L+M Development Partners and Taconic Investment Partners

Lower East Side, Major Developments, New Developments

Beyer Blinder Belle, Target Rendering, Essex Crossing, Lower East Side

Rendering of LES Target courtesy of Beyer Blinder Belle

New York City is experiencing a Target-takeover. The retailer has just signed a lease to open a 22,500 square-foot store in the Lower East Side at Essex Crossing, a 1.9 million-square-foot development stretching across several Manhattan blocks. As the Wall Street Journal reports, the new store will be located on the second floor of 145 Clinton Street, a 15-floor tower currently under construction. A Trader Joe’s supermarket will be on the lower level and apartments will be housed above.

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