NYC’s biggest office leases inked this November
Acquisitions of 390 Madison Avenue and 787 Eleventh Avenue both made the list of NYC’s most notable office leases this November on The Real Deal, where you can see our renderings. Legal giant Hogan Lovells took the most space, leasing five floors totaling 206,720 square feet at 390 Madison Avenue, where L+L Holding Co. is leading the renovation process expected for completion in 2018. Over on the West Side, Pershing Square Capital Management signed a 67,000-square-foot lease at 787 Eleventh Avenue. The company is expected to settle into their new digs in 2017.
Boston’s Innovation and Design Building welcomes Reebok
One of the biggest stories of December, the Boston Business Journal broke the news last month that Reebok is moving to Boston’s Innovation and Design Building from Canton. The global athletic footwear and apparel company will move into 220,000 square feet this fall (and we’re excited to welcome them as our new neighbors!). Boston Herald shared more details on the company’s plans to have ‘the healthiest workplace in the U.S.’ complete with a a FitHub store, CrossFit gym and mile-long track. Quoted in Banker and Tradesman, Reebok President Matt O’Toole said, “Our goal is to not only provide a great environment for our employees, but for the people of Boston as well.” We worked with developer Jamestown on the building’s branding and to create a film to show off what makes the IDB a great place to work – which we’ve experienced firsthand.
City Point comes to Brooklyn with a bang
Downtown Brooklyn’s City Point made significant headlines this December. The Architect’s Newspaper reported on the three-phase, 1.8 million-square-foot mixed-use development’s unique and sustainability-friendly design. In Brooklyn Reporter, Urban Land Institute (ULI) recognized City Point for its exemplary use of land. The project has been named a finalist in ULI’s 2017 Excellence in Mixed-Use Development awards for raising the bar for design, planning and sustainability. BizBash says that residents of Brooklyn are just as excited about the development as industry officials. They selected the development’s DeKalb Market Hall as one of the most anticipated New York venues for meetings and events.
Project Jewel to transform Southeast Asia’s Changi Airport
The seventh busiest airport in the world is getting a dramatic transformation. Financial Review reports that 2019 will see the beginning of construction for the $1.7 billion Jewel project and features our rendering of the massive glass biodome taking shape in the center of the airport. Once completed, the 10-story complex will feature a jungle and a 130-foot waterfall. Project Jewel is one of the many changes the airport is seeing right now – construction of Terminals 1-4 has already been completed. Once Terminal 5 opens in the late 2020’s, Changi will have the capacity to service 135 million passengers.
Doha Metro progress moving at a rapid pace
In December, Trade Arabia reported that the Doha Metro is more than 60% completed. Officials say the first phase of the project will be operational in the last quarter of 2019. Zawya shared that officials are eagerly anticipating the first phase of the project’s completion, readying the country for the 2022 FIFA World Cup opening. The Doha Metro is set to become the world’s largest metro station. Curious to see the metro in action? Check out our film above.
Facebook expands at Cambridge’s One Broadway
Last month, BostInno looked back on all the tech giants that made big moves in 2016. Among the names? Facebook. The social media company took on more space in its office at One Broadway in Cambridge’s Kendall Square. Neoscape was the creative mind behind the branding of One Broadway, designing a logo, website and print brochure the property.