The 2 World Trade Center officially broke ground in July 2026 at 200 Greenwich Street, marking a major milestone in the decades-long redevelopment of Lower Manhattan following the September 11 attacks. The tower will replace the second of the original twin towers destroyed in 2001.
Designed by Foster + Partners and developed by Silverstein Properties, the 55-storey skyscraper will rise 1,226 feet and serve as the future global headquarters of American Express. It forms the final piece of the World Trade Center site and is expected to be completed by 2031.
A member of the project team told Newsweek the next milestone will come in 2029, when the building's steel structure tops out at full height. Construction has moved quickly because much of the underground work, including the Oculus transportation hub, was completed years ago during earlier phases of the wider complex.
The tower's defining feature is an extensive network of outdoor space woven directly into the structure, including three large outdoor terraces at different levels and six additional covered gardens known as loggias. According to the project team, the building contains more outdoor space than the land it physically occupies.
Sustainability sits at the centre of the design. The tower will operate as an all-electric building, with a rainwater collection system on the rooftops reused to help cool the structure and irrigate surrounding public green spaces.
The project gained decisive momentum in February 2026, when American Express announced it would become the tower's sole owner and occupant, resolving a longstanding challenge in securing a major anchor tenant. The company has maintained a presence in Lower Manhattan for nearly 176 years.
The World Trade Center site spans 16 acres, following architect Daniel Libeskind's master plan, selected in 2002 as the winning proposal for the area's redevelopment. Since then, the complex has gradually risen to include One World Trade Center, the National September 11 Memorial and Museum, the Oculus and several office towers.
A project team member said each building on the site has been designed to remain respectful of the eight-acre memorial park, balancing remembrance with the area's continued growth as one of New York's fastest-growing residential neighbourhoods.
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