L&L Holding Company and Lehman Brothers Holdings have selected UK-based architectural firm Foster + Partners to design the new office tower at 425 Park Avenue in New York, US.
The new 200m tall building will replace the current 32-storey, 552,000ft² tower located at 55th and 56th Streets, which was built in 1957.
The tower will feature landscaped terraces and large windows that will provide natural light as well, as offer views across Manhattan and Central Park.
Upon completion, the new building will be 687ft high, taller than the 370ft structure it will be replacing. The building will feature three illuminated shear walls against a tapered steel-frame tower.
Each section of the tower will feature column-free floors and the facade will integrate with the internal arrangement.
The conceptual design for the design will be presented during the Municipal Arts Society’s third annual Summit for New York City, to be held on 19 October.
The conceptual design presented by the design firm will be the framework for a two-year collaborative process with L&L Holding’s project team to develop the architectural and construction plan for the tower.
L&L Holding chairman and CEO David Levinson said: "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."
Foster + Partners beat off competition from Zaha Hadid Architects, OMA and Rogers Stirk Harbour & Partners to design the tower. Construction of the tower is expected to commence in 2015 and be completed by the end of 2017.
Prior to the new office tower at 425 Park Avenue, Foster + Partners designed Two World Trade Center (2 WTC) at 200 Greenwich Street and the Hearst Tower in New York, US.
Image: The new 200m building at 425 Park Avenue will replace the current 32-storey tower. Photo courtesy of Foster + Partners.