Developer Related Group and partner Tricap held a groundbreaking ceremony yesterday for the Nomad Residences building, which will feature 329 residential units when complete. Lndmrk Development is also a partner in the project.
The groundbreaking ceremony took place after over 75% of units had been put in contract, developers said.
The project is being developed in partnership with NoMad Hotels, and its parent company, Sydell Group.
Owners will be permitted to rent their units on a short term basis without restrictions. Units will be delivered furnished, and there will be an on-site management team to handle check-in and check-out.
Casa Tua Cucina will anchor the ground floor space.
There will also be a rooftop restaurant and bar, The NoMad Bar, helmed by James Beard Award Winner Leo Robitschek.