Sustainable waterfront office tower 555 Greenwich Street tops out in Hudson Square

April 26, 2022

All renderings courtesy of Vocon

Hudson Square Properties, a joint venture of Trinity Church Wall Street and Norges Bank Investment Management with Hines, on Tuesday announced the topping out of their new office tower in Hudson Square. Located at 555 Greenwich Street, the 270,000 square-foot, 16-story office tower will eventually connect with the adjacent 345 Hudson to form a single, full-block building. Designed by COOKFOX Architects, the new building will utilize state-of-the-art wellness and sustainability-focused features to reach and exceed New York City’s 2030 climate targets for office buildings by more than 45 percent.

555 Greenwich includes retail space for businesses on its ground floor and office space on the floors above. After combining with 345 Hudson, tenants will have access to 33,000 square feet of outdoor space spread across the property’s 11 outdoor terraces which offer views of the surrounding city and the Hudson River.

The building’s floor-to-ceiling windows will bring in natural light and promote natural airflow. Tenants will also have a wide variety of leasing options and office configurations made possible through the building’s 87,000 square foot floorplates.

The building will set the standard for energy-efficient office buildings in NYC by using environmentally friendly features such as “geothermal and radiant heating and cooling, full electrification to eliminate the on-site use of fossil fuels, and dedicated outside air system to provide 100 percent outside air to tenants,” according to a press release. The building is projected to earn LEED Platinum, the highest rating for sustainability.

“With design and amenities that place tenant experience and wellness at the forefront, 555 Greenwich is an integral advancement in the continued development of the thriving Hudson Square neighborhood,” Tommy Craig, Senior Managing Director of Hines, said.

“This campus serves as a powerful blueprint for the workplace of the future, with unparalleled flexibility, outdoor space and collaborative areas, as well as an innovative combination of sustainability features unmatched by any other offerings on the market.”

Construction on the office building began in July 2021, which was the first speculative tower to break ground during the pandemic. The building is anticipated to open during the fourth quarter of 2022, as 6sqft previously reported.

Hudson Square has seen a boom in development in recent years due to a rezoning of the area in 2013. An abundance of luxury condominium buildings, media organizations, and tech companies have moved into the neighborhood which previously contained the city’s industrial printing district.

Disney, one of the biggest names to move into the area, purchased rights to develop a 22-story office building at 4 Hudson Square in July 2018. Google recently purchased the St. John’s Terminal building at 550 Washington Street for $2.1 billion, part of the company’s 1.7 million-square-foot office campus currently under construction. The purchase is one of the most expensive purchases of an office building ever recorded.


All renderings courtesy of Vocon

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