BUSINESS
World Trade Center on way to completion
Staff Writer
Columbus CEO
NEW YORK (AP) — Thirteen years after 9/11 forever changed the New York skyline, officials say development at the World Trade Center complex is on track and on budget.
Port Authority Vice Chairman Scott Rechler said Tuesday that 1 World Trade Center and a transportation hub will open in phases. He says the center will open sometime this fall with a 60 percent occupancy rate.
Developer Larry Silverstein says his company is obtaining financing to complete 3 World Trade Center by early 2018. Its construction was halted last year.
State and city officials say a completed World Trade Center site will create a vibrant business district.
Already, 500-million-square feet of office space have been leased out at the complex.