Articles
"First Lower Manhattan
Headquarters Since 9/11 Attacks Gets Under Way", © Engineering News Record,
12/12/05
Tishman Construction Corp., the New York City-based construction manager that
built the original World Trade Center, has a project "plate" in lower Manhattan
that has gone from full to overflowing. Besides managing construction of the
planned Freedom Tower and nearly complete replacement for Seven World Trade
Center, Tishman is managing construction of a 2.1-million-sq-ft headquarters for
Goldman Sachs, across the street from Ground Zero.
A Who’s Who list of New York elected leaders kicked off construction on Nov.
29. The planned 43-story tower for the investment banker, designed by local
architect Pei Cobb Freed & Partners with structural engineer Halcrow Yolles, New
York City, is the first new owner-occupied building to begin construction since
the Sept. 11, 2001 attacks that destroyed the World Trade Center. It is viewed
by public officials, including Gov. George E. Pataki (R), as a "powerful
demonstration of confidence" in the revitalization of lower Manhattan.
But the $2.4-billion development likely never would have happened without a
$1.65-billion subsidy, in the form of 9/11 Liberty Bonds. The city and state
will each contribute half of the amount, the largest allocation of 9/11
resources to one firm.
The tower’s height is planned at 740 ft. Initial occupancy is expected in
2009. It is designed to achieve LEED Gold certification. Owner-developer Goldman
Sachs would not allow its building team to discuss project details. The building
will house the firm’s investment banking, investment management and trading
operations.
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