Coming year will see big changes at WTC site in NY

Published on NewsOK Modified: September 9, 2013 at 10:16 am •  Published: September 9, 2013
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—Just north of 4 World Trade Center is 3 World Trade Center, which is now a seven-story stub but will eventually reach 80 stories and 1,150 feet. Developer Larry Silverstein is required to lease at least 400,000 square feet of space before finishing the building. Silverstein is finalizing an agreement with GroupM, a media investment firm that is a division of WPP Group, for 515,000 square feet in the building. Assuming the lease is signed, the building should be completed in 2016.

—The last office tower planned for the 16-acre trade center site is 2 World Trade Center at the northeast corner. The 88-story skyscraper will not be built until the market improves enough to fill it.

—The transportation hub at the trade center is scheduled to be completed in 2015. It original cost estimate of $2.2 billion has been revised to $3.94 billion. It will connect 13 subway lines and PATH trains to New Jersey, serve 250,000 travelers a day and replace the temporary PATH station that was built after the attacks. There will be two levels of retail space.

—Plans for a performing arts center at the trade center have changed several times since the attacks. A board of directors was appointed last year and given the task of raising funds.



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