In Progress: World Trade Center Retail
Feb 1, 2008 12:00 PM
Location: New York City
Developers: The Port Authority of New York & New Jersey and the Westfield Group
Size: 488,000 sq. ft.
Cost: $1.45 billion
Buzz: After the attacks of Sept. 11 prevented Westfield from taking ownership of the 427,000-sq.-ft. World Trade Center shopping complex, the firm sat in limbo for several years before recently finalizing a partnership with the Port Authority to bring a major retail destination to Lower Manhattan. The development will combine street-level specialty shops with a variety of restaurants.
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