flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Technology and media tenants, not financial companies, fill up One World Trade Center

Technology and media tenants, not financial companies, fill up One World Trade Center

Magazine publisher Conde Nast was the first anchor for the development.


By BD+C Staff | January 9, 2015

When the new One World Trade Center was proposed, it was taken for granted that the financial sector would have a strong presence in the tower's offices.

However, as the tower fills up with new tenants, the vast majority have turned out to be technology, media, and advertising firms. Magazine publisher Conde Nast was the first anchor for the development, and similar companies have followed its example. 

“People were expecting financial companies to be a substantial portion of the leased space” in the new towers, Christopher Jones, Vice President of Research at New York’s Regional Plan Association, told Crain's New York. “I don’t think many people would have thought that it would be virtually nothing.”

Read more at Crain's and Arch Daily.

Related Stories

Building Team | Jul 18, 2022

Understanding the growing design-build market

FMI’s new analysis of the design-build market forecast for the next fives years shows that this delivery method will continue to grow, despite challenges from the COVID-19 pandemic.

Mixed-Use | Jul 18, 2022

Mixed-use development outside Prague uses a material made from leftover bricks

Outside Prague, the Sugar Factory, a mixed-used residential development with public space, marks the largest project to use the sustainable material Rebetong. 

Building Team | Jul 15, 2022

ABC: Construction materials prices increased in June, up 20% from a year ago

Construction input prices increased 1.9% in June compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today.

Arenas | Jul 15, 2022

U. of Oregon renovation aims for ‘finest track and field facility in the world’

The renovation of the University of Oregon’s Hayward Field had the goal of creating the “finest track and field facility in the world.”

Building Team | Jul 14, 2022

ABC’s construction backlog inches lower in June; Contractor confidence falters

Associated Builders and Contractors reports today that its Construction Backlog Indicator fell 0.1 months in June and stands at 8.9 months, according to an ABC member survey conducted June 21 to July 5.

Sustainable Development | Jul 14, 2022

Designing for climate change and inclusion, with CBT Architects' Kishore Varanasi and Devanshi Purohit

Climate change is having a dramatic impact on urban design, in terms of planning, materials, occupant use, location, and the long-term effect of buildings on the environment. Joining BD+C's John Caulfield to discuss this topic are two experts from the Boston-based CBT Architects: Kishore Varanasi, a Principal and director of urban design; and Devanshi Purohit, an Associate Principal.

Multifamily Housing | Jul 14, 2022

Multifamily rents rise again in June, Yardi Matrix reports

Average U.S. multifamily rents rose another $19 in June to edge over $1,700 for the first time ever, according to the latest Yardi® Matrix Multifamily Report.

Building Team | Jul 14, 2022

Austin PBS gets a new state-of-the-art facility with three studios

Since the 1970s, Austin PBS, birthplace of the Austin City Limits TV series, has been based inside the communications building on the University of Texas campus—a space it has long outgrown.

Building Team | Jul 13, 2022

The YIMBY movement emerges as valuable advocate for affordable housing

Over the past few decades, developers grew accustomed to nothing but staunch opposition to dense affordable housing project proposals.

Energy | Jul 13, 2022

Electrification of buildings, new and old, furthers environmental responsibility and equity

 It’s almost a cliché in our industry, but nonetheless: The greenest building is the one that is already built. 

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021