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After 9/11, the U.S. Department of Housing and Urban Development gave $3 billion in grants to the Lower Manhattan Development Corp. to redevelop lower Manhattan. A portion of what remains is the $100 million that was to go towards the Performing Arts Center, but those involved in the project worry that disputes between LMDC and the Port Authority, who controls the land on which the Center will be built, are giving the impression that the work to revitalize the area is complete. — 6sqft
After nearly 13 years of delays, the Performing Arts Center at the World Trade Center (PACWTC) is facing yet another setback due to unresolved issues between the Lower Manhattan Development Corporation and the Port Authority, which could ultimately cost the $243 million project, more... View full entry
After stalling for years, the $243 million World Trade Center Performing Arts Center started to make headway in recent months, and now Silverstein Properties have revealed the official renderings. With the help of billionaire businessman Ronald O. Perelman's $75 million gift, the 90,000-square-foot marble cube designed by REX will both stand out as an impressive piece of cultural architecture and co-exists with the other structures on the WTC complex. — 6sqft
Perelman recently stepped down as Chairman of Carnegie Hall after butting heads with staff and other board members and pushing for the institution to present more pop music. He hopes to fulfill this at the World Trade Center, stating, “I would hope it is the first venue of choice for the Bruce Springsteens and the Bon Jovis and the Yo-Yo Mas and the Lang Langs, and at the same time it’s a place where we could have produced a “Hamilton” project or where we could produce a new ballet.” — 6sqft
After being stalled for 12 years, the Performing Arts Center at the World Trade Center (PACWTC) is moving forward thanks to a $75 million gift from billionaire businessman and philanthropist Ronald O. Perelman. Brooklyn-based studio REX will design the complex, which will cost a total of $... View full entry
Since July, the Lower Manhattan Development Corporation (LMDC) has been working with an anonymous architectural firm to hash out a new concept for the Performing Arts Center at the World Trade Center, and now, nearly five months later, the Performing Arts Center board has finally released the name of the lead architect: Brooklyn-based studio REX led by Joshua Prince-Ramus, a former protégé starchitect Rem Koolhaas. — 6sqft
The [Lower Manhattan Development Corp's] latest take envisions a roughly 80,000-square-foot building, rising three to four stories aboveground, where new works of theater, dance, music and digital art would be produced, said the center’s director, Maggie Boepple.
Over the past few months, center officials have been working with consultants and an unnamed architectural firm to revamp the plan.
— Wall Street Journal
The new plan for the center won't be formally unveiled until the next board meeting of the Lower Manhattan Development Corporation. However, this smaller, less expensive version is still expected to function as a "a gathering place for downtown residents" according to Catherine McVay... View full entry
