Construction of the new 2.1-million-square-foot office building is well underway at the mixed-use Manhattan West development
New York, NY (May 26, 2016) — AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, announced today that its Tishman Construction unit is managing construction of Brookfield’s One Manhattan West in New York City. Tishman has been selected to serve as the preconstruction and construction manager of the 71-story, 2.1-million-gross-square-foot office building with a total cost of US$2.1 billion. The project was previously included in AECOM’s reported backlog.
“We are proud to help create an iconic tower that will be a key part of making the Far West Side the city’s newest vibrant neighborhood,” said Michael S. Burke, AECOM chairman and chief executive officer. “Brookfield’s Manhattan West is a transformative mixed-use project that will bring much-needed residential and office space to New York City – and we are excited to play a role in making it a reality.”
One Manhattan West will anchor the Northeastern corner of Brookfield’s 7-million-square-foot Manhattan West development that is being constructed around a 2-acre tree-lined park being developed atop the rail lines that lead to Pennsylvania Station. The tower has been designed by Skidmore, Owings and Merrill, and is aiming for LEED-Gold certification. Law firm Skadden, Arps, Slate, Meagher & Flom LLP is the anchor tenant, having signed a 20-year, 550,000-square-foot lease at the tower.
One Manhattan West will be a key component of the new mixed-use development. When complete, the development will include two new class A office towers, the rechristened Five Manhattan West office building (formerly 450 West 33rd Street), retail space, rooftop gardens, cafes and a luxury residential building. AECOM’s Tishman Construction is also providing construction management services for the repositioning of Five Manhattan West and the fit-out of several floors for the building’s new tenants.
AECOM is built to deliver a better world. We design, build, finance and operate infrastructure assets for governments, businesses and organizations in more than 150 countries. As a fully integrated firm, we connect knowledge and experience across our global network of experts to help clients solve their most complex challenges. From high-performance buildings and infrastructure, to resilient communities and environments, to stable and secure nations, our work is transformative, differentiated and vital. A Fortune 500 firm, AECOM had revenue of approximately $18 billion during fiscal year 2015. See how we deliver what others can only imagine at aecom.com and @AECOM.
About Tishman Construction, an AECOM company
Founded in 1898, Tishman Construction, a wholly owned AECOM subsidiary, is one of the world’s leading builders, responsible for managing construction of some of the nation’s most high-profile projects, including the 1,776-foot-high One World Trade Center in New York City, the new Oceanwide Center in San Francisco and the Metropolis mega development in Downtown Los Angeles. Known for successfully managing complex projects, Tishman is responsible for the construction of more than 500 million square feet of space, incorporating facilities of every size and type, including arts and culture, commercial, convention centers, education, gaming, government, health care, hospitality, residential, retail, sports and leisure, technology and transportation. More information on Tishman Construction can be found at tishmanconstruction.com.
Forward-Looking Statements: All statements in this press release other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including statements relating to the construction cost and development of the One Manhattan West project, as well as future economic and industry conditions. Actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in our quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2016, and our other reports filed with the U.S. Securities and Exchange Commission. AECOM does not intend, and undertakes no obligation, to update any forward-looking statements.
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