State agency The Port Authority and Lower Manhattan Development Group have agreed to issue a joint RFP and divide proceeds generated from the development of 5 World Trade Center. A lengthy dispute between the parties had prevented any progress on the final remaining site within the World Trade Center complex, though it still remains unclear what future property will rise from the parcel, which could yield a tower spanning over one million square feet.
For the second time in 2018, YIMBY has a new look for Five World Trade Center. The latest rendering was found by a reader on the project’s fencing in the Financial District. The image shows a glassy building with a triangular motif reminiscent of the David Childs-designed 1 WTC. The depiction is roughly 70 stories in height, which could indicate yet another supertall is planned for the area.
With 175 Greenwich Street nearing its opening day and 200 Greenwich Street hopefully expected to begin construction within the next few years, most of the World Trade Center’s rebuilding is nearing completion. But one major hole in Downtown’s fabric still remains, at the site of the former Deutsche Bank Building. Plans for a pot-bellied skyscraper had been proposed around the time of the tower’s demolition, but in the years since, the plot had seemingly been forgotten, and is currently covered in asphalt. Today, YIMBY has a major update on the site, thanks to zombified plans from Chinese developer Dalian Wanda Group, which would yield a new residential and hotel supertall designed by Kohn Pedersen Fox.