DistantNews
Support us
American Express Global Headquarters Breaks Ground at 2 World Trade Center, Promising 3200 Jobs
🇦🇷 Argentina /Economy & Trade

American Express Global Headquarters Breaks Ground at 2 World Trade Center, Promising 3200 Jobs

From La Nación · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • American Express will build its new global headquarters at 2 World Trade Center in Manhattan, a project expected to create over 3200 jobs.
  • The 55-story, 2-million-square-foot tower, designed by Foster + Partners, is slated for completion in 2031 and will be financed entirely by American Express.
  • The development is anticipated to contribute approximately $5.9 billion to New York City's economy and $6.3 billion to the state's economy, revitalizing the Financial District.

New York Governor Kathy Hochul celebrated the groundbreaking for the 2 World Trade Center, which will house American Express's new global headquarters, marking a significant milestone for the city's economic landscape. The tower's construction signifies the final piece of commercial development at the World Trade Center complex.

Designed by Foster + Partners, the 55-level building will offer over two million square feet of modern space. American Express, which has operated in the area since 1850, will retain full ownership of the structure. The company plans to move employees into the new facility by 2031, while continuing operations at its current Vesey Street location.

The project is projected to generate more than 3200 jobs in New York City, including over 2000 unionized construction positions. American Express is fully funding the construction, with Silverstein Properties managing the development. The tower is expected to inject approximately $5.9 billion into the local economy and an additional $6.3 billion statewide. The influx of thousands of employees is also anticipated to boost local businesses in the Financial District.

The new headquarters will prioritize energy efficiency with advanced electrical systems and smart building technology, aiming for LEED certification. Standing at 374 meters, the building will accommodate up to 10,000 workers in flexible spaces designed to foster innovation, collaboration, and employee well-being.

Today marks an important milestone to solidify the status of the World Trade Center complex as a premier location in our city for companies from around the world to grow and thrive.

— Kathy HochulGovernor Hochul speaking at the groundbreaking ceremony about the significance of the project.
DistantNews Editorial

Originally published by La Nación in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

More Stories

From Our Blog