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But the office component was still to be decided.
That lease has been terminated, and the office component of the project has been suspended.
The company spent four years securing financing, tenants and approvals for the project, which was redesigned to the current mix when a 100,000-square-foot office component was dropped.
Forest City Ratner's own data show the arena to be a money-loser, and anyone in the real estate field would recognize the scheme's office component as highly speculative.
Swire hopes eventually to include an office tower with 750,000 square feet, but for now, the office component of the project will contain only 120,000 square feet.
The $12 million project, called the Courthouse Corporate Center, will add the office component to a master plan adopted in 1989 by the Town of Islip for the 788 acres along Carleton Avenue that were once occupied by the state hospital, a vast psychiatric center that at its peak in the mid-50's had as many as 10,000 patients.
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We're especially partial to portable office components that look as appealing as the climate outside.
The remaining $2.5 billion represents business interruption losses for the office components of the trade center complex, Silverstein said.
Internet Explorer 5 and a selection of additional Office components called the Value Pack can also be installed in a similar fashion from the Office CD.
In the subsequent years, transportation, housing and office components were added, and — reminiscent of the Hudson Yards development in Manhattan — the site became a centerpiece of Paris's bid for the 2012 Olympics, which were captured by London.
A particular concern, they said, is that changes in the economy and consumer tastes could force the developers to convert the project's entertainment or office components to retail, turning the project into a mammoth mall that would cannibalize existing stores and malls in the area.
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