Coach Inc. (New York) is slated to become the anchor tenant at the first office tower to rise at Hudson Yards, a long-delayed development planned on New York’s far West Side by Related Cos. and Oxford Properties Group, reports Crain’s New York.
The luxury leather-goods maker will occupy more than 600,000 square feet of the 1.7 million-square-foot, 51-story building, at West 30th Street and Tenth Avenue.
Kohn Pedersen Fox Associates is designing the building, which is slated for completion by 2015. The building is the first part of the more than 13 million square feet planned for the 26-acre site. Plans call for three office towers, a hotel, nine apartment houses, a cultural center, a school and parkland.
Crains reports that developers need to secure more tenants before it will be cost effective for them to build the $1.6 billion platform over the rails yards that would allow for the bulk of the construction.