Real Estate
New Office Space
BY ANGELA MATUA
AMATUA@QNS.COM
www.qns.com I LIC COURIER I SEPTEMBER 2017 17
A new two-building office complex
will offer a variety of amenities for companies
that move into the Jackson Avenue
space.
The JACX, which will be located at
28-01 Jackson Ave. in Long Island
City, seeks to set “the new standard for
creative office development” with two
26-story buildings. In total, the Tishman
Speyer buildings will consist of 1.2 million
acres of office and retail space with
a 1-acre terrace on the fifth floor.
The 50,000 square feet of retail
space will include a gourmet market,
food hall, restaurants, a coffee shop and
a bouquet fitness center. The outdoor
terrace, called “The Quad,” can be used
for “events like theater, music and dance
nights,” according to the development’s
website.
An on-site valet garage will have space
for 550 cars and 175 bike spaces. The
JACX is more than 70 percent pre-leased
to fashion and tech companies including
WeWork, a co-working space moving into
a 250,000-square-foot location.
It is expected to be completed by the
first quarter of 2019.
Additionally, Tishman Speyer is working
on a three-building complex across
the street. Jackson Park will consist of
more than 1,800 apartments and 120,000
square feet of amenities including a 1.6-
acre park only for tenants. The developments
will stand 42, 44 and 53 stories high.
Renderings courtesy of Tishman Speyer
The JACX will include two commercial towers
with a food hall and outdoor terrace.
