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Brookfield Place:

Hudson Eats/Le District

24

CUSHMAN & WAKEFIELD

B

rookfield Place is another project on the

list where multiple dining concepts reside

under one roof. It is home to Hudson Eats,

which features a mix of purveyors ranging

from chef-driven concepts like tapas from

Chef José Andrés to sushi, bagels and street

fare.

It also embodies the European-style single

provider concept of Le District (Brookfield’s

French-themed answer to Eataly) which

includes three sit-down venues (Le Bar,

Beaubourg and L’Appart) and four food

station “districts” (Market District, Garden

District, Café District and the Restaurant

District) where shoppers can find fresh cut

flowers, fresh baguettes, whole fish, cheese

plates, champagne, oysters and steak frites as

well as patisseries, chocolatiers and baristas

and pretty much everything in between, from

a Gallic perspective.

Situated immediately across the street from

the World Trade Center Memorial site in

Manhattan’s Battery Park City neighborhood

is Brookfield Place, originally known as the

World Financial Center and currently owned

by Toronto-based Brookfield Properties. The

project is a massive, mixed-use office and

retail plaza consisting of six buildings totaling

more than 7.9 million square feet (MSF) of

commercial (mostly high-rise office) space.

The project was renamed in 2014 following

extensive renovations, including those made

to its retail space. The majority of the space

created to house Brookfield Place’s current

lineup of eateries was created during that

time. We estimate the food offerings here to

total roughly 30,000 SF of space. This project

actually shares direct underground access to

the same subway transportation hub (World

Trade Center PATH station) that also feeds

the newly opened Westfield World Trade

Center Mall and its broad offering of food

concepts led by Eataly.

As to the question as to whether one area can

support this many food hall projects, we don’t

view that as an issue. An explosion of

residential growth in this area has added

thousands of new apartment and

condominium units to the neighborhood over

the past decade. The World Trade Center

Memorial has emerged as one of the top New

York City tourist destinations, and is expected

to continue to draw roughly three million

tourists per year to the immediate area.

Consequently, with a strong local residential

and daytime population demographic, plus

immediate access to one of Manhattan’s

primary transportation hubs and one of its

most popular tourism draws, the question is:

can the market support all of these concepts?