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Have you signed any lease agreements?
“We have secured Simpson Thacher & Bartlett, a global law firm, and Ikea as anchor tenants. We signed a 27-year long-term lease with Simpson Thacher. The total leasable office area is about 1.5 million ft², of which Simpson Thacher is expected to occupy about 916,000 ft². Ikea plans to use about 95,000 ft² on the basement and second floors out of about 115,000 ft² of total leasable retail space.”
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Based on that article, the project has grown to about 1.6 million ft.² IKEA was previously reported at 80,000 ft.² and now it’s 96,000.
My guess is that this is about 45 floors/800 feet now given the large floor plates. Let’s see what KPF comes up with!
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$4 billion price tag is crazy
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