The Moinian Group has selected JLL as the brokerage team to lease its new office tower at 220 11th Avenue in West Chelsea.
The ground-up development will include 200,000 s/f of Class-A commercial space with open, column-free floor plates, 17 ft. ceilings and 11,000 s/fof outdoor space, including a rooftop spanning the block from West 25th to West 26th street.
Peter Riguardi, president of the New York Region at JLL, along with Frank Doyle and Cynthia Wasserberger, will lead the leasing effort.
The development, which will also include 7,500 s/f of ground-floor retail and 5,100 s/f of cellar retail, is scheduled to break ground this year, with occupancy in the second half of 2021.
“We are thrilled to deepen our investment and expansion on the Far West Side and partner with JLL as our leasing agents on 220 11th Avenue,” said Mitchell Moinian, principal at The Moinian Group. “The emergence of the Highline and coinciding neighborhood rezoning has spurred a remarkable migration to West Chelsea, hands down the hottest location for a tenant looking to establish a modern presence in the city. We are excited to add much-needed premiere office space to this dynamic market.”