Reveal: Lands End II Parking Lot to Get 800-foot, Twin-Towered Beast
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Three years after acquiring the two low-income buildings comprising Lands End II (265-275 Cherry Street) for $279 million, L+M Partners and the CIM Group are planning to develop the parking lots facing the water (aka 260 South Street). It’s another of the so-called “soft sites” along the Lower East Side waterfront receiving renewed attention from the industry (i.e. gold rush), and fourth to be developed in the last few years.
L+M/CIM have partnered with Handel Architects for the 69-story (798-foot), two-towered project that is to add 1.1 million square-feet of floor area. Both towers will altogether include 1,350 apartments with more than 300 earmarked as affordable; retail spaces are also anticipated on the Cherry Street front, including the possibility of a grocery or pharmacy. The displaced parking spaces for Lands End II Section 8 residents will also be relocated to a subterranean lot.
To sweeten the pot for residents already overwhelmed with development in the area, the developers are focusing on the amenities. Of course. When all else fails, bribe with amenities. They’ll be “upgrading” the Lands End II buildings with unspecified changes in the coming years, and tasked landscape architects Matthews Nielsen to impart new seating and areas for active and passive recreation.
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Cherry Street facade with retail
Unfortunately for residents of Land End II, though, the incoming twin-headed beast will block the waterfront view for more than 100 apartments. The design includes one tower that tops out at 69 stories (798 feet), and the other at 62 stories (728 feet).
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Lands End II
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