Michael Kors may have announced the brand's largest store to date last week—a 17,000-square-foot flagship in the heart of Soho—but the megabrand wasn't done signing leases. Another new shop is in the works for Brookfield Place, formerly known as The World Financial Center. At 1,700 square feet, the shop will be a jewel box dedicated to accessories.
WWD reports that Brookfield Place will have a "Fifth Avenue-like" shopping corridor several blocks long, facing the 9/11 Memorial. Overall, Michael Kors is a strong brand to sign on to the project, and sets a very promising tone for Brookfield. "A decade ago, stores at the World Trade Center were doing $1,000 a square foot," said Edward Hogan, the national director of retail leasing for Brookfield Place. "Our stores will average $1,900 a square foot." And who knows—maybe they'll even get a Zanthropology.
· Michael Kors to Open at World Financial Center [WWD]
· The Michael Kors Soho Flagship Will be the Largest in the World [Racked NY]
· Shop "Zanthropology, Louise Vuittane" in FiDi [Racked NY]