Five World Trade Center
| 5 World Trade Center | |
|---|---|
| 130 Liberty Street | |
5 World Trade Center's proposed design
|
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| General information | |
| Status | On hold |
| Type | Office, Residential |
| Location | 130 Liberty Street New York, NY 10281, United States |
| Coordinates | 40°42′37″N 74°0′46″W / 40.71028°N 74.01278°WCoordinates: 40°42′37″N 74°0′46″W / 40.71028°N 74.01278°W |
| Construction started | September 9, 2011 |
| Estimated completion | 2020 |
| Height | |
| Roof | 743 feet (226 m) |
| Technical details | |
| Floor count | 42 |
| Floor area | 1,300,000 square feet (120,000 m2) |
| Design and construction | |
| Architect | Kohn Pedersen Fox |
| Developer | Port Authority of New York and New Jersey |
5 World Trade Center (also referred to as 130 Liberty Street) is a planned skyscraper at the World Trade Center in Lower Manhattan, New York City. The site is across Liberty Street, to the south of the main 16-acre (6.5 ha) World Trade Center site. The project is currently on standby while the Port Authority explores a potential sale of the lot to a developer and also finds tenants to occupy the skyscraper. The proposed building shares its name with the original 5 World Trade Center, which was heavily damaged as a result of the collapse of the North Tower during the September 11 attacks and was later demolished. The Port Authority has no plans to construct a building at 130 Liberty Street, although it is open to future development of the site as office, retail, hotel, residential or some mix of those uses.
In June 2007, JPMorgan Chase announced plans to develop the building as the headquarters of its J.P. Morgan Investment Bank. However, JPMorgan Chase's acquisition of Bear Stearns in March 2008 put those plans in doubt, given the company will relocate J.P. Morgan to 383 Madison Avenue.
Five World Trade Center (5 WTC) was originally a steel-framed nine-story low-rise office building built in 1970–72 at New York City's World Trade Center and was 118 ft (36 m) tall. It suffered severe damage and partial collapse on its upper floors as a result of the September 11 attacks in 2001. The entire building was demolished by December 2001 to make way for reconstruction. The structure was L-shaped and occupied the northeast corner of the WTC site. Overall dimensions were 330 by 420 feet (100 by 130 m), with an average area of 120,000 square feet (11,000 m2) per floor.
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