daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > World Development News Forums > General Urban Developments > DN Archives



Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Reply

 
Thread Tools
Old June 30th, 2008, 04:22 AM   #5001
Exrexnotex
Registered User
 
Exrexnotex's Avatar
 
Join Date: Sep 2005
Posts: 2,170
Likes (Received): 5

There was a story on the Wall Street journal about setbacks on the world trade center reconstruction. It talked about how it would be complete later than anticipated and will cost as much as $3 billion more than planned. The Port Authority of New York and New Jersey is expected to release a report Monday detailing significant delays and cost overruns on construction there. I'd post the whole article but I didn't renew my subscription ; it expired 3 days ago.
__________________
"It's Baltimore, gentlemen...The gods wil not save you."

Last edited by Exrexnotex; June 30th, 2008 at 08:09 AM.
Exrexnotex no está en línea   Reply With Quote

Sponsored Links
Old June 30th, 2008, 05:02 AM   #5002
g-man430
Registered User
 
g-man430's Avatar
 
Join Date: Jan 2006
Location: Greenville, SC
Posts: 8,238
Likes (Received): 144

Oops: http://online.wsj.com/article/SB1214..._us_whats_news
__________________
Visit Greenville, SC
g-man430 no está en línea   Reply With Quote
Old June 30th, 2008, 08:58 AM   #5003
Infrasuper Planet
Infrasuper Planet
 
Infrasuper Planet's Avatar
 
Join Date: Nov 2007
Posts: 399
Likes (Received): 1

Trade Center Rebuilding Faces Big Setback

Here is the above linked article with key info highlighted for you all

Trade Center Rebuilding
Faces Big Setback
By ALEX FRANGOS
June 30, 2008

NEW YORK -- The rebuilding of the World Trade Center, destroyed in the Sept. 11, 2001, attacks, won't be completed until the middle of the next decade, and will cost as much as $3 billion more than planned, according to people familiar with the matter.

The Port Authority of New York and New Jersey, which owns the 16-acre site in Lower Manhattan, is expected to release a report Monday detailing significant delays and cost overruns on construction there.

The report won't specify new completion dates or budget figures, but people familiar with the project say major components of it will be delayed one to three years and will cost $1 billion to $3 billion more than the current estimate of $15 billion. They caution that those estimates are preliminary and could shrink.
[photo]
Associated Press
Construction continues on the foundations of the Sept. 11 Memorial at the World Trade Center site. In addition to the memorial, the Freedom Tower, three office towers, and a transportation hub are under construction.

"The executive director will give a candid assessment of where we are and where we need to go to get the site rebuilt," said Port Authority spokesman Stephen Sigmund. He dismissed the estimates as overly pessimistic. "Anyone giving you dates and budgets today would have to have a crystal ball."

The delays mean the Sept. 11 Memorial planned for the site probably won't be finished by Sept. 11, 2011, the 10th anniversary of the terror attacks. Port Authority executives hope at least part of the eight-acre memorial -- which includes two massive voids representing the shattered Twin Towers, an underground visiting area and a museum -- will open by then, people familiar with the project said. However, the foundation in charge of planning the memorial remains committed to finishing it by the anniversary date.

"Our goal out of this process is to ensure that the memorial is completed and open in time for the 10th anniversary," Lynn Rasic, a spokeswoman for the foundation, said Sunday.

Monday's report also will likely damp enthusiasm among potential tenants and outside investors for taking space in the planned office skyscrapers. Investment giant Merrill Lynch & Co. has been in talks to take over one of the planned buildings, Tower 3. But Merrill, the Port Authority and private developer Larry Silverstein, who is building that tower, remain far apart, a government official said. That official called a deal unlikely. Others involved said it was unclear that the delays would greatly affect Tower 3, and that Merrill could still be coaxed onboard at the right price.

A Merrill spokeswoman declined to comment. Silverstein spokesman Dara McQuillan couldn't be reached for comment.

Symbol of the City

The rebuilding on the site of the Sept. 11 attacks has been hailed as a symbol of the city and the nation's resilience after the deadliest act of terrorism on American soil. Plans for the Trade Center call for it to eventually include the memorial, five office towers, a transit hub providing access to underground rail lines, and a performing-arts center. But repeated delays, budget overruns and -- lately -- logistical hurdles and poor management among the site's half-dozen major elements have marred the project.
[David Paterson]

New York Gov. David Paterson, who controls the Port Authority along with New Jersey Gov. Jon Corzine, ordered the new progress report amid rumblings that construction was falling behind.

The challenges center on the Port Authority's planned transit hub and the memorial, which sits above commuter-rail tracks. Decisions at one project affect the other, but they are being designed and built by different teams.

The hub's wing-shaped design and its underground passageways and underpinnings have proved to be difficult to execute within the original $2 billion budget. The transit hub, most recently scheduled to open in 2011, probably won't open until perhaps 2014, officials say, though estimates of the delays are still preliminary. The foundation overseeing the memorial, meanwhile, has yet to finalize some aspects of the above-ground portion of that project.

Any delays related to the transit hub also would set back the 500,000 square feet of retail space located within the hub and adjacent spaces. Westfield Group, an Australian mall operator, owns the development rights to the planned collection of shops. A Westfield spokeswoman declined to comment.

Before 9/11, the retail space at the Trade Center was among the highest-grossing in the nation.

The delays at the memorial could put Mr. Paterson at odds with New York City Mayor Michael Bloomberg, who serves as chairman of the effort to build the memorial and is also regarded as a potential contender for the governorship in 2010. The mayor stepped in to lead the memorial effort after it floundered earlier on, and has staked his reputation on its completion on time and on budget.

As critical security screening facilities and the adjacent transit hub fall behind, completion of the office space at the site will be pushed back. Officials cautioned that it will require additional study to know for sure how much longer it will take to build the office space.
[Larry Silverstein]

Mr. Silverstein's three towers could see their deadlines delayed past the current 2013 targets. But that could give the developer some respite from the credit crunch and the weak economy, which have helped to reduce major companies' demand for office space.

The Freedom Tower, an office tower controlled by the Port Authority and currently under construction, had been targeted for completion by the end of 2011. Now, the tower, which is expected to be occupied by state and federal agencies, is likely to be delayed a year.

Monday's report, to be issued by Port Authority Executive Director Christopher Ward, will identify 17 to 20 logistical, contracting and budgetary matters that need to be resolved before a firmer schedule and budget can be set in a second report, promised for September. The report also will call for a new committee to oversee the Trade Center project, including representatives from various government agencies and private organizations that have a role at the site.

Supporting Role

Attempts at coordination have been made before. Shortly after the attacks, New York state and city established the Lower Manhattan Development Corp. to oversee construction. But, as the Port Authority has asserted its ownership rights at the site, the LMDC has been reduced to a supporting role.

In 2006, the Port Authority emerged as the lead agency. But it has found itself unable to push forward while coordinating with the other players, including New York City and state agencies that have roles in transportation, planning and funding.

Write to Alex Frangos at [email protected]
__________________

Aerials are Beyond Ones Mind to Imagine.
We are watching the Future Rise from the depth of the Earth and into the Heavens ever Higher

Last edited by Infrasuper Planet; June 30th, 2008 at 09:04 AM.
Infrasuper Planet no está en línea   Reply With Quote
Old June 30th, 2008, 11:09 PM   #5004
storms991
Leicester:NY:London
 
storms991's Avatar
 
Join Date: Mar 2006
Location: New York, NY
Posts: 492
Likes (Received): 81

Agency wants to throw out WTC rebuilding schedule

By AMY WESTFELDT, Associated Press Writer 53 minutes ago

NEW YORK - The World Trade Center's owner on Monday proposed scrapping the schedule and budget for the prolonged rebuilding of the site of the Sept. 11 terrorist attacks, saying nearly every project is delayed and over budget and that previous estimates are unrealistic.


Christopher Ward, executive director of the Port Authority of New York and New Jersey, didn't set new deadlines and budgets for the multibillion-dollar redevelopment at the destroyed trade center complex. He proposed that a committee of developers and government agencies involved in the project meet to set new, "clear and achievable timelines" by the end of September.

"The schedule and cost estimates of the rebuilding effort that have been communicated to the public are not realistic," Ward wrote Monday to Gov. David Paterson, who asked in June for a progress report on the site.

Under current plans, the earliest opening date for the first project at the site — the memorial — is 2011, the 10th anniversary of the attack. The Freedom Tower and other skyscrapers planned for ground zero aren't expected to open until 2013 at the earliest.

The deadlines for building the office towers, memorial and Sept. 11 museum, a transit hub, and performing arts center at ground zero have been changing almost since planning began. At one point, the plan called for the 1,776-foot Freedom Tower to be ready for occupancy by 2008.

Paterson demanded a quicker pace for a project that has been slowed by political wrangling, passionate arguments about the site's symbolism, rising construction costs and the logistics of building so much at once on such a small space.

Ward listed 15 issues affecting the rebuilding, which he said didn't become clear until full-scale construction began on most projects over the past three years.

A transit hub, featuring a winged dome designed by Spanish architect Santiago Calatrava, presents some of the greatest rebuilding obstacles because it affects office towers, the memorial and space for an arts center that surrounds it. Once budgeted at $2.2 billion, estimates have soared as high as $3.4 billion.

Ward said the Port Authority is working on several options to cut costs, including redesigning the dome so that its roof does not open and close as once designed.

He said no centralized command exists to oversee the rebuilding, which "has led to indecision that has resulted in significant schedule delays and cost escalation."

Ward proposed a committee to oversee new timelines that includes private developer Larry Silverstein — in charge of building three of five towers — the Port Authority, the Lower Manhattan Development Corp. rebuilding agency, the mayor's office, the foundation building the memorial and the Metropolitan Transportation Authority.

Two years ago, in the last year of Gov. George Pataki's administration, the agency said it had expedited development at the site by renegotiating a 99-year lease with Silverstein and shifting responsibility for who would build what.

It set clear deadlines and penalties, including $300,000-a-day payments to Silverstein if the agency didn't deliver land on time. The agency has paid Silverstein over $14 million in penalties after missing those deadlines.


Last edited by storms991; June 30th, 2008 at 11:16 PM.
storms991 no está en línea   Reply With Quote
Old June 30th, 2008, 11:13 PM   #5005
xXFallenXx
Registered User
 
xXFallenXx's Avatar
 
Join Date: Jun 2007
Location: Temecula, CA
Posts: 3,859
Likes (Received): 170

WTC Grand Opening 2018!
xXFallenXx no está en línea   Reply With Quote
Old June 30th, 2008, 11:23 PM   #5006
Chicagophotoshop
Chicago Photographer
 
Join Date: Jun 2007
Location: Chicago, IL USA
Posts: 2,832
Likes (Received): 14

I just got back from NYC. I absolutely LOVE that city, but I'm very sad at the progress of this site.
__________________
Portfolio | Twitter | Facebook | Flickr | Gear
| SmugMugPro
Chicagophotoshop no está en línea   Reply With Quote
Old June 30th, 2008, 11:23 PM   #5007
Chicagophotoshop
Chicago Photographer
 
Join Date: Jun 2007
Location: Chicago, IL USA
Posts: 2,832
Likes (Received): 14

double post
__________________
Portfolio | Twitter | Facebook | Flickr | Gear
| SmugMugPro

Last edited by Chicagophotoshop; July 1st, 2008 at 05:06 AM.
Chicagophotoshop no está en línea   Reply With Quote
Old June 30th, 2008, 11:33 PM   #5008
mudvayneimn
Evry City Nds a Blk Box!
 
mudvayneimn's Avatar
 
Join Date: Dec 2006
Location: Louisville, KY
Posts: 330
Likes (Received): 17

Well this sucks. But everything will get done, one way or another.

And what is with all these double/triple posts today?
__________________
If you've Never Experienced Louisville, Kentucky, you'll never understand...
Museum Plaza
mudvayneimn no está en línea   Reply With Quote
Old June 30th, 2008, 11:46 PM   #5009
xXFallenXx
Registered User
 
xXFallenXx's Avatar
 
Join Date: Jun 2007
Location: Temecula, CA
Posts: 3,859
Likes (Received): 170

I'm in the preliminary stages of planning a trip to NYC in the summer or 2010....so does anyone have an idea how far along this will be?
xXFallenXx no está en línea   Reply With Quote
Old July 1st, 2008, 02:18 AM   #5010
Ebola
BANNED
 
Join Date: Mar 2006
Location: New York City
Posts: 1,658
Likes (Received): 94

Very far, nearing half. Two years from now still means we'll be seeing FT about half erected and the rest of the towers starting to rise or in the process of going up. The delay has the least impact on the Freedom Tower and we should have all seen it coming with T3 and T4 because of the redesign that will increase the size of the project and T2 because they were a month behind with preping the site. This isn't new news to anyone who has their eye on this project. Hate to see the hub go but I can assure people that the towers aren't going anyewhere; in fact, they'll be better than ever. It seems like everything is under fire right now except the towers. There is a strong push to stop the current memorial design from what I hear. I think it has something to do with the fact that it's underground, but that's inane since this whole project has large underground areas.

Last edited by Ebola; July 1st, 2008 at 02:24 AM.
Ebola no está en línea   Reply With Quote
Old July 1st, 2008, 03:50 AM   #5011
storms991
Leicester:NY:London
 
storms991's Avatar
 
Join Date: Mar 2006
Location: New York, NY
Posts: 492
Likes (Received): 81

I say forget the memorial for now as they already have that 9/11 museum/memorial near the old Deutche Bank Tower.
storms991 no está en línea   Reply With Quote
Old July 1st, 2008, 03:59 AM   #5012
stewartrama
the stoop- little jackie
 
Join Date: Jun 2008
Location: Washington DC
Posts: 389
Likes (Received): 13

i no its ridiculous one is at ground level and the other has 5 floors to go
stewartrama no está en línea   Reply With Quote
Old July 1st, 2008, 04:06 AM   #5013
storms991
Leicester:NY:London
 
storms991's Avatar
 
Join Date: Mar 2006
Location: New York, NY
Posts: 492
Likes (Received): 81

Not to ignite any fires, or add fuel to, the World Trade Center Memorial will cost $500 million to celebrate the lives of 2998 people, while the Vietnam War Memorial, representing the lives of 58,209 American soldiers cost only $18 million in today's dollars.

Something is wrong here. The families of 9/11 survivors have WAY too much power, its not like these people died fighting for their country.
storms991 no está en línea   Reply With Quote
Old July 1st, 2008, 04:20 AM   #5014
Basincreek
Contrary Lite
 
Join Date: Mar 2008
Location: Tuolumne City, CA
Posts: 544
Likes (Received): 55

Quote:
Originally Posted by storms991 View Post
Not to ignite any fires, or add fuel to, the World Trade Center Memorial will cost $500 million to celebrate the lives of 2998 people, while the Vietnam War Memorial, representing the lives of 58,209 American soldiers cost only $18 million in today's dollars.

Something is wrong here. The families of 9/11 survivors have WAY too much power, its not like these people died fighting for their country.
They died just being at work were they are supposed to be safe and secure.
Basincreek no está en línea   Reply With Quote
Old July 1st, 2008, 04:36 AM   #5015
storms991
Leicester:NY:London
 
storms991's Avatar
 
Join Date: Mar 2006
Location: New York, NY
Posts: 492
Likes (Received): 81

Although all human beings strive to be perpetually safe, there is no place on Earth where you are constantly without threat; please remember that.

Sorry for this off-topic comment.
storms991 no está en línea   Reply With Quote
Old July 1st, 2008, 04:47 AM   #5016
ramvid01
Registered User
 
Join Date: May 2005
Location: NYC
Posts: 749
Likes (Received): 68

Quote:
Originally Posted by storms991 View Post
Not to ignite any fires, or add fuel to, the World Trade Center Memorial will cost $500 million to celebrate the lives of 2998 people, while the Vietnam War Memorial, representing the lives of 58,209 American soldiers cost only $18 million in today's dollars.

Something is wrong here. The families of 9/11 survivors have WAY too much power, its not like these people died fighting for their country.
And to think some of the families wanted the whole site to be a memorial.
ramvid01 no está en línea   Reply With Quote
Old July 1st, 2008, 05:07 AM   #5017
Chicagophotoshop
Chicago Photographer
 
Join Date: Jun 2007
Location: Chicago, IL USA
Posts: 2,832
Likes (Received): 14

Quote:
Originally Posted by mudvayneimn View Post

And what is with all these double/triple posts today?
servers or databases or both have really been acting up lately.
__________________
Portfolio | Twitter | Facebook | Flickr | Gear
| SmugMugPro
Chicagophotoshop no está en línea   Reply With Quote
Old July 1st, 2008, 05:09 AM   #5018
Chicagophotoshop
Chicago Photographer
 
Join Date: Jun 2007
Location: Chicago, IL USA
Posts: 2,832
Likes (Received): 14

Quote:
Originally Posted by storms991 View Post
Not to ignite any fires, or add fuel to, the World Trade Center Memorial will cost $500 million to celebrate the lives of 2998 people, while the Vietnam War Memorial, representing the lives of 58,209 American soldiers cost only $18 million in today's dollars.

Something is wrong here. The families of 9/11 survivors have WAY too much power, its not like these people died fighting for their country.
I'm not in total disagreement with you but your comment still doesnt sit very well. how much is 18 million in todays dollars?
__________________
Portfolio | Twitter | Facebook | Flickr | Gear
| SmugMugPro
Chicagophotoshop no está en línea   Reply With Quote
Old July 1st, 2008, 05:25 AM   #5019
HardRocker
Registered User
 
HardRocker's Avatar
 
Join Date: Oct 2006
Location: Tampa
Posts: 79
Likes (Received): 7

I agree that 500 million is a bit much, but if you look at the Vietnam War Memorial, it is simply impressive. A wall with that many names, no need for it to cost that much money, it was built as a clear symbol and it is stunning, seeing all of those names one after the other in small print, names of men who died fighting for this country. They were probably going for simplicity, and used it as a tranquil, if you will, reminder of those men. But isn't the fact of the victims being innocent only more devastating? Look at the Oklahoma City Memorial, $29 million, 168 people died in that act of terrorism. There is a difference between a war memorial and a memorial for an act of terrorism. Ground Zero, after all is the first battlefield in the War on Terror, and I believe an impressive memorial is completely necessary for a location that is so important in American history.
__________________
TAMPA
HardRocker no está en línea   Reply With Quote
Old July 1st, 2008, 05:38 AM   #5020
storms991
Leicester:NY:London
 
storms991's Avatar
 
Join Date: Mar 2006
Location: New York, NY
Posts: 492
Likes (Received): 81

Quote:
Originally Posted by Chicagophotoshop View Post
I'm not in total disagreement with you but your comment still doesnt sit very well. how much is 18 million in todays dollars?
18 million in today's dollar's I said so in my post.

Quote:
Originally Posted by HardRocker View Post
I agree that 500 million is a bit much, but if you look at the Vietnam War Memorial, it is simply impressive. A wall with that many names, no need for it to cost that much money, it was built as a clear symbol and it is stunning, seeing all of those names one after the other in small print, names of men who died fighting for this country. They were probably going for simplicity, and used it as a tranquil, if you will, reminder of those men. But isn't the fact of the victims being innocent only more devastating? Look at the Oklahoma City Memorial, $29 million, 168 people died in that act of terrorism. There is a difference between a war memorial and a memorial for an act of terrorism. Ground Zero, after all is the first battlefield in the War on Terror, and I believe an impressive memorial is completely necessary for a location that is so important in American history.
The Vietnam Memorial is a true work of art; without spending a fortune, it remembers all the men and women who died. Building an over-extravagant, half billion dollar memorial in the center of lower Manhattan does not justify their deaths, nor will it ever fully appease any family 100%. What does matter is that something gets built that is not over the top and does not strain the schedule of Ground Zero completing its main objective, getting back on with business.

P.S.
I just finished reading the Wiki on the Oklahoma City Bombings Memorial. They have an "empty chair"(essentially a modern art sculpture built out of rusted steel) for each victim, and a reflecting pool......
At least it wasn't built directly in the center of the US's largest city.

Last edited by storms991; July 1st, 2008 at 09:57 PM.
storms991 no está en línea   Reply With Quote


Reply

Tags
construction updates, development, ground zero, manhattan, new york city, nyc, port authority, supertall, world trade center

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity


All times are GMT +2. The time now is 11:42 PM.


Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2017, vBulletin Solutions Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

Hosted by Blacksun, dedicated to this site too!
Forum server management by DaiTengu