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United States Procurement News Notice - 62078


Procurement News Notice

PNN 62078
Work Detail $1.5 billion Legends Tower Funding Secured may foresee the construction works kick off in the month of September of this year. The Legends Tower located in Oklahoma City, is planned to become the tallest building in the United States of America, as revealed by its developer Scot Matteson just recently. The Legends Tower was designed by the Californian architecture studio AO. This upcoming super tall skyscraper in the United States of America is now fully funded as of the beginning of the month of March. This information was brought to light by a local news outlet, The Oklahoman. Legends Tower Funding Secured According to Matteson, they had secured a total of $1.5 billion that is needed to fully fund the construction of the upcoming skyscraper and also the three smaller towers surrounding it; which will be collectively be referred to as the Boardwalk at Bricktown. Matteson revealed that the preparations on the construction site could commence as soon as June following the Legends Tower Funding Secured. “First of all, we will be acquiring a grading and infrastructure permit,” stated Matteson, who has recently partnered with quite a number of local construction consultants i.e. Thinkbox and the engineering firm Thornton Tomasetti for the Legends Tower project. Height of the Upcoming Oklahoma Building Upon completion, the Legends Tower skyscraper will have a height of 1,907 feet which is equivalent to 581 meters thereby making it the tallest building in the United States of America and the fifth in ranking globally. Initially, the Legends Tower, was set to have a 1,750 feet i.e. 533 meters height, but just a few weeks after the initial announcement was made, Matteson and his company revealed that there would be an extension made to the spire of the building structure. Facilities of the Building This upcoming mega skyscraper shall contain hotels, a number of residential units, and commercial spaces for conducting business activities. The Oklahoman featured quite a number of comments from many experts in the construction industry like local engineer Norb Delatte, most of which questioned the decision reached of establishing the Legends Tower in an area that has low density, as compared to the urban centers such as the city of New York. Others referred the upcoming tower project as “fanciful” Despite the detractions that arose regarding the upcoming skyscraper project, Matteson pointed out the project as being one that is very realistic for the city of Oklahoma. “Currently, Oklahoma City itself is promoting all the things that I am seeing now-job creation and jobs, among the fastest growing cities in the United States of America, having a lot of migration moving towards it. This is indeed a positive environment for business activities,” said Matteson, “The downtown part of the city is now ready for urban development. It is indeed the right place just at the right time.”
Country United States , Northern America
Industry Construction
Entry Date 18 Mar 2024
Source https://constructionreviewonline.com/construction-news/usa/1-5-billion-legends-tower-funding-secured-in-oklahoma-building-set-to-become-the-tallest-in-united-states-upon-completion/

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