Disney’s new headquarters building in New York hits a major milestone, celebrates with topping-out ceremony
Construction is progressing nicely on the building that will soon house production studios, offices, retail space, and a public food court owned by The . so much so, that a “topping out” ceremony was held last week.
Located at 137 in , Disney’s new structure is referred to as Four . It takes up an entire city block bound by to the east, to the south, to the west, and to the north.
In January of this year, construction had only reached ten floors, and as of last week, crews placed the building’s highest steel member.
Earlier this month, a topping-out ceremony was held in celebration of a significant milestone in the construction of The ‘s newest building: the placement of the topmost beam in the new structure’s framework. A topping-out is a sure sign of progress and one that is celebrated by those who have a part in the new building’s development.
“A lot of times, those on location at the time the topmost beam is to be placed are invited to sign their names on the beam,” said Dwight Tyndall, Senior Engineering consultant at Click Engineering in Dallas, Texas. “Their names are then forever a part of the structure.”
This type of celebratory practice isn’t reserved just for The , and it isn’t uncommon. It’s often carried out at buildings of notable size and significance, but a topping-out celebration can happen for any construction project. And though there are some things about construction that are the same across the board, Tyndall says that each topping-out ceremony is different.
“It depends on the the project,” he said. “Some have a ceremony with dinner and a big celebration. It just depends on the project and the companies behind it.”
The ‘s ABC former building in was located on the , but Disney sold the building after announcing plans to move those operations to a new location in the Big Apple.
Disney sold the building it owned since 1949 on Columbus Avenue and a nearby parcel on West End Avenue for $1.2 billion to Silverstein Properties. Silverstein developed three of the completed World Trade Center towers and other projects. It was then that Disney signed a lease on the space. The lease is up in 99 years and cost the House of Mouse $650 million.
“We’re excited to invest in the growth and development of ,” it said in a statement, “and commit to Disney’s long-term future in .”
Structures on the space were demolished by 2020 to make room for the new build, a steel-framed superstructure, designed by Skidmore, Owings & Merrill and developed by Silverstein Properties. The building encompasses 1.2 million square feet spread out over 22 stories. The entire structure stands 338 feet tall. The building will house film and production studios, including the studio where ABC’s The View will be filmed, as well as , and a large retail space.
RELATED: Whoopi Goldberg is leaving “The View”
“This move represents an historic step forward toward our long-term vision for our ,” said Robert Iger, CEO of Disney in 2018 when the move from the was first announced. “The district is rapidly becoming a dynamic, innovative hub for media, technology and other creative businesses.”
The new building at Four will feature a pair of 320-feet towers made of glass and green terra cotta, as well as a public food court on the , and several landscaped terraces. In all, the new build will boast 30,000 square feet of outdoor space.
Disney and ABC understood the need for security features in and around the new build as well. Four will feature sidewalk bollards all around the property. There will be minimal Disney and ABC signage, and Disney is forgoing any street-level, glass-walled TV studios.
The new structure will be completed sometime in 2024.
