Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DBB/CMAR
# of Projects: 1
100% of the Results

Background informationProject Created: February 9, 2010

Project Name: 3 World Trade Center (175 Greenwich)
Year in Operation:
Sector: Buildings
Subsector: Other Government Building
Status: Design / Construction
Type: New Facility
Description: Tower 3 of the new World Trade Center site, also known as 175 Greenwich Street. T3 was designed by Architect Richard Rogers, will rise 71 stories and house 2.1 million s1 ft of office and 133,000 sq ft of retail space, including five trading floors, five retail levels (two below grade), and mechanical floors at the base and crown of the building.
Delivery Method as described in the country where it's located: Design Bid Build
Is the project still active: Yes
Comments: Separate design followed by development contract with private developer to build, along with long term management agreement to operate on behalf of the PANYNJ.

Project Locations

Address: 175 Greenwich Street
City: New York
State: New York
Country: United States of America

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land: Part of the WTC site.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers

Arrow Right
Checkbox Checked

Direct Cash Support: Developed by the PANYNJ

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner then separately contracts with another party, who operates and maintains the facility.
Construction Manager At Risk Variants: Public Sponsor contracts with Construction Manager At Risk while design is in process.

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals
Design
X
X

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Initial Design and Construction
7
0
Forms
Description
Other
In negotiation. 

Project Value (If and As Known)

Date of Estimated Project Value: July 1, 2008
Project Value
Hard Cost
Hard & Soft Costs

Project Value Unknown or not Provided

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