A healthy treat has finagled its way to Downtown Manhattan, in the form of a grocery store. Whole Foods Market is set to move into the first three floors of Macklowe Properties’ 1 Wall Street, taking up 44,000 square feet of the total 155,000 designated for retail. The first two floors will host the shopping area, and the third floor will be set aside for backend operations. Peter Whitenack of marketing firm RKF claims that the Whole Foods will be a “game-changing anchor for One Wall Street and contribute greatly to the retail renaissance taking place in the new Downtown.”
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The 50-story, 654-foot-tall office building was designed by Ralph Walker and completed in 1931. One Wall Street originally was home to the Irving Trust Company which eventually changed ownership to the Bank of New York Mellon. Macklowe purchased the tower in 2014 for $585 million. Aside from the commercial space on the ground levels, the developers are bringing 534 condominium and rental apartments to the tower. Completion for the 944,000 square foot building is expected in late 2018.
Robert A.M. Stern and SLCE Architects has been tapped for design. The building’s many setbacks will be converted into terraces, and the top four floors of the tower will host one penthouse each. Some changes will be made concerning the building’s ground level: the main entrance will be restored on the Broadway side with a marquee, moving from its current location in the tower’s annex. New storefront windows will be added as well, to entice passersby to the retail areas. Whole Foods will be given its own entrance. Also included in the conversion will be a residential winter garden and an addition that will link to the residential addition on the Annex. In terms of fenestration, many more windows will be added across the tower’s facades. One Wall Street will also include 90 parking spaces for cars and 428 for bicycles.
Though the 1931 tower will see some conversion, much of its championed Art Deco details will be preserved. While the four-story tall observation room, featuring a ceiling made entirely of shells from the Philippines will be converted into penthouses, the tower's "Red Room" at the base will be preserved and used for retail. Previously utilized as a banking hall, the space features beautiful tile mosaic walls and a ceiling by artist Hildreth Meiere.
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