REX Associates

Silverstein Updates YIMBY On Continued World Trade Center Progress as Work on Perelman PAC Gains Momentum

As we look back today in remembrance of September 11, 2001, it’s affirming to appreciate the progress that has been made on the new World Trade Center Complex, especially over the last handful of years. The development has restored a vertical prowess to the Financial District and the Lower Manhattan skyline, given rise to a stunning new transit center topped by by Santiago Calatrava‘s Oculus, and will soon become a cultural destination as well. Construction has resumed for the Ronald O. Perelman Performing Arts Center, tenants are steadily filling the 2.5 million square feet of office space at Three World Trade Center, and tourists and locals are experiencing Memorial Glade, the newest section of the 9/11 Memorial. YIMBY also checks in on the current state of Two World Trade Center and Five World Trade Center.

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Subterranean Work Complete on the Ronald O. Perelman Performing Arts Center at the World Trade Center

Construction is moving along on the Ronald O. Perelman Performing Arts Center at the World Trade Center. The future 130-foot-tall, marbled-cladded building is designed by Rex Architecture and developed by the Port Authority of New York and New Jersey (PANYNJ). The site is located in the Financial District at the foot of One World Trade Center and Seven World Trade Center. The 9/11 Memorial is to the south of the property, while the plot of Two World Trade Center, aka 200 Greenwich Street, is found to the east across Greenwich Street.

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The World Trade Center’s Perelman Performing Arts Center Receives $89 Million in Funding

Last week, The Perelman Center received $89 million in funding for the construction of the future Performing Arts Center at the World Trade Center. The funds came from the Lower Manhattan Development Corporation (LMDC), and the U.S. Department of Housing and Urban Development (HUD), and up the total amount of construction costs now covered to 82 percent. The building will be designed by REX Architecture, and will rise 138 feet tall. The inside will be constructed with a steel structural system. It will hold multiple theaters and performance spaces within, while the exterior will be faced in a signature marble envelope on all four sides.

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Construction Ramps Up On the Ronald O. Perelman Performing Arts Center at the World Trade Center

After previously enduring a slight pause in construction, the site of the future Ronald O. Perelman Performing Arts Center has picked up the pace of steel assembly currently forming the bottom sub-levels of the 130-foot structure. They will eventually form the secondary entrance and exit to the World Trade Center’s Vehicle Security Center. The project is already above street level and is being developed by the Port Authority of New York and New Jersey (PANYNJ), and designed by Joshua Prince-Ramus of Brooklyn-based REX Architecture. A 99-year lease was already  approved for the project by Governor Andrew Cuomo.

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3 World Trade Center, image by Andrew Campbell Nelson

Rooftop Views & Interior Update on Supertall 175 Greenwich Street, aka 3 World Trade Center, As Opening Day Approaches

Last week, YIMBY was taken on a tour of 175 Greenwich Street, aka 3 World Trade Center, visiting the rooftop, the terrace, and the lobby. The building, located in the heart of the Financial District, has made incredible progress, with the façade now complete save for windows connected to the exterior hoist. Interior work is also approaching the finish line.

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