By  on October 24, 2013

There's a retail revolution imminent in Lower Manhattan.

Today’s unveiling of the West Concourse of the World Trade Center is the latest step in the renaissance of the emotionally resonant site, which is expected to become a major draw for office workers, tourists, residents and shoppers. Australian shopping mall developer Westfield, which is guiding the project’s 440,000 square feet of retail space, has an ambitious plan involving soaring ceiling heights, architectural prowess and a $1.2 billion price tag at full build out. Westfield paid the Port  Authoritu $612.5 million for its 50 percent stake. The entire campus of 16 acres has a $20 billion price tag.

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