A partnership between L&L Holding Co. and Lehman Brothers Holdings Inc. (LBHI) announced the selection of Foster + Partners, led by Pritzker Prize-winning architect Lord Norman Foster, to design an iconic 650,000-sf office tower to be constructed at 425 Park Avenue in the famed Plaza District of Manhattan. The firm will work with the partnership to create an enduring landmark that befits its exclusive location yet is also of its current time and place.
Foster + Partners was selected at the conclusion of an international architects competition, a six-month process involving many of the world’s most acclaimed architecture firms. In addition to Foster + Partners, the partnership selected Rogers, Stirk, Harbour + Partners (Lord Richard Rogers), OMA (Rem Koolhaas) and Zaha Hadid Architects to participate in the final, conceptual design phase of the competition over the recent summer.
L&L Holding Chairman and CEO David Levinson also announced that he and Lord Foster will make a presentation on the conceptual design during the Municipal Arts Society’s 3rd Annual Summit for New York City on Oct. 19. The two-day summit, which starts Oct. 18, will also feature an exhibit featuring the 425 Park Avenue design concepts that were presented by each of the four finalists in the competition.
“We are grateful to each of the firms for the thoughtfulness and creativity they demonstrated throughout the process,” said Levinson. “There is no doubt that each group was fully capable of helping us realize our vision of a 425 Park Avenue tower that redefines the modern office environment while also respecting and enhancing the timeless allure of the Plaza district.”
Levinson added, “We are looking forward to beginning a process in which we translate Foster’s brilliant concept into a modern tower which offers its inhabitants the most functional and environmentally sustainable work environment imaginable, while also addressing the public realm in a way that hasn’t been accomplished in many years.”
Located in the heart of New York’s famed Plaza District, 425 Park Avenue will be the first full-block office development on this historic stretch in nearly half a century. The tower will be situated along Park Avenue’s double-wide boulevard with its attractive green medians, modern art exhibits and broad sidewalks. The district is also recognized as an epicenter of architectural excellence, as exemplified by the nearby Seagram Building and Lever House, which are two of only five structures in New York City to have won AIA’s esteemed “25 Year Award.”
Foster + Partners views the project as an outstanding opportunity to contribute to the existing character of Park Avenue while also responding to the scale and datum of the boulevard and neighboring buildings. Clearly expressing the geometry of its structure, Foster + Partners’ conceptual design features a tapered steel-frame tower rising to meet three illuminated shear walls, adding to the vibrant New York City skyline. The conceptual design also calls for an elegant façade that seamlessly integrates with the innovative internal arrangement that allows for three gradated tiers of column-free floors.
Offering world-class sustainable office accommodation, Foster + Partners envisions a new tower that anticipates changing needs in the workplace with large, open spaces that encompass flexible use. Each of the three tiers – low, medium and high-rise – is defined by a landscaped terrace that would provide excellent amenity for tenants and offer panoramic views across Manhattan and Central Park. At street level, the conceptual design for 425 Park Avenue gives as much to the city as to the people that will work in it with the potential for a large civic plaza marked by significant works of art.
The conceptual design will serve as the framework for a two-year collaborative process with L&L Holding’s project team to create a fully formed architectural and construction plan for the 425 Park Avenue tower. L&L Holding anticipates the start of construction in 2015, with the new 425 Park Avenue tower to be completed by the end of 2017.
Related Stories
| Nov 16, 2010
Architecture Billings Index: inquiries for new projects remain extremely high
The new projects inquiry index was 61.7, down slightly from a nearly three-year high mark of 62.3 in September, according to the Architecture Billings Index (ABI). However, the ABI dropped nearly two points in October; the October ABI score was 48.7, down from a reading of 50.4 the previous month. The ABI reflects the approximate nine to 12 month lag time between architecture billings and construction spending.
| Nov 16, 2010
Brazil Olympics spurring green construction
Brazil's green building industry will expand in the coming years, spurred by construction of low-impact venues being built for the 2016 Olympics. The International Olympic Committee requires arenas built for the 2016 games in Rio de Janeiro meet international standards for low-carbon emissions and energy efficiency. This has boosted local interest in developing real estate with lower environmental impact than existing buildings. The timing couldn’t be better: the Brazilian government is just beginning its long-term infrastructure expansion program.
| Nov 16, 2010
Green building market grows 50% in two years; Green Outlook 2011 report
The U.S. green building market is up 50% from 2008 to 2010—from $42 billion to $55 billion-$71 billion, according to McGraw-Hill Construction's Green Outlook 2011: Green Trends Driving Growth report. Today, a third of all new nonresidential construction is green; in five years, nonresidential green building activity is expected to triple, representing $120 billion to $145 billion in new construction.
| Nov 16, 2010
Calculating office building performance? Yep, there’s an app for that
123 Zero build is a free tool for calculating the performance of a market-ready carbon-neutral office building design. The app estimates the discounted payback for constructing a zero emissions office building in any U.S. location, including the investment needed for photovoltaics to offset annual carbon emissions, payback calculations, estimated first costs for a highly energy efficient building, photovoltaic costs, discount rates, and user-specified fuel escalation rates.
| Nov 16, 2010
CityCenter’s new Harmon Hotel targeted for demolition
MGM Resorts officials want to demolish the unopened 27-story Harmon Hotel—one of the main components of its brand new $8.5 billion CityCenter development in Las Vegas. In 2008, inspectors found structural work on the Harmon didn’t match building plans submitted to the county, with construction issues focused on improperly placed steel reinforcing bar. In January 2009, MGM scrapped the building’s 200 condo units on the upper floors and stopped the tower at 27 stories, focusing on the Harmon having just 400 hotel rooms. With the Lord Norman Foster-designed building mired in litigation, construction has since been halted on the interior, and the blue-glass tower is essentially a 27-story empty shell.
| Nov 16, 2010
Where can your firm beat the recession? Try any of these 10 places
Wondering where condos and rental apartments will be needed? Where companies are looking to rent office space? Where people will need hotel rooms, retail stores, and restaurants? Newsweek compiled a list of the 10 American cities best situated for economic recovery. The cities fall into three basic groups: Texas, the New Silicon Valleys, and the Heartland Honeys. Welcome to the recovery.
| Nov 16, 2010
Landscape architecture challenges Andrés Duany’s Congress for New Urbanism
Andrés Duany, founder of the Congress for the New Urbanism, adopted the ideas, vision, and values of the early 20th Century landscape architects/planners John Nolen and Frederick Law Olmsted, Jr., to launch a movement that led to more than 300 new towns, regional plans, and community revitalization project commissions for his firm. However, now that there’s a societal buyer’s remorse about New Urbanism, Duany is coming up against a movement that sees landscape architecture—not architecture—as the design medium more capable of organizing the city and enhancing the urban experience.
| Nov 16, 2010
Just for fun: Words that architects use
If you regularly use such words as juxtaposition, folly, truncated, and articulation, you may be an architect. Architects tend to use words rarely uttered during normal conversations. In fact, 62% of all the words that come out of an architects mouth could be replaced by a simpler and more widely known word, according to this “report.” Review this list of designer words, and once you manage to work them into daily conversation, you’re on your way to becoming a bonafide architect.
| Nov 16, 2010
NFRC approves technical procedures for attachment product ratings
The NFRC Board of Directors has approved technical procedures for the development of U-factor, solar heat gain coefficient (SHGC), and visible transmittance (VT) ratings for co-planar interior and exterior attachment products. The new procedures, approved by unanimous voice vote last week at NFRC’s Fall Membership Meeting in San Francisco, will add co-planar attachments such as blinds and shades to the group’s existing portfolio of windows, doors, skylights, curtain walls, and window film.
