{"id":44980,"date":"2020-08-12T00:38:00","date_gmt":"2020-08-11T21:38:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/harlem-development-boom-to-bring-new-target-to-125th-street\/"},"modified":"2020-08-12T00:38:00","modified_gmt":"2020-08-11T21:38:00","slug":"harlem-development-boom-to-bring-new-target-to-125th-street","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/harlem-development-boom-to-bring-new-target-to-125th-street\/","title":{"rendered":"#Harlem development boom to bring new Target to 125th Street"},"content":{"rendered":"

“#Harlem development boom to bring new Target to 125th Street<\/strong>”<\/p>\n

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August 11, 2020 |<\/span> 5:38pm <\/p>\n

\n Enlarge Image<\/p>\n

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\n In addition to Target, other 125th Street plans include Extell’s nine-story office tower at 180 E. 125th St. <\/span>
\n Extell Development\/Gensler<\/span><\/p><\/div>\n

\n Shrugging off gloomy predictions about the city\u2019s future, big-league developers on Monday unveiled plans for transformative new projects on Harlem\u2019s famed 125th Street, including a new Target.<\/p>\n

The deals \u2014 remarkable strokes of confidence in the midst of the COVID-19 pandemic \u2014 aren\u2019t long-range pipe dreams either, but fully financed ventures that will break ground soon and be completed within two years.<\/p>\n

One of the projects, at 121 W. 125th St., has even signed a lease for a 44,000 square-foot Target, The Post has learned exclusively.<\/p>\n

The ever-growing Target brand will be part of an ambitious new 17-story project between Malcolm X and Adam Clayton Powell boulevards named the Urban League Empowerment Center. The mini-tower designed by Beyer Blinder Belle will house a new headquarters for the venerable nonprofit dedicated to advocacy and economic empowerment for African Americans.<\/p>\n

It will also have 170 affordable rental apartments, a civil rights museum, 73,000 square feet of offices for community groups and a total 90,000 square feet of retail. Construction is to start this fall.<\/p>\n

Although the new Target will be smaller than some chain locations, it marks another leap forward for 125th Street, Harlem\u2019s main commercial corridor and an historic center of African American life and culture.<\/p>\n

Target spokesperson Jill Lewis confirmed the store opening, saying the new location \u201cwill be tailored to serve local guests.\u201d<\/p>\n

The team behind the Urban League project consists of BRP, Dabar Development, L M Development Partners, Taconic Partners and the Prusik Group. The latter three are also behind the Essex Crossing complex downtown.<\/p>\n

\u201cSigning Target meets our desire to have retailers that are social<\/a>ly responsible and community-focused,\u201d said Prusik group principal S. Andrew Katz.<\/p>\n

The $242 million building designed by Gensler architects is powered by $188 million in construction financing from Goldman Sachs\u2019 Urban Investment Group. The unit\u2019s top executive, Margaret Anadu, called the project \u201ctransformative\u201d for the neighborhood and essential for the Urban League.<\/p>\n

Other 125th Street developments west of Fifth Avenue include a Whole Foods retail complex, several national chains, an enlarged Studio Museum in Harlem, new apartment towers and a Marriott Hotel where the Apollo Theater nearby will operate a performing arts center.<\/p>\n

The eastern portion is less developed, but that\u2019s about to change as well.<\/p>\n

Extell just unveiled plans for a nine-story, 441,600 square-foot office tower at 180 E. 125th St. between Third and Lexington avenues, a low-rise former supermarket site that\u2019s lain empty for years.<\/p>\n

It\u2019s a rare ground-up office project in the neighborhood. Cushman & Wakefield has been tapp<\/a>ed to lure tenants to what will be called Harlem Headquarters.<\/p>\n

Gary Barnett\u2019s Extell has owned the site for years and has changed plans for it several times. It\u2019s expected to be finished in 2022.<\/p>\n

\u201cWe\u2019ve been looking to develop in Harlem for a long time, and now is the time,\u201d Barnett said.\n <\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Harlem development boom to bring new Target to 125th Street” August 11, 2020 | 5:38pm Enlarge Image In addition to Target, other 125th Street plans include Extell’s nine-story office tower at 180 E. 125th St. Extell Development\/Gensler Shrugging off gloomy predictions about the city\u2019s future, big-league developers on Monday unveiled plans for transformative new projects…<\/p>\n","protected":false},"author":1,"featured_media":44981,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[52110],"class_list":["post-44980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-harlem-development-boom-to-bring-new-target-to-125th-street"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/44980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=44980"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/44980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/44981"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=44980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=44980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=44980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}