iac/interactivecorp announced that the company's new headquarters, designed by frank gehry, will rise in the chelsea district of manhattan. the iac building will begin construction by early 2004 and is expected to be fully completed by end of year, 2006. iac is developing the building in partnership with the georgetown company (tgc), a privately-held diversified real estate company based in manhattan.
barry diller, chairman and ceo of iac/interactivecorp, said, “as our need for space grew, we began to think it might be advantageous to create our own working environment. while much about the future is always unknown, we're confident that interactivecorp is at its early growth in a business sector that is at its beginning…and we're at a stage where it's sensible to put down roots in a buoyant and exuberantly imaginative way. with more than 25,000 employees and 116 locations in 31 states and 20 countries, and operations spread out across manhattan, we wanted one place where all our activities could find common ground, tailored to the particular needs of a company engaged in the cutting edges of internet ecommerce life. three things came together that made the decision for us. the first was being able to work with frank gehry, the second was finding a unique location, and the third was finding a trusted building partner in the georgetown company.
"after months of planning, we have a design for a new building we believe will not only be great to work in, but will delight all who come within sight of it, in an area of the city that is just beginning its reformation. as part of the building's core concept there will be a ground floor public space and a restaurant that will reflect and utilize all of the iac brands and be as interactive as we and frank gehry can conjure."
"we are very committed to growing our corporate headquarters concurrently with the growth of our many businesses, and we are pleased that new york city both affords us the opportunity to build a unique and landscape-defining edifice, and benefits from the investment iac is making in developing a corporate presence in chelsea."
eminent architect frank gehry said, "we're really excited to be working in new york city with barry diller and the georgetown company to create the new global headquarters of interactivecorp. the chance to create a culturally relevant corporate presence in chelsea is a great opportunity for all of us and we intend to do something really special."
the building will have a concrete structure with a sculpted glass façade. the
glass will be insulated and will have special coatings and patterned ceramic frits to
improve energy efficiency.
location: new york, usa
architect: frank o. gehry |