In February, we reported that an automobile dealership building in Hell’s Kitchen was going to grow vertically, to add office space. Now, we can show you architect Rafael Viñoly’s design for 787 Eleventh Avenue.
The existing building, located between West 54th and West 55th streets, is eight-stories-tall. The expansion will add two stories and 86,000 square feet, bringing the building’s total square footage to over 500,000.
The expansion is being developed by the building’s new owners – The Georgetown Company and Bill Ackerman, along with partner Santa Monica, Calif.-based Main Street Advisors. They closed on the building last July for about $250 million.
The redevelopment will include an open floorplate measuring over an acre in size, 24-foot ceilings in certain areas, oversized windows to let in abundant natural light, executive parking in the basement, a 12,000-square-foot roof deck for the exclusive use of office tenants, and a partnership with the adjacent Mercedes Club. There is a Citi Bike station across the street.
The lower floors’ 265,000 square feet will be leased to BNF Automotive Group and Nissan North America, for showrooms and service facilities for Jaguar, Land Rover, Nissan, and Infiniti.
“We’re excited to work with our partners and Rafael to create a truly unique property in the Clinton neighborhood,” said Adam Flatto, CEO of The Georgetown Company, in a statement. “With the Far West Side quickly emerging as the center of new activity in Manhattan, we see demand exploding for modern, creative office space.”
“Georgetown has a reputation for developing the very best properties so it’s an honor to join with them on this project,” said Viñoly. “The opportunity to combine the building’s historic architecture with a sleek and modern design is one I could not pass up.”
Completion is expected at the end of 2017.