Work is underway on the re-cladding and renovation of 111 Wall Street, a 25-story commercial building in the Financial District. Designed by STUDIOS Architecture and developed by Wafra Capital Partners and The Nightingale Group, LLC, the project will also refresh the roughly 1.5-million-square-foot structure’s Class A office space, overhaul the infrastructure, expand its lobby, and add amenities designed by URBN Playground. Hunter Roberts Construction Group, LLC is the general contractor and JLL is handling leasing for the property, which is bound by Wall Street and Mannahatta Park to the northeast, Front Street to the northwest, Gouverneur Lane to the southwest, and South Street and the FDR Drive to the southeast. 111 Wall Street’s 21st century makeover is expected to cost $100 million.
The photograph below was taken this past summer just as construction was beginning to mobilize and not much change was visible.
Now we can see large portions of the antiquated curtain wall already removed, as indicated by the white squares where the old spandrels were once attached.
Renderings show the new exterior featuring a copper-colored surface with floor-to-ceiling glass for better transparency and daylight exposure. There will also be a revamped outdoor plaza.
The lobby will feature 170 feet of frontage facing Wall Street, a dedicated reception desk, storage for up to 170 bicycles and 20 electric scooters with charging stations and 80 lockers, and a barista bar that can be converted into a cocktail bar for evenings and special events.
Amenities will be housed in the cellar and include the building’s own food and retail service called The Parlour. This will offer a curated mix of food and beverage vendors and allow tenants to gain access to advanced ordering through the 111 Wall app.
On the same floor is The Forum, a 152-seat conference center split into two conference rooms with 76 seats per room, a boardroom with 20 seats and eight extra overflow seats, and two abutting rooms laid out with lecture-style seating collectively totaling 100 seats. The Forum will sit adjacent to The Parlour.
111 Well is the building’s fitness center, which will be available to office tenants for free. The facility will be equipped with full-service locker rooms with showers, Peloton bikes, and a rotating group class program featuring fitness trends such as HIIT, boxing, training, TRX, free weights, and more.
Office levels will be surrounded by nine-foot-tall smart glass windows. Floors two through 12 are grouped together as the podium floors, while floors 14 through 24 will be known as the tower floors. The only inaccessible level is the 13th floor, which is all mechanical. Slab heights range from 12 to 15.5 feet tall. The bathrooms and elevator lobbies will also be modernized, and occupants will get panoramic views of Brooklyn Bridge Park, Brooklyn Heights, and Downtown Brooklyn across the East River, along with sunrises and aerial vantage points of ferries and boats traveling below the Brooklyn Bridge. Floor plans are flexible and adjustable for tenants.
The smallest floor plate size will be on the second floor measuring 36,476 rentable square feet, while the largest is the 23rd floor, spanning 49,321 rentable square feet.
The MEP infrastructure overhaul is projected to be done by next March, followed by the completion of the lobby in May 2022, the full façade removal by July 2022, fully modernized elevators by November 2022, and the finished installation of the new curtain wall by December 2022. The East River ferry service is found directly across from 111 Wall Street at Pier 11, while nearby subways to the north include the 2, 3, 4, 5, and J trains.
111 Wall Street’s renovations and upgrades are slated for total completion in January 2023 as indicated in 111 Wall Street’s brochure.