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Award: Office tower
Value: not revealed
Location: New York City
Customer: American Express
A New York City-based contractor will begin construction activity this spring on the final commercial tower of the World Trade Center reconstruction in Lower Manhattan, according to multiple news releases.
American Express recently tapped Turner Construction to lead construction of the base building, including the core and shell of the tower, at its new state-of-the-art global headquarters at 2 World Trade Center, the financial services giant confirmed to Construction Dive. Officials did not share the total cost of the project.
The project will take approx 2 million square feet on 55 floorsaccording to a Wednesday press release from American Express. Plans also call for more than an acre of outdoor space with several terraces and lush gardens along with views of the Manhattan skyline.
“Moving forward with the latest commercial office building at the World Trade Center marks an important milestone for this campus and for the region,” said Kevin O’Toole, president of the Port Authority of New York and New Jersey. “2 World Trade Center strengthens one of the nation’s most important commerce and transportation hubs and reflects the sustained focus needed to move projects of this scale forward.”
Along with Turner, American Express selected New York-based Silverstein Properties as the developer and London-based Foster + Partners as the project’s design architect.
The building will be developed on land owned by the Port Authority of New York and New Jersey under a long-term lease. Once completed, the the project will be generated about $5.9 billion to the New York City economy and about $6.3 billion to the economy of New York State overall, according to a press release from the office of Governor Kathy Hochul.
“This project represents thousands of good union jobs that support families and strengthen our communities,” New York City Mayor Zohran Mamdani said in the statement. “When we invest in New York, we need to make sure that investment flows to the working people — the carpenters, the electricians, the workers who literally build this city.”
American Express moved to its current headquarters at 200 Vesey Street in New York City about four decades ago in 1986. The company will retain that office until the new global headquarters is completed, according to the firm.
Turner will begin construction activity this spring and expects to complete the project in 2031, according to American Express.
