Overview
- Construction is slated to begin in spring 2026 with completion targeted for 2031.
- The Foster + Partners–designed tower will rise 55 stories and 1,226 feet, span nearly 2 million square feet, and accommodate about 10,000 employees.
- American Express will own the building and lease the underlying land from the Port Authority after Silverstein Properties transferred its site lease to the company.
- Project details include a fully electric design, smart-building systems, energy-efficient operations, pursuit of LEED certification, and more than an acre of outdoor terraces and gardens.
- Officials project more than 2,000 union construction jobs, 3,200 total jobs, and roughly $5.9 billion in city and $6.3 billion in state economic impact, with no tax incentives disclosed; American Express will remain at 200 Vesey Street until the move.