Located at Park Place and Church Street in Tribeca, Four Seasons Hotel and Private Residences New York, Downtown will incorporate a 185-room hotel and 157 Four Seasons branded luxury private residences. The development will also include a public plaza. It shares a city block with the Woolworth Building and is located one block away from the new World Trade Center.

Larry Silverstein, president and CEO of Silverstein Properties, expressed confidence in the project's neighborhood. “Downtown is fast becoming a vibrant, integrated, mixed-use destination on a scale not seen in New York City since Rockefeller Center in 1939,” he says in the announcement.

Martin Frass-Ehrfeld, partner at the Children's Fund, adds in the announcement, “This project perfectly fits our investment strategy in New York city which includes other high end residential projects such as 432 Park Avenue and 737 Park Avenue.”

Robert A.M. Stern Architects is the architect for the building. SLCE Architects is the architect-of-record. Tishman Construction, which built 7 World Trade Center for Silverstein Properties in 2006 and is the general contractor for Silverstein's 3 and 4 World Trade Center, is serving as construction manager on the project.

The hotel entrance on Barclay Street will lead visitors into three floors of lobbies, lounges, a restaurant, ballrooms, and meeting facilities, as well as a spa, fitness center and pool. A second entrance to the restaurant will be located on Church Street. The public rooms of the hotel will face a through-block, landscaped public plaza framed by a lower annex building that conceals building services and access to below-grade parking.

A separate entrance and lobby at 30 Park Place will serve the private residences, each of which will enjoy full access to all hotel amenities. The residences also will feature 11 foot ceilings and formal entry foyers leading to light-filled living spaces, some with grand bay windows.