LOS ANGELES, Calif. – Tishman Construction, a unit of AECOM, will manage construction of One Vanderbilt, a world-class commercial office development in Manhattan.
Tishman will construct One Vanderbilt for New York City’s largest commercial property owner, SL Green Realty Corp. The 1,401-foot-tall skyscraper is designed by Kohn Pedersen Fox and located in the heart of New York’s East Midtown business district.
One Vanderbilt will stand directly adjacent to Grand Central Terminal, which is one of the busiest rail stations in the world. The 58-story building will include 1.6 million square feet of Class A commercial space, a public transit hall at the base of the building connected to a 14,000-square-foot public plaza, as well as $220 million of public transit improvements to the Grand Central transit hub. When One Vanderbilt is complete, it is expected to be the second-tallest office tower in New York City .
The building is designed to pay homage to the landmarked terminal and fit seamlessly into the skyline with the Chrysler Building, its neighbor only one block away. It is also expected to be LEED v4 Gold certified. The total value of construction for the project is approximately $1 billion.
Primary construction is scheduled to begin in 2016 and is expected to be complete in 2020.
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