Posted Sep 24, 2018, 3:42 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
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https://www.bisnow.com/new-york/news...tan-west-93134
Inside Brookfield's Manhattan West Megaproject
September 23, 2018
Miriam Hall
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Once Complete, Brookfield's Manhattan West mixed-use project will feature 6M SF of office space, a 2-acre public park, a boutique hotel, more than 200K SF of retail space and a luxury rental tower, all put together with 100,000 tons of steel. The first of the megaproject’s two brand-new office buildings, One Manhattan West, topped out last month and was shown to the media Friday.
Once Complete, Brookfield's Manhattan West mixed-use project will feature 6M SF of office space, a 2-acre public park, a boutique hotel, more than 200K SF of retail space and a luxury rental tower, all put together with 100,000 tons of steel. The first of the megaproject’s two brand-new office buildings, One Manhattan West, topped out last month and was shown to the media Friday.
The view from the 60th floor, which is not yet built out and has been leased to consulting firm Accenture, shows views of Hudson Yards, downtown Manhattan and the Empire State Building.
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The Skidmore, Owings, and Merrill-designed building, slated to open in the last quarter of 2019, is already 90% leased. Accounting firm EY has the largest lease there, signing up for 640K SF in the 67-story, 2.1M SF building last year. Law firm Skadden Arps, Slate, Meagher & Flom LLP has leased 635K SF, while Accenture and the National Hockey League have inked deals for 250K SF and 175K SF respectively.
The second ground-up office tower, Two Manhattan West, is currently in foundation and no leases for the 2M SF of available space have been announced so far.
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Brookfield is also bringing the city’s first Pendry Hotel, a 164-room operation, to the site, as well as 240K SF for food, retail and pop ups. Whole Foods and cycling concept Peloton have inked leases on the site.
Along with the new hotel, the two new office towers and the luxury rental tower, known as the Eugene, the $4.5B project features the Lofts, a 200K SF existing office building, and Five Manhattan West, a 1960s-office building Brookfield spent $350M redeveloping. Amazon and JPMorgan Chase are tenants in that building, which has made Brookfield at least $500M already. The Lofts will feature the Far West Side's first coworking space when Spaces opens its doors.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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