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New Renderings Revealed For $700 Million New York Climate Exchange Designed by Skidmore, Owings & Merrill

February 25, 2025

New renderings for the New York Climate Exchange on Governors Island have been revealed, showcasing a visionary project aimed at tackling climate change. Developed by the esteemed architectural team of Skidmore, Owings & Merrill in collaboration with MNLA, Buro Happold, and Langan Engineering, this $700 million facility will focus on environmental research and education. Design finalizations are expected next year, groundbreaking is slated for fall 2026, and the grand opening is anticipated in fall 2029. The New York Climate Exchange promises to become a vital center for climate action and education, setting a benchmark for urban sustainable development.

Spanning 400,000 square feet, the complex feature two all-electric buildings connected by an innovative photovoltaic canopy and extensively utilize mass timber for construction. Set against the picturesque waterfront, it will be bordered by historical landmarks and provide a vibrant hub for climate solutions in partnership with Stony Brook University.

The latest designs highlight a striking solar canopy and glass enclosures, ensuring natural light for classrooms, exhibition spaces, and greenhouses aimed at equipping over 6,000 trainees in green jobs yearly. The facility is poised to offer diverse educational programs, including unique internship opportunities and a “semester abroad” experience on Governors Island.

Emphasizing resilience, the buildings will incorporate solar and geothermal systems and will be elevated eight feet to combat rising sea levels. The project will also enhance the island's natural beauty with five acres of new green space while revitalizing historic structures for student accommodations.

Funding is already underway, with significant commitments from the Simons Foundation and Bloomberg Philanthropies contributing $150 million in total. As the current site transforms, it will continue to support initiatives like the Billion Oyster Project and the Governors Island Teaching Garden.

Renderings via Skidmore, Owings & Merrill

In Commercial, Development, Education, News Tags News, Development, Commercial, New York Climate Exchange, Education, Skidmore Owings and Merrill, Governors Island, MNLA, Buro Happold, Langan Engineering
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