Following over a year of rumors and anticipation, Apple is finally set to build its largest retail location ever right in the heart of Grand Central Station, New York.
In classic Apple retail tradition, the new store is expected to be a crown jewel among architectural achievements. A beautiful rendering of “Apple Store, Grand Central” shows just how incredible the new flagship store will be for Apple and Grand Central commuters alike.
This render was shown to the New York Metropolitan Transportation Authority this morning. Apple is looking to gain approval on its bid for the space this Wednesday, and the store is estimated to only take 4 months to build! That could mean a new Apple store for the holidays.
“Apple is paying Charlie Palmer’s Metrazur restaurant $5 million to vacate its space on the terminal’s east balcony more than eight years before its lease expires. The MTA will get significantly higher annual rent: $1.1 million from Apple vs. $263,997 from Metrazur.
In addition to the space currently occupied by Metrazur, Apple will move into an adjacent, currently vacant balcony on the northeast side of the terminal.”
This new retail location will be an iconic staple for Apple’s brand, and the new store will serve the 700,000 passerby’s that visit the terminal on a daily basis. Also, this new store means lots of free Apple WiFi. We’re sure that daily commuters will be happy about that.
On a side note, a delicious Shake Shack will also be built next to Apple’s new store. MTA Real Estate Director Jeffrey Rosen made the comment this morning:
“I can’t imagine why any kid in Westchester would want to do anything other than go into Grand Central and shop at Apple and eat at Shake Shack,” Rosen said.
