Revealed: Disney’s plans for a 19-story complex in Hudson Square
The media company picked up the site last year for $650M
There’s no need to imagine it any longer: the details for the Walt Disney Company’s new Hudson Square headquarters are in.
The media giant plans to construct a 19-story, nearly 1.3 million-square-foot building at 4 Hudson Square that would have “East” and “West” towers, according to an application pre-filed with the city’s Buildings Department on Friday. Retail will occupy the first floor, with offices starting on the third level.
Disney and Skidmore Owings & Merrill LLP, the architecture firm of record, did not immediately return requests for comment.
The new HQ is expected to house Disney’s New York operations, including production space for “The View” and ABC News.
Disney acquired the development site, which is comprised of five parcels, including an eight-story building that stands at 304 Hudson Street, from Trinity Church for $650 million in 2018.
The purchase came as Disney subsidiary ABC sold its longtime headquarters in the Upper West Side to Silverstein Properties for over $1 billion. Deutsche Bank provided $800 million in financing for the deal.
Disney is not the only large corporation moving to the Manhattan neighborhood. Google’s parent company Alphabet announced last year that it plans to invest $1 billion in a new Hudson Square campus. Some in the industry believe the new projects will spur office and residential development in the region.