A partnership between L&L Holding Co. and Lehman Brothers Holdings Inc. (LBHI) announced the selection of Foster + Partners, led by Pritzker Prize-winning architect Lord Norman Foster, to design an iconic 650,000-sf office tower to be constructed at 425 Park Avenue in the famed Plaza District of Manhattan. The firm will work with the partnership to create an enduring landmark that befits its exclusive location yet is also of its current time and place.
Foster + Partners was selected at the conclusion of an international architects competition, a six-month process involving many of the world’s most acclaimed architecture firms. In addition to Foster + Partners, the partnership selected Rogers, Stirk, Harbour + Partners (Lord Richard Rogers), OMA (Rem Koolhaas) and Zaha Hadid Architects to participate in the final, conceptual design phase of the competition over the recent summer.
L&L Holding Chairman and CEO David Levinson also announced that he and Lord Foster will make a presentation on the conceptual design during the Municipal Arts Society’s 3rd Annual Summit for New York City on Oct. 19. The two-day summit, which starts Oct. 18, will also feature an exhibit featuring the 425 Park Avenue design concepts that were presented by each of the four finalists in the competition.
“We are grateful to each of the firms for the thoughtfulness and creativity they demonstrated throughout the process,” said Levinson. “There is no doubt that each group was fully capable of helping us realize our vision of a 425 Park Avenue tower that redefines the modern office environment while also respecting and enhancing the timeless allure of the Plaza district.”
Levinson added, “We are looking forward to beginning a process in which we translate Foster’s brilliant concept into a modern tower which offers its inhabitants the most functional and environmentally sustainable work environment imaginable, while also addressing the public realm in a way that hasn’t been accomplished in many years.”
Located in the heart of New York’s famed Plaza District, 425 Park Avenue will be the first full-block office development on this historic stretch in nearly half a century. The tower will be situated along Park Avenue’s double-wide boulevard with its attractive green medians, modern art exhibits and broad sidewalks. The district is also recognized as an epicenter of architectural excellence, as exemplified by the nearby Seagram Building and Lever House, which are two of only five structures in New York City to have won AIA’s esteemed “25 Year Award.”
Foster + Partners views the project as an outstanding opportunity to contribute to the existing character of Park Avenue while also responding to the scale and datum of the boulevard and neighboring buildings. Clearly expressing the geometry of its structure, Foster + Partners’ conceptual design features a tapered steel-frame tower rising to meet three illuminated shear walls, adding to the vibrant New York City skyline. The conceptual design also calls for an elegant façade that seamlessly integrates with the innovative internal arrangement that allows for three gradated tiers of column-free floors.
Offering world-class sustainable office accommodation, Foster + Partners envisions a new tower that anticipates changing needs in the workplace with large, open spaces that encompass flexible use. Each of the three tiers – low, medium and high-rise – is defined by a landscaped terrace that would provide excellent amenity for tenants and offer panoramic views across Manhattan and Central Park. At street level, the conceptual design for 425 Park Avenue gives as much to the city as to the people that will work in it with the potential for a large civic plaza marked by significant works of art.
The conceptual design will serve as the framework for a two-year collaborative process with L&L Holding’s project team to create a fully formed architectural and construction plan for the 425 Park Avenue tower. L&L Holding anticipates the start of construction in 2015, with the new 425 Park Avenue tower to be completed by the end of 2017.
Related Stories
| Jan 30, 2014
See how architects at NBBJ are using computational design to calculate the best views on projects [video]
In an ideal world, every office employee would have a beautiful view from his or her desk. While no one can make that happen in real life, computational design can help architects maximize views from every angle.
| Jan 30, 2014
The evolving workplace: One designer's inspiration board
"Open office" has been a major buzzword for decades, and like any buzzword, some of the novelty has worn off. I don't believe we will abandon the open office, but I do think we need to focus on providing a dynamic mix of open and closed spaces.
| Jan 30, 2014
How reverse engineering nature can spur design innovation
It’s not enough to copy nature. Today’s designers need a deeper understanding of environmental nuance, from the biome in.
| Jan 30, 2014
What to expect in the metal building industry in 2014
Every year brings changes. This one won’t be any different. We’ll see growth in some areas, declines in others. Here’s a little preview of what we’ll be writing about 2014 when 2015 comes rolling in.
| Jan 30, 2014
What's in store for healthcare capital markets in 2014?
Despite the shake up stemming from the Affordable Care Act, 2014 will be an active year in healthcare capital markets, according to real estate experts from CBRE Healthcare.
| Jan 29, 2014
Richard Meier unveils 'urban courtyard' scheme for Mexico City towers
A grand atrium, reaching some 30 stories, highlights the contemporary, bright-white design scheme unveiled this week by Richard Meier & Partners for a new mixed-use development in Mexico City.
| Jan 29, 2014
Historic church will be part of new condo building in D.C.
Sorg Architects unveiled a design scheme for 40 condos in a six-story building, which will wrap around an existing historic church, and will itself contain four residential units.
| Jan 29, 2014
Hotel, retail, recreation sectors to lead growth in 2014
AIA's Consensus Construction Forecast, a survey of the nation’s leading construction forecasters, is projecting that spending will see a 5.8% increase in 2014, led by the hotel, retail, and amusement/recreation sectors.
| Jan 29, 2014
Notre Dame to expand football stadium in largest project in school history
The $400 million Campus Crossroads Project will add more than 750,000 sf of academic, student life, and athletic space in three new buildings attached to the school's iconic football stadium.
| Jan 29, 2014
AIA honors 18 with 2014 Young Architects Award
Three recent BD+C "40 Under 40" winners are among the outstanding young architects recognized by the AIA.
