http://commercialobserver.com Tue, 18 Jun 2013 19:58:22 +0000 hourly 1 http://wordpress.com/ http://s2.wp.com/i/buttonw-com.png http://commercialobserver.com http://commercialobserver.com/2012/12/as-illustrated-how-to-turn-a-gas-station-into-a-top-retail-destination/#comments Fri, 07 Dec 2012 08:00:32 -0400 http://commercialobserver.com/2012/12/as-illustrated-how-to-turn-a-gas-station-into-a-top-retail-destination/ Billy Gray http://commercialobserver.com/?p=243949 The Meatpacking District had already seen rapid-fire gentrification when, in 2008, a Mobil station at the entrance to the neighborhood sold for $60 million and buzz circulated that it would go retail. Months after the sale, the High Line park opened and completed the once-gritty district's transformation. Now, new owners are redeveloping the old gas station for 17,000 square feet of retail use. We talked to experts involved in the property's lease and redesign--and savvy about the Meatpacking District's latest and greatest evolution--about what should prove an increasingly common type of conversion.

]]> The Meatpacking District had already seen rapid-fire gentrification when, in 2008, a Mobil station at the entrance to the neighborhood sold for $60 million and buzz circulated that it would go retail. Months after the sale, the High Line park opened and completed the once-gritty district's transformation. Now, new owners are redeveloping the old gas station for 17,000 square feet of retail use. We talked to experts involved in the property's lease and redesign--and savvy about the Meatpacking District's latest and greatest evolution--about what should prove an increasingly common type of conversion.

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