Par Case Study: The Graduate Roosevelt Island Hotel
In June of 2015 Cornell University broke ground on a new $2 billion campus located on Roosevelt Island, with the initial phase of the project being the construction of several key facilities. The first is a four-story main academic building named The Emma & Georgina Bloomberg Center, the central hub of the campus. The second, a six-story building called The Bridge, will have 230,000 square feet dedicated to research, tech companies and entrepreneurs. This facility will also include 6,500 square feet of retail space. The third building will be a twenty-six-story residential building named The House, containing 350 apartments for students and faculty.
Along with these facilities, AJ Capital Partners and Cornell University are constructing The Graduate Hotel, the latest addition in a hotel portfolio that focuses on college towns. The Graduate Roosevelt Island will be an 18-story structure marking the entrance to the campus, adjacent to alongside the 40,000 square foot Verizon Executive Education Center. This hotel will "...create a place where the entire tech community can convene in New York City, expanding the impact our [Cornell University] campus will have on technology beyond its degree programs”, says Dan Huttenlocher, Cornell Vice Provost and Dean of Cornell Tech.
In June of 2018, Par Plumbing, a division of The Par Group, began work in the hotel on Roosevelt Island. Contracted by Hunter Roberts Construction Group, Par is responsible for the installation of all plumbing systems as well as furnishing and installing American Standard and Grohe fixtures throughout the hotel. Par is providing all roughing and final connections within the kitchen and bar areas on the 1st, 2nd, 3rd, 17th, and 18th floors and the cellar. Hotel amenities will include a full-service restaurant, a rooftop bar with views of Manhattan and 5,200 square feet of event space. The hotel is billed as the "premier hotel on Roosevelt Island” and is set to be completed by the spring of 2020.
The hotel and education center will mark the completion of the first phase of a three-phase construction project, with the last phase expected to wrap up in 2043. When fully completed, the campus will span 12 acres on Roosevelt Island and accommodate over 2,000 students, faculty and staff.
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