By Veronica Grecu, Associate Editor
Property Group Partners and landlord Romanoff Equities have joined forces to replace a former meat processing facility in New York’s Meatpacking District with a mixed-use complex that would stand as a prominent structure in the neighborhood. Designed by James Carpenter Design Associates architectural firm in cooperation with Gerner Kronick & Valcarcel Architects, the project is set to begin development immediately, with a delivery date tentatively set for 2015.
As previously reported by DNAinfo.com, the development plans were approved by the city in 2009, when the Board of Standards and Appeals unanimously voted for the zoning exemptions required to build the 10-story building.
The project, located between the iconic Standard Hotel and the High Line Building, is called 860 Washington Street and will consist of 120,000 square feet of office, retail and showroom space divided into floor plates of 11,000 to 13,000 square feet. According to a project description on the official website, the development team will use a combination of recycled building materials such as terracotta, concrete and glass, as well as state-of-the-art technologies to save both daylight and water, which will make the structure LEED-certifiable.
The Real Deal reports that the transaction between Property Group Partners and Romanoff Equities was brokered by Douglas Harmon, Adam Spies and Josh King of Eastdil Secured.
Rendering via www.860washington.com
For more market data from New York City, click here.