New York & Tri-State + Downtown New York + Office | May 30, 2023

L&L Holding, Columbia Property Top Out Chelsea Terminal Warehouse

L&L Holding Company and Columbia Property Trust have reached a milestone in redeveloping Terminal Warehouse, a historic building in West Chelsea.

Located at 261 11th Ave, the six-story vertical expansion of the building has been topped off, marking progress in transforming the 1.3 million-square-foot property into a wellness-focused workplace and retail destination.

The redevelopment includes the addition of six new office floors, a central courtyard, and nearly 2.5 acres of outdoor and green space. The project is expected to deliver space starting in 2024.

“…as the only campus of its size expected to come online over the next few years, Terminal Warehouse will be in high demand from companies that, as their leases roll over, are looking for healthier, more inspirational and productive environments for their people,” said David Orowitz, managing director and principal at L&L Holding Company.

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

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