By Rey Mashayekhi

Peloton is moving its corporate headquarters to Hudson Commons after agreeing to take 312,000 square feet of office space at the Cove Property Group-helmed redevelopment on the Far West Side, the fitness startup announced today.

The cycling equipment and technology company will anchor the redeveloped 25-story, 700,000-square-foot office building at 441 Ninth Avenue, where Cove is building a 17-story addition to the existing eight-story, 423,000-square-foot building between West 34th and West 35th Streets.

Peloton will occupy the fourth through 10th floors at the property, as well as a 13,000-square-foot basement space, beginning in 2020. The company’s new headquarters will be six times larger than its current digs in Chelsea, where it occupies around 50,000 square feet at 125 West 25th Street, and will be located only a few blocks from its new 35,0000-square-foot flagship broadcast and production space, known as Peloton Studios, at Brookfield Property Partners’ 5 Manhattan West.