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WTC Developer Building Condos Near Ground Zero

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Oct 15, 2007 3:05 pm US/Eastern

WTC Developer Building Condos Near Ground Zero

NEW YORK (AP) ― World Trade Center developer Larry Silverstein has a new project near ground zero.

Silverstein is planning to build luxury condominiums, a five-star hotel and restaurant just a block away from the trade center site.

On Monday, the developer announced the architect for the Church Street tower -- Robert A.M. Stern, whose New York City firm has designed Tribeca Park and Tribeca Green.

Silverstein bought the Church Street property last year.

Demolition of the building that's there now will begin next month. The new tower is set to be finished in 2011. 

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(© 2010 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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