by Brian Lipton

Brookfield Place

Hudson’s Bay Company today announced plans to open a 16,750-square-foot Saks Fifth Avenue Men’s Store at 250 Vesey Street at Brookfield Place in downtown Manhattan, in spring 2017. The company previously announced its plans to open an 85,0000-square-foot Saks Fifth Avenue women’s store, which will anchor the northern end of the Brookfield Place complex when it opens in Summer 2016

The Saks Fifth Avenue Men’s Store will showcase the retailer’s updated strategy for its men’s business. All product categories will be represented, with a focus on modern fashion. The store will also feature special services and amenities, including bespoke tailoring and personal shopping programs. With its expansive views of lower Manhattan, and a design emphasizing experiential shopping, the new Men’s Store will offer an unrivaled fashion destination for the downtown customer.

“Building a free-standing Saks Fifth Avenue Men’s Store at the crossroads of the U.S. Financial Market and New York City’s burgeoning downtown fits perfectly with our vision to expand our leadership position in the luxury space,” said Marc Metrick, president of Saks Fifth Avenue. “We look forward to creating a tailored experience for our customers in a dedicated environment, filled with authoritative merchandising assortments.”

“We are thrilled that Hudson’s Bay Company has increased its commitment at Brookfield Place through the addition of a new Saks Fifth Avenue Men’s Store,” said Dennis Friedrich, CEO of the Global Office division of Brookfield Property Partners. “Brookfield is proud to be characterized by its illustrious retail partners and we expect the Saks Fifth Avenue Men’s Store will be a standout presence among our distinguished offering of fine men’s retailers.”