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NEW YORK -- A new design for the Freedom Tower at the World Trade Center site slopes gracefully into a spire rising 1,776 feet, echoing the Statue of Liberty and alluding to the year of American independence.
Bloomberg said the design will "dramatically reclaim" a part of the New York City skyline that was lost on Sept. 11, 2001.
The cost is estimated at $1.5 billion, said Charles Gargano, vice chairman of the Port Authority of New York and New Jersey, the public agency that owns the site.
Gargano said the Port Authority, which had headquarters in the World Trade Center, plans to occupy one-third of the building's office space. The governor's Manhattan offices will also be located in the tower.
The building is to be put up on the northwest part off the World Trade Center site, not on the footprint of the vanished towers. The 1,776-foot structure would surpass Taiwan's Taipei 101 tower and would rise 426 feet higher than the World Trade Center towers.
Leaseholder Larry Silverstein, who appointed Childs to join Libeskind in creating the final design, has promised to build one new skyscraper at the site each year after the expected completion of the Freedom Tower in 2009, finishing the five-building complex in 2013.
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