Real Estate Weekly
Image default
Deals & Dealmakers

Moinian breaks ground for Chelsea office tower

The property is being built on spec.

The Moinian Group has broken ground for the Hudson Arts Building, a ten-story, 200,000 s/f Class-A office tower located at 220 11th Avenue.

The ground-up, state-of-the-art development will offer tenants open, column-free floor plates, ceiling heights up to 17 feet, and 15,250 s/f of outdoor space.

It will has one of the largest newly-built rooftop spaces in Manhattan, spanning the entire avenue front from West 25th to West 26th Street.

Positioned as one of the only new construction block-front commercial projects on 11th Avenue, Hudson Arts Building is located at the intersection of the Meatpacking District, the Highline, the Hudson Yards District, and the West Chelsea arts district.

The Hudson Arts Building will be built on spec, with occupancy in the Q3 of 2022.

Peter Riguardi, president of the New York Region at JLL, as well as colleagues Frank Doyle, Cynthia Wasserberger and Georgina Cook, will lead the Hudson Arts Building leasing efforts.

The development will also include a flagship multi-level level retail space totaling up to 25,000 s/f with 30-foot ceilings, designed to cater to world class art tenants that seek to establish a hub in the West Chelsea Art’s district.

“The Hudson Arts Building is the fusion of matchless design, the Highline, Hudson River, West Side energy, and artistic expression, providing the ideal location for tenants looking to establish an inimitable presence in the city,” said Mitchell Moinian, The Moinian Group Principal.

“We want to thank all of our partners who have dedicated themselves to this amazing project in the heart of Manhattan’s hottest neighborhood. We are excited to deliver what we think will be the nicest new office building in Midtown South.”

Slated to rise up to 145 feet, with most of the views open to the Hudson River, the Hudson Arts Building is being designed by Studios Architecture.

(Visited 1 times, 1 visits today)

Related posts

CBRE Announces $26 Million Sale/Partial Leaseback of 500 & 540 White Plains Road in Tarrytown, New York


Ariel Property Advisors Closes $12.8 Million Sale of Development Opportunity in Downtown Brooklyn


Columbia Pacific Advisors Provides $115 Million in Loans to Dynamic Star for Three New York City Developments