Macy’s Inc. is pursuing plans to build an office tower over its block-long flagship store in Herald Square, Midtown. Proposals include upward of one million square feet of office space, a sky lobby with views of the city, and public improvements to the surrounding open spaces and subway stations. Today, YIMBY has the reveal for the tower, which was posted by forum users after being spotted within a Macy’s release this week, which showcase the skyscraper as it would stand atop the iconic Midtown retailer.
The Wall Street Journal reports the retailer aims to build 1.5 million square feet of office space, capitalizing on the thriving office market as a revenue stream. Just last week, Macy’s announced it will be closing 125 department stores over the next few years.
The tower is likely to range between 700 and 950 feet tall, with the advantage of the store as the podium potentially giving it supertall status. Renderings released show a glass facçade with a few setbacks and a crown.
Macy’s Herald Square location is near the Garment District, an area now packed with tech, media, and design companies. It’s also conveniently located next to Penn Station, and a number of subway lines, and the PATH train.
Company public filings show the retailer has been in discussions since last year with city and state officials to get the green light for the project.