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New World Trade Center Site Renderings Draw Worries, Praise

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New WTC site, Freedom Tower rendering courtesy of Curbed.

Blogger Felix Salmon was optimistic about the Freedom Tower, but he recently noted some concerns. Here’s a snippet from a recent blog entry from Salmon:

And the really big picture, of course, is that the Freedom Tower is a camel. As Paul Goldberger explains in his new book, it’s essentially the product of wishful thinking by George Pataki, who somehow managed to convince himself that David Childs and Daniel Libeskind – both big-time architects with a strong impression of what the new tower should look like, and an even stronger conviction that the other guy was wrong – could somehow be forced to fruitfully collaborate on the skyscraper. It was never going to happen, and the final building is quite probably worse than either man would have come up with on his own – although I daresay it’s better than Childs’ Bear Stearns building in midtown.

Others are more optimistic about the final outcome of the new World Trade Center. A New York Post article by Tom Topousis and Andy Soltis calls the recent rendering stunning. Here’s a snippet from the article that includes some important developments in the new World Trade Center’s construction:

* The Freedom Tower. Much of the work for the next year will be below ground, but by 2006, the steel superstructure is expected to rise into the sky.

* 7 World Trade Center, directly across Vesey Street from the main trade center complex, is well under way, with its steel skeleton nearly complete.

* A new Con Ed substation inside 7 WTC went online this summer, bringing lower Manhattan to full power service with an additional 80 megawatts and the capacity to add even more when needed.

* Demolition of the black-shroud-encased Deutsche Bank building at 130 Liberty St., heavily damaged by the attack, will begin this fall. The project will clear space for the fifth proposed WTC office tower that is at least a decade away.

* A temporary PATH station reopened in November, restoring commuter rail service from New Jersey. It will be replaced by 2009 with a $2 billion permanent rail hub, including subway service on the 1 and 9 lines.

* A second new rail center will be created at Fulton Street to bring together 12 subway lines that will connect to PATH via a new underground concourse. It will cost $750 million and will be done in 2007.

* A collection of performing and fine arts groups were selected this summer as the principal tenants in two cultural buildings.

Want to see more pictures? Check them out at the Lower Manhattan Development Corporation’s website.

This post was originally posted at Hundred Acres, the world’s first real estate community weblog – currently seeking writers!

-John Mudd
“Mr. Real Estate”

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