[Rendering of 500 E. 14th St. via RKF]
We've been talking about the activity underway in the lot at 500 E. 14th St, where Extell Development is putting in a 7-story retail-residential complex.
And as you probably know, there's another retail-residential building going in a building away at No. 524 between Avenue A and Avenue B.
[Rendering of 524 E. 14th St. via RKF]
In total, we're talking about a total of 56,610 square feet of retail between the two new buildings. (No. 500 will have 24,473 square feet on the ground floor and 17,806 square feet in the lower level while No. 524 will offer 9,771 square feet on the ground floor and 4,560 square feet in the lower level.)
Yesterday, Real Estate Weekly had a few more details on the developments here.
Per RKF Managing Director Brandon Eisenman:
“Spaces of this size are rarely available in this market, and it’s a great opportunity for a supermarket, a big-box concept, quick-service restaurant, specialty retailer or other service provider to establish a presence on the bustling East 14th corridor, which is widely known for its variety of shopping, restaurants, services and nightlife. We expect to see a lot of interest for these opportunities …"
Apparently at least one major grocer has explored a store here. Last July, a reader left this comment on a post about East 14th Street:
I live directly behind demolition on 13th street. The other day I was approached by a pollster for fairway market asking me a bevy of questions about my thoughts on a new fairway on the corner of 14th and Ave A.
We heard about the Fairway pollsters from one other reader. We never did hear back from anyone in Fairway's media office last summer.
The retail space is expected to be delivered in the fourth quarter of 2016., according to Real Estate Weekly.
Previously on EV Grieve:
The disappearing storefronts of East 14th Street
[Updated with correction] 8-lot parcel of East 14th Street primed for new development
New 7-floor buildings for East 14th Street include 150 residential units