BBVA's Sustainable Hudson Yards Move: NYC Headquarters Shifts to Eco-Friendly 2 Manhattan West

BBVA Set to Move NYC Headquarters to Sustainable Skyscraper in Hudson Yards

BBVA, a global financial institution, is set to relocate its New York City headquarters to Two Manhattan West, a sustainable skyscraper in Hudson Yards. This move is part of the bank's growth strategy in the U.S. and its commitment to sustainability. The relocation is expected to be completed by late 2024.

BBVA's New Home in Hudson Yards

BBVA will be occupying approximately 74,000 square feet on the 8th and 9th floors of the 58-story tower, Two Manhattan West. This tower is the final addition to the Manhattan West development, a project managed by Brookfield Properties. With BBVA's move, the occupancy rate of Two Manhattan West will exceed 80%, joining a roster of other major tenants such as KPMG, Cravath, Swaine & Moore LLP, Clifford Chance, and the D.E. Shaw Group.

Sustainability at the Forefront

Two Manhattan West is not just another skyscraper. It holds a LEED-Gold certification, a testament to its sustainable design and operations. The building sources all its electricity from renewable energy, specifically from run-of-river hydropower facilities. This aligns with BBVA's commitment to sustainability and its decision to move into a building powered by renewable energy.

BBVA's Commitment to Growth and Sustainability

Regina Gil, Head of BBVA CIB in the U.S., expressed that the relocation is a significant step in BBVA's growth plans in the U.S. and its commitment to sustainability. The Brookfield Properties team, including Duncan McCuaig, Mikael Nahmias, Dave Caperna, and Dan Roberts, represented the deal.

Conclusion

The relocation of BBVA's NYC headquarters to Two Manhattan West is a significant move that reflects the bank's growth strategy and commitment to sustainability. It also adds to the growing list of major tenants in the sustainable skyscraper, further establishing Hudson Yards as a hub for major businesses.