Sneaker and streetwear marketplace StockX continues to expand, making a series of exciting announcement at today's StockX Day event in Detroit.

Among those announcements was word of the company's first ever brick-and-mortar location, set to open its doors at 237 Lafayette Street in New York. In recent months, StockX has tested drop-off locations in cities such as New York, Los Angeles and London, allowing sellers to drop off their sneakers and streetwear for on-site authentication and payment processing. Those services will be the foundation of the new NYC location, which will also serve as an experiential space that affords customers the opportunity to experience and engage with the brand offline.

Additionally, StockX announced plans to open its fifth authentication center in Eindhoven in the south Netherlands later this summer or early fall. The move is being made as a way to improve the experience of the company’s international user base of millions. StockX will hire more than 100 people to work at the center.

Lastly, after adding handbags to its list of accepted items in 2017, the marketplace is getting into the collectibles business. StockX announced plans to launch a new vertical will include collectible figures and art from Kaws, Bearbrick, Funko, Murakami and more.

More on StockX's announcements and New York City location in the coming months.