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Old Posted Mar 21, 2018, 12:16 AM
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Zombified Plans Revealed For Supertall 5 World Trade Center





Quote:
With 175 Greenwich Street nearing its opening day and 200 Greenwich Street hopefully expected to begin construction within the next few years, most of the World Trade Center’s rebuilding is nearing completion. But one major hole in Downtown’s fabric still remains, at the site of the former Deutsche Bank Building. Plans for a pot-bellied skyscraper had been proposed around the time of the tower’s demolition, but in the years since, the plot had seemingly been forgotten, and is currently covered in asphalt. Today, YIMBY has a major update on the site, thanks to zombified plans from Chinese developer Dalian Wanda Group, which would yield a new residential and hotel supertall designed by Kohn Pedersen Fox.

The plans were created back in 2014, when Wanda and a handful of additional Chinese developers were embarking on a major international property development spree. While several of their projects made it past the planning stages, the Chinese government has since begun a sharp crackdown on this practice, which has seemingly halted anything additional entering the pipeline on their behalf.

Nevertheless, the fully-fleshed proposal would have placed KPF’s design on the site of the old Deutsche Bank, far surpassing its bulky predecessor in terms of skyline impact. The building would have two separate lobbies for the hotel and residential components, with the hotel occupying the first dozen or so floors, and the residential located above that.

Besides the height, which would put the pinnacle around 1,050 feet, the hotel lobby would include a seven-story atrium, making for a fairly dramatic base. Additionally, there would be a major retail component in the form of a department store.

The tower’s total area would measure over 1.4 million square feet, with 240 rooms over 350,000 square feet of hotel space, 200,000 square feet of retail for the department store, and about 850,000 square feet for condominiums.

[...]


While Wanda Group’s plans are unlikely to be realized due to the Chinese government’s crackdown on overseas real estate, the re-conception by Kohn Pedersen Fox is certainly a sign that the site is actively being considered for development, and is a major improvement over what had previously been anticipated to rise.

No official word on the site’s progress has been released in years, and any tentative completion date for whatever does result remains under wraps.
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