Columbia Property Trust

Evening rendering of Terminal Warehouse in West Chelsea - Credit COOKFOX

YIMBY Tours Terminal Warehouse At 261 Eleventh Avenue in West Chelsea, Manhattan 

YIMBY recently went on a tour of Terminal Warehouse at 261 Eleventh Avenue in West Chelsea, Manhattan. The original 132-year-old George Mallory-designed structure is being extensively renovated and now features a new six-story office pavilion designed by COOKFOX Architects and redeveloped by L&L Holding Company, Columbia Property Trust, and Cannon Hill Capital Partners. New Line Structures & Development is the general contractor for the 1.3-million square foot development, which will cost $2 billion-plus, stand 13 stories tall, and yield new Class A office suites, around 100,000 square feet of new outdoor green space including 29 private terraces and a central courtyard, ground-floor retail space, and multiple dining options. Cushman & Wakefield is the exclusive listing agent for both office and retail. Terminal Warehouse takes up a full city block bound by West 28th Street to the north, West 27th Street to the south, Eleventh Avenue to the east, and Hudson River to the west. Floor plates vary in size up to 160,000 square feet.

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Evening rendering of Terminal Warehouse in West Chelsea - Credit COOKFOX

Terminal Warehouse Redevelopment Tops Out at 261 Eleventh Avenue in West Chelsea, Manhattan

Construction has fully topped out on Terminal Warehouse, a seven-story commercial addition above a historic building at 261 Eleventh Avenue in West Chelsea, Manhattan. Designed by COOKFOX Architects and developed in collaboration by L&L Holding Company and Columbia Property Trust, the building will comprise 1.3 million square feet of Class-A office and retail space.

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Rendering of Terminal Warehouse at 11th Avenue (Credit: COOKFOX)

Terminal Warehouse Expansion Continues Construction at 261 Eleventh Avenue in West Chelsea, Manhattan

Construction is continuing on Terminal Warehouse, where a seven-story commercial addition is being erected above the historic 132-year-old building at 261 Eleventh Avenue in West Chelsea, Manhattan. Designed by COOKFOX Architects and developed by L&L Holding Company and Columbia Property Trust, the $1.25 billion project was approved by the Landmarks Preservation Commission in January 2020 and consists of an indoor-outdoor renovation that will yield a mix of Class A office suites, retail space, and multiple dining options on the ground floor. DeSimone Engineering is performing the structural engineering, and New Line Structures & Development is the general contractor for the property, which spans a full city block bound by West 28th Street to the north, West 27th Street to the south, Eleventh Avenue to the east, and West Street to the west.

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Rendering of Terminal Warehouse at 11th Avenue (Credit: COOKFOX)

Terminal Warehouse Expansion Progresses at 261 Eleventh Avenue in West Chelsea, Manhattan

Construction is progressing on Terminal Warehouse, where a seven-story commercial addition is being constructed above the historic 132-year-old building at 261 Eleventh Avenue in West Chelsea, Manhattan. Designed by COOKFOX Architects and developed by L&L Holding Company and Columbia Property Trust, the $1.25 billion project was approved by the Landmarks Preservation Commission in January 2020 and will reinvigorate the structure with a mix of Class A office suites, retail space, and multiple dining options. New Line Structures & Development is the general contractor for the property, which spans an entire city block bound by West 28th Street to the north, West 27th Street to the south, Eleventh Avenue to the east, and West Street to the west.

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101 Franklin Street Prepares for Renovations in Tribeca, Manhattan

Renovation work is ramping up on 101 Franklin Street, a 16-story commercial building in Tribeca. Designed by Rafael Viñoly Architects and developed by Columbia Property Trust, the project involves the replacement of the mid-century façade with a new modern glass curtain wall, as well as an overhaul of the 235,000 square feet of office space. The property was originally constructed in 1948 and is located along the west side of Church Street between Franklin and Leonard Streets. Urban Atelier Group is serving as the construction manager of the project.

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