developers ended up selling off pieces of the development site after years of delays.

Construction is underway at all three of GID’s towers, which are expected to be complete in 2019. Tishman also served as construction manager on 50 Riverside Boulevard, known as One Riverside Park, a 200-plus unit condo tower developed by Extell. A spokesperson for Tishman indicated that the company has worked on the Waterline development since 2014, when it began some pre-construction work.

Tishman, along with AECOM’s other construction arm Hunt, took the top spot of The Real Deal’s first-ever ranking of the city’s top general contractors.

(To view contracting companies in TRData’s database, click here)