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KITA Launches $200M Repositioning of 460 Park Ave.
The Korea International Trade Association (KITA) is launching a comprehensive, $200-million redevelopment to reposition 460 Park Ave. as a next-generation office destination. A JLL team led by vice chairmen Dave Kleiner, Frank Doyle and Cynthia Wasserberger and SVP Michael Pallas will handle marketing and leasing for the property.
“We are reimagining 460 Park Ave. with a focus on quality, performance and experience, delivering a workplace defined by natural light, modern infrastructure and thoughtfully integrated indoor-outdoor space,” said president Jimin Paik of the Hahn Kook Center, a KITA affiliate. “The result will be a boutique workplace of enduring quality that reflects the prestige and purpose of Park Avenue itself.”
The project, which is targeting LEED Gold, WELL certification and WiredScore Platinum, was selected as the third awardee for the Manhattan Commercial Revitalization Program (M-CORE), an initiative designed to promote the transformation of properties in the city’s commercial business districts.
- ◦Development
