Whole Foods Market To Anchor Mixed-Use Development At One Wall Street

7/28/16

Photo courtesy: DBOX for Macklowe Properties

Newest Location of Celebrated Market Will Be in Landmark Downtown Tower

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.

The RKF team of Robert K. Futterman, Jaclyn Totolo, Peter Whitenack and Scott Zinovoy represented Macklowe Properties and is currently marketing the remaining available retail space at One Wall Street.

“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 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.”

ABOUT MACKLOWE PROPERTIES

Macklowe Properties was founded in New York City nearly 50 years ago by Harry Macklowe, and is best known for developing projects that transform the face of the New York City. With over 13 million square feet built including thousands of residential and hotel units, Macklowe maintains a strong reputation for delivering innovative design and the highest quality level of construction. The company’s developments include 432 Park Avenue, 737 Park Avenue, Metropolitan Tower, ThreeTen East 53rd Street, 150 East 72www.mackloweproperties.com.

ABOUT WHOLE FOODS MARKET
Founded in 1978 in Austin, Texas, Whole Foods Market is the leading natural and organic foods supermarket, the first national “Certified Organic” grocer, and uniquely positioned as America’s Healthiest Grocery Store™. In fiscal year 2015, the Company had sales of approximately $15 billion and has 446 stores in the United States, Canada, and the United Kingdom. Whole Foods Market employs approximately 86,000 team members and has been ranked for 19 consecutive years as one of the “100 Best Companies to Work For” in America by Fortune magazine. For more information, please visit www.wholefoodsmarket.com.