$100 Million Fund Created for Performing Arts Center at World Trade Center Site

A $100 million fund has been set up for the Performing Arts Center at the World Trade Center site, it was announced today by Mayor Michael R. Bloomberg, Governor David A. Paterson and Assembly Speaker Sheldon Silver.

In a statement, Mayor Bloomberg said, “Our collective desire to put $100 million towards the development of the Performing Arts Center at the World Trade Center site makes clear that the cultural venue is a critical part of the ongoing revitalization of Lower Manhattan.”
The venue will be capable of hosting a broad range of performing arts, including the previously announced Joyce Theater, which will be one of the center’s tenants.

Gehry Partners — working in collaboration with HOK Architects and Faithful + Gould — has developed a design for the building containing a 1,000-seat theater, a secondary theater, rehearsal spaces, classrooms, a public cafe, outdoor plazas and administrative space. Earlier this year, the Port Authority began construction of the Performing Arts Center foundations and associated utilities as a part of its ongoing work at the PATH Station.