Uncertainty surrounds the construction of Richard Rogers’ Tower 3, part of the proposed World Trade Center rebuilding project, ahead of the 10th anniversary of the 9/11 attacks on New York
More than a year after New York’s Port Authority Board of Commissioners authorised a series of agreements to ensure the full restoration of the entire World Trade Center site with developer Silverstein Properties, the project remains stalled.
The agreements, collectively known as the Development Plan, called for the immediate construction of Tower 3 by 2015. But the project’s developer Larry Silverstein has admitted doubts over the American government’s tax and revenue policies might further delay construction of two out of the five World Trade Center towers.
The developer said he cannot build Tower 3, designed by Rogers Stirk Harbour + Partners (RSHP), with its facade that features diagonal supports, above seven floors until he get private financing. RSHPs declined to comment.
Silverstein said a lack of political leadership in Washington on economic policies could make prospective tenants delay any decision to move to the new buildings.
‘One of the things that creates uncertainty is not knowing who the leadership is, where it’s coming from, what’s going to happen tomorrow,” Silverstein said.
‘With all this uncertainty it could be a while before things turn, but when the turn comes it can come pretty quickly.’
The Port Authority of New York and New Jersey owns the 6.5 hectare World Trade Center property, one of the world’s most complex construction projects.
Four skyscrapers and a mass transit hub are planned for the site, which features waterfalls in the footprints of the former twin towers. An active subway line also runs through the complex.
Swiss bank UBS has pulled out of talks over a future tenancy in the Richard Rogers-designed building. The company was in discussions over a large letting agreement in the building but last week announced it planned to remain in Connecticut instead. A 37,000m² pre-let is needed to move the scheme forward.