Trader Joe’s signs lease at Essex Crossing

Store confirmed it will open at 145 Clinton Street on LES

Rendering of Essex Crossing (credit: Handel Architects) and the facade of Trader Joe’s at 2073 Broadway (credit: Bisnow)
Rendering of Essex Crossing (credit: Handel Architects) and the facade of Trader Joe’s at 2073 Broadway (credit: Bisnow)

UPDATED, Oct. 4, 11:43 a.m.:  Trader Joe’s signed a lease at the Essex Crossing megadevelopment on the Lower East Side.

The grocery chain announced Tuesday the deal had been finalized for the 15-story building at 145 Clinton Street. It had been in talks for the 30,000-square-foot basement space last year. The store is expected to open in 2018.

That building, known as site 5, will have 211 apartments — half of which will be affordable — and about 70,000 square feet of commercial space. Trader Joe’s will join a 22,000-square-foot Planet Fitness outpost, and there is also 15,000 square feet of available space planned for the building, according to Curbed.

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.

Essex Crossing is a mixed-used project that will bring more than 1,000 housing units and 850,000 square feet of commercial space to the neighborhood. It is being developed by Delancey Street Associates, which is a partnership between BFC Partners, L+M Development Partners and Taconic Investment Partners. Goldman Sachs’ Urban Investment Group plans to invest around $500 million in the project.

Earlier this year, Trader Joe’s signed a lease for its second store on the Upper West Side[Curbed]Miriam Hall

Correction: An earlier version of this post included an incorrect address and number of units for the building.