Renovation work is moving along on 111 Wall Street, a 25-story commercial building in Manhattan’s Financial District. Designed by STUDIOS Architecture and developed by Wafra Capital Partners and The Nightingale Group, the $100 million project involves the replacement of the structure’s midcentury façade with a modern glass curtain wall and the full gut renovation of its 1.5 million square feet of office space, as well as the construction of an expanded lobby and amenity spaces designed by URBN Playground on the lower floors. Hunter Roberts Construction Group is the general contractor and JLL is handling leasing for the property, which is bound by Wall Street and Mannahatta Park to the northeast, Front Street to the northwest, South Street and the FDR Drive to the southeast, and Gouverneur Lane to the southwest.
Significant exterior progress has occurred since our last update in early January, when the new envelope was nearing the halfway mark. Recent photos show floor-to-ceiling windows and surrounding bronze-hued paneling covering nearly the entirety of the building. The vertical stack of scaffolding has also been dismantled from the eastern elevation and the gap where it was attached has been enclosed. Only a portion of the top floor and a column at the center of the structure remain to be filled.
111 Wall Street’s redevelopment also includes a new 170-foot-long public plaza surrounding the ground floor along Wall Street. The cellar will house The Parlour, a retail space with multiple food and beverage vendors. Tenants will have access to advanced ordering from these merchants through the 111 Wall app. Also below grade is The Forum, which will consist of a 152-seat conference center split into two conference rooms with 76 seats each, a boardroom with 20 seats and overflow accommodations, and two abutting lecture-style halls with 100 total seats. Other cellar-level amenities include a free fitness center for tenants with full-service locker rooms and showers, Peloton bikes, and a rotating group class program. The building will also have storage for 170 bicycles and charging stations for 20 electric scooters, 80 lockers, and a barista bar that can be converted into a cocktail bar for evenings and special events.
Floor plates range from 36,476 square feet on the second level up to 49,321 rentable square feet on the 23rd story, with flexibility in the layout of offices taken into account. Average ceiling heights will vary from 12 to 15.5 feet tall.
111 Wall Street’s transformation is anticipated to finish before the end of the year.
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When I was viewed from exterior of the building which looks straight to the corner, so hardy from the shooting position and it’s not about this area with many tall buildings. Very sharp should show in one of a beautiful facade, for the next neighbors to nearby: Thanks to Michael Young.
What are they doing to waterproof the basement levels, which filled up like a bathtub to the lobby during Superstorm Sandy? It’s a nice facade improvement. Still not a great building but it’s huge and worth redoing.
What’s a “dedicated reception desk”?
Couldn’t be much worse
This klutz of a building would look right at home in Omaha circa 1960.