American Express announced plans to build a new global headquarters at 2 World Trade Center in Lower Manhattan. American Express will be the sole owner and occupancy of the new building, which is expected to be completed in 2031. The new headquarters will be custom designed to foster innovation, collaboration, and well-being for colleagues, while reinforcing the company's deep roots in New York City.
Located at 200 Greenwich Street, the new American Express headquarters is designed by Foster + Partners. Spanning nearly two million square feet across 55 floors, the new American Express building will have capacity to host up to 10,000 colleagues across flexible and modern workspaces designed to inspire collaboration and creativity. It will feature more than an acre of outdoor space with several greenery-filled terraces and gardens and sweeping views of the Manhattan skyline.
Designed with advanced smart-building technology and fully-electric, energy-efficient systems, the project will pursue Leadership in Energy and Environmental Design (LEED) certification. Silverstein Properties is the developer, and Foster + Partners is the design architect for the project. Located at 200 Greenwich Street., the building will be developed on land owned by the Port Authority under a long-term ground lease.
The project represents a significant investment in the future of work, technology, and the ongoing economic vibrancy of Downtown Manhattan. The development is expected to create over 3,200 direct and indirect construction-related jobs in New York City during the duration of the project, with an estimated contribution of approximately $5.9 billion to the City's economy and $6.3 billion to the New York State economy overall. American Express moved to its current headquarters at 200 Vesey Street in 1986 and has made significant investments over the decades to support its New York-based colleagues, the neighborhood's economic vibrancy, and the local community.
Construction is planned to begin in the spring of 2026, and American Express expects to begin welcoming colleagues to the new building in 2031. The company will retain its current headquarters at 200 Veey Street until the completion of the project. The project is not expected to have a material impact on the company's financial results.
