OAN Staff Katherine Mosack
8:44 AM – Thursday, February 26, 2026
The World Trade Center’s final tower in New York City is set to begin construction as soon as this spring, 25 years after 9/11 demolished the original Twin Towers at what is now known as Ground Zero, New York Governor Kathy Hochul said.
Hochul joined American Express to announce on Wednesday that the credit card company “plans to build a new state-of-the-art global headquarters at 2 World Trade Center, deepening the company’s long-time commitment to Lower Manhattan,” according to a fact sheet released by the company.
The building is planned to span nearly 2 million square feet across 55 floors, half the amount in the original buildings, with the capacity for up to 10,000 individuals in “flexible and modern workspaces designed to inspire collaboration and creativity.” There will also reportedly be over an acre of outdoor space with “greenery-filled terraces and gardens and sweeping views of the Manhattan skyline.”
It will be located at 200 Greenwich Street and provide a new space for the American Express headquarters. The company said that it “will be custom-designed to provide the workplace experience of the future.”
“This is an investment in our company’s future, our colleagues, and the Lower Manhattan community, reaffirming our deep commitment to the neighborhood we’ve called home for nearly two centuries,” said Stephen J. Squeri, Chairman and CEO of American Express. “Our new headquarters will be more than just a building — it will be a place for our colleagues to feel energized, inspired, and proud — a home for innovation, interaction, and growth. We’re excited to work with our partners and local leaders to shape this exciting new era for American Express and Lower Manhattan.”
American Express included the new headquarters at Two World Trade Center in the post-9/11 master plan first announced in 2003. The construction’s completion is expected in 2031, 30 years after the fall of the original Twin Towers.
The developer, Silverstein Properties, will collaborate with Foster + Partners, the architect, to construct the ambitious new tower, which is expected to create over 3,200 construction-related jobs in New York City and an estimated $5.9 billion to the city’s economy and $6.3 billion to the state’s economy.
“There is no better state than New York to do business, and from flagship corporations to small businesses, we are seeing employers plant their flag in our state for generations to come. Building 2 World Trade Center will bring another iconic skyscraper to Lower Manhattan, create thousands of good-paying union jobs, and provide billions in economic benefits to New Yorkers,” stated Governor Hochul, who is seeking reelection this year.
“The completion of the final commercial tower at the World Trade Center is more than an investment — it’s a testament to the power of union labor and the dignity of work,” said New York City’s new Democratic Socialist Mayor, Zohran Mamdani. “This project represents thousands of good, union jobs that sustain families and strengthen our communities. When we invest in New York, we must ensure that investment flows to working people — to the carpenters, electricians, and laborers who quite literally build this city. That’s how we grow our skyline and our economy at the same time: by putting working New Yorkers first.”
The plan is meant to revive the site of the most devastating terror attack in American history, in which al-Qaeda terrorists took 2,977 lives by flying planes into the twin towers.
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