JACXJoystick A Coordinate X
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Originally, Macy's had planned to move just its Bloomingdale's division's offices to The JACX. Now, it plans to use more than half of the space for the Macy's merchandising organization, which is currently based at 11 Penn Plaza: three blocks from the Herald Square flagship store.
The two lease agreements, totaling 328,000 s/f combined, brings The JACX, which consists of two 26-story towers connected by a four-story podium, to 100 percent occupancy months prior to the project's anticipated completion this summer.
Macy's, Inc., which initially committed to approximately 567,000 s/f at The JACX, has expanded its footprint in the towers by another 300,000 s/f for a total of 867,000 s/f as, part of a 20-year lease agreement.
Macy's will also occupy the entirety of The JACX's third and fourth base floors, which measure 90,000 s/f each.
The remaining 215,000 s/f of office space on the 5th through 15th floors of Three Jackson will be occupied by WeWork, which committed to The JACX in late 2015.
Comprised of two 26-story towers and 1.2 million-square-feet of office and retail space as well as a one-acre landscaped terrace, the JACX is more than 70 percent pre-leased to fashion and tech companies including We Work, which plans to open a 250,000 s/f location.
Jackson Park and the JACX will be Long Island City's largest mixed-use development and, once completed, will feature over 55,000 s/f of retail space including a gourmet market, food hall, coffee shop, restaurants and boutique fitness offerings.
Seniors Justin Doyle and Erik Karlson and juniors James Prater, Christopher LaFlamme and Jacx Cannistraro should step in.