NEW YORK, NY – July 28, 2016 – Macklowe Properties announces a partnership with Whole Foods Market (NASDAQ: WFM) that will bring in the high-end grocery brand as the first commercial tenant at the residential redevelopment of One Wall Street. Whole Foods Market will occupy 44,000 square feet over three floors; two for shopping and one for back of house operations, with public entrances on Broadway, New Street, and Exchange Place. The store is currently anticipated to open in late 2018.
“Macklowe Properties and our partners are excited to welcome Whole Foods Market to One Wall Street,” said Chris Brill-Edwards, executive vice president of Macklowe Properties. “Whole Foods’ core values of health, wellness and convenient lifestyle will shape not only our residents’ lives but also those of the community.”
Whole Foods Market’s arrival will make a welcome addition to a Downtown area, which has experienced a surge of new residential, commercial and retail development in recent years, yet currently is limited in its grocery offerings.
“We’ve long enjoyed serving the downtown community at our TriBeCa location, but look forward to expanding our reach and bringing Whole Foods Market closer to home for area residents, workers and visitors,” said Christina Minardi, Regional President for Whole Foods Market’s Northeast Region. “Our growth in the area will provide Downtown Manhattan with greater access to the highest quality food, service, community partnership and convenience that the 10 current neighborhoods we serve around New York City have come to enjoy.”
The 155,000-square-foot retail component of One Wall Street, designed by Robert A.M. Stern Architects, will feature a stepped modern glass addition with 22-foot ceilings. A full renovation of the Ralph Walker-designed Art Deco tower will include a restoration of the iconic three-story Hildreth Meier-designed Red Room into a jewel box-like showroom.
“Whole Foods Market will be a game-changing anchor for One Wall Street and contribute greatly to the retail renaissance taking place in the new Downtown,” said Peter Whitenack Managing Director of RKF, the leasing agent for One Wall Street. “We are now seeing the results of more than a decade of rebuilding, reinvesting and reimagining, and fully expect that Whole Foods Market will attract more, high caliber brands seeking to establish a presence Downtown and the Broadway corridor, in particular.”
Credit for renderings is DBOX for Macklowe Properties.