Two of Times Square’s historic theaters are about to be revived. The developers behind the Palace Theater and Times Square Theater released plans for renovations and new additions.
Renovations to the Palace Theater will include a 30-foot raise to allow for retail space on the ground level. The DoubleTree hotel above it will be demolished and turned into a 46-story tower with dining options, retail, and a hotel inside. The complex will be called TSX Broadway and will include a 4,000-square-foot venue which will be suspended at 30-feet above Times Square. It will also include Times Square’s largest outdoor terrace, which will be 10,000-square-feet once completed. The hotel is expected to have a whopping 669 rooms!
As for the Times Square Theater, most of structure will be restored, with the addition of a two-story glass space. The renovations will include a glass box overhang on the second floor, and two terraces (one on the third floor and the other on the fourth floor). After being closed for the last 30 years, the space is expected to become a retail venue once open.
Here are more renderings of the Palace Theater, TsX Complex: