Chelsea’s historic Terminal Warehouse, a remnant of the area’s industrial past, will soon get a revamp. The Landmarks Preservation Commission recently approved plans to revitalize the site and add more commercial and office space.Developers L&L Holding and Normandy Real Estate Partners, who bought the building last year for $880 million, are spearheading the project.
The massive 1.2-million-square-foot structure—which sits between Eleventh and Twelfth avenues and West 27th and 28th streets—was first owned by the New York Terminal Warehouse Company and built between 1890 and 1891. It’s part of the West Chelsea historic district.
The developers will transform 500,000 square feet of the building’s storage sections into office space and a courtyard. The train tunnel with exposed rails inside the building will be restored while shops and restaurant space will be added to the surrounding space.
The plan also includes refurbishing the building’s brick and exposed rail tracks and restoring its arched entrances on both Eleventh and Twelfth avenues, while reclaiming and reusing as much of the interior’s heavy timber as possible.
Through a revitalization plan that emphasizes restoration, authenticity, massive open floor plates and natural sunlight, the Terminal Warehouse will be artfully transformed from a purpose-built storage facility into a thriving state-of-the-art workplace that also celebrates its place in New York’s remarkable history.
A large part of the building’s space has been long dedicated to storage (Chelsea Mini Storage is still located in the building) and between 1986 and 2001, it served as the home of the fabled Tunnel nightclub. The building now has commercial and office space, with tenants like Uber and L’Oreal.
