WTC performing arts center moves forward

Theater venue on track for a 2017 completion

TRD New York /
Jan.January 31, 2013 01:00 PM

The Frank Gehry-designed performing arts center planned for the World Trade Center could take a major step today. The Wall Street Journal reported that the Lower Manhattan Development Corp. is slated to give the operational organization, dubbed the Performing Arts Center at the World Trade Center, a total of $1 million for staff hires and plans for building development. Organization Director Maggie Boepple told the Journal that the approval of the performing arts center would put the complex on track for a 2017 completion.

The plan for the center, with 1,000- and 200-seat theaters, has been in the works for years. It and would also contains spaces for rehearsing and a restaurant that would serve a double as an additional performance venue.

But recently, the fate of the center was in limbo — not only due to its estimated $450 million construction costs, but also due to an inability to bring on staff members and consultants. There was a worry among performing arts center officials that the development corporation would hold back its $155 million in pledged seed money. However, the plans have been scaled back in terms of size and construction costs. [WSJ]Zachary Kussin


Related Articles

arrow_forward_ios
A Victoria's Secret store in New York (Credit: Getty Images)

Victoria’s Secret sues WTC landlord amid store closures and layoffs

The architect claims the design, construction and marketing of the tower rips off the design of a tower he planned and modeled for his thesis

Lawsuit over WTC design is whittled down

Condé Nast lands a second full-floor to sublease its space at 1 WTC

Condé Nast lands a second full-floor to sublease its space at 1 WTC

Condé Nast subleases 50K sf at 1 WTC to cut costs

Condé Nast subleases 50K sf at 1 WTC to
cut costs

Silverstein Properties may be part of a hack related to 9/11 documents

Silverstein Properties may be part of a hack related to 9/11 documents

Mic, which is reportedly worth $5M, was paying over $2M in rent

Mic, which is reportedly worth $5M, was paying over $2M in rent

BounceX becomes latest digital company to move to World Trade Center

BounceX becomes latest digital company to move to World Trade Center

Four years after opening, 20 percent of  1 WTC remains empty. Here’s why

Four years after opening, 20 percent of
1 WTC remains empty. Here’s why

arrow_forward_ios
Loading...