SEARCH IN BRIEF

 
Demand for WTC so low it may not be fully occupied until 2037

A study drafted by real estate entity Cushman & Wakefield and leaked to New York's Daily News says that the WTC towers won't be fully constructed and occupied until 2037.

The five towers, designed by David M. Childs of SOM, Lord Norman Foster, Richard Rogers, Maki and Associates and the Port Authority respectively have been fraught with delays, but the report suggests the difficulties will lie with demand for the facilities.

The report also states that construction on Richard Rogers' Tower 3, the third tallest of the towers, will not even begin until 2026.

As quoted in the Daily News, while the Port Authority are calling the study a 'market driven analysis', the office of Larry Silverstein is denouncing the the study and the Port Authority as 'pessimistic': "The Port Authority's position seems to be based on a totally pessimistic attitude about New York's economic future," said Janno Lieber, director of Silverstein's World Trade Center redevelopment effort.

IN BRIEF
Thursday 16 April 2009
Yorgo Lykouria joins HOK as creative director in Europe
Fri 19 May 2017
HOK and Condeco announce specialist workplace partnership
Thu 18 May 2017
UK’s hidden cycle routes to get revived
Thu 18 May 2017
HOK Names Anthony Fieldman Design Principal in Canada
Fri 12 May 2017
Peter Barber sets out ideas to solve the housing crisis
Tue 09 May 2017
London’s “Cheesegrater” sold to the Chinese
Fri 05 May 2017
Foster + Partners announce redundancies
Tue 25 Apr 2017
WS Atkins buyout will create a global ‘champion’
Mon 24 Apr 2017