• News
    • About
    • Contact Us
    • Social
    • Miami
    • New York
Menu

PROFILEnyc

  • News
  • Connect
    • About
    • Contact Us
    • Social
  • Channels
    • Miami
    • New York
PROFILE+Pre+Construction+Development+Condo+Summit+2025+Banner+Real+Estate+Networking+Event+2.png
No results found

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
← Witkoff and Access Industries' One High Line Becomes Fastest NYC Project To Reach $1 Billion In Sales In Past DecadeHedges Inn in East Hampton Under New Ownership, Community-Friendly Plans Ahead →

Subscribe

Sign up to stay up to date with the latest in New York residential & commercial real estate news and content. 

We respect your privacy.

Thank you!

Latest Posts

Featured
Hand-Laid Masonry Façade Nearing Completion At Naftali Group's The Willow In Gramercy 20.jpg
September 8, 2025
Hand-Laid Masonry Façade Nearing Completion At Naftali Group's The Willow In Gramercy
September 8, 2025

Construction is progressing smoothly at Naftali Group’s The Willow where the buildings hand-laid masonry façade is nearing completion. The Willow is a new luxury residential building in the heart of New York's historic Gramercy neighborhood which launched sales in April 2025.

Read more →
September 8, 2025
Alloy Development & The Vistria Group Secure $535M for One Third Avenue, Poised to Become the World’s Tallest Passive House Tower 2.jpg
September 5, 2025
Alloy Development & The Vistria Group Secure $535 Million for One Third Avenue, Poised to Become the World’s Tallest Passive House Tower
September 5, 2025

Alloy Development and The Vistria Group have closed on $535 million in financing to launch One Third Avenue, the second phase of the Alloy Block in Downtown Brooklyn. Rising 730’, 62 stories, the project is designed to be the tallest Passive House building in the world and will introduce 583 new residences, including 153 permanently affordable homes.

Read more →
September 5, 2025
Silverstein Properties Reveals $7 Billion Mixed-Use Hospitality, Gaming And Entertainment Development 'The Avenir' 1.jpg
August 31, 2025
Silverstein Properties Reveals $7 Billion Mixed-Use Hospitality, Gaming And Entertainment Development 'The Avenir' On Manhattan's West Side
August 31, 2025

Silverstein Properties has revealed The Avenir, a $7-billion-dollar development that aims to reshape the Far West Side of Manhattan in partnership Rush Street Gaming and Greenwood Gaming. Planned for 41st Street and 11th Avenue, the project will rise 45 stories, 785’, and bring together a mix of hospitality, dining, culture, and entertainment in one destination.

Read more →
August 31, 2025
No results found

Subscribe

Sign up to stay up to date with the latest in New York residential and commercial real estate news and content.

We respect your privacy.

Thank you!

Copyright @ PROFILEnewyork - 2018

PROFILEnewyork takes no ownership of any imagery unless otherwise noted.