Furniture retailer West Elm plans to move out of its space at three Two Trees-owned locations and into Midtown Equities‘ planned redevelopment of the 150-year-old Empire Stores warehouses along the Dumbo waterfront, according to Crain’s. The company signed a 20-year deal yesterday for 150,000 square feet of space in the new development. It will move its headquarters, retail store, and the West Elm Market and coffee shop to Empire Stores. It also wants to create an outdoor coffee shop serving La Colombe coffee.

Midtown Equities is developing the landmarked warehouses at 55 Water Street into retail and office space as well as a public park on the rooftop. Construction of  the  327,000-square-foot complex is scheduled to begin in early 2014 and will finish in the fall of 2015.

Dumbo’s West Elm Defects to Empire Stores Complex [Crain’s New York]
BBP Chooses Developer for Empire Stores [Brownstoner]
Proposals for Historic Empire Stores Are Online [Brownstoner]