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The performing-arts center planned for the World Trade Center complex is shifting shape yet again, as its leaders work to deliver a slimmed-down project that can be built for roughly half the cost.
The newest iteration is expected to be presented later this fall, at the next board meeting of the Lower Manhattan Development Corp., the entity created after the Sept. 11, 2001, attacks to oversee planning and rebuilding efforts there.
The performing-arts center is intended as a cultural nexus for lower Manhattan, attracting tourists and theatergoers alike. Frank Gehry was selected in 2004 as the architect for the building, slated for the corner of Fulton and Greenwich streets. Community leaders and elected officials have called the center a vital component of the 16-acre World Trade Center site.
But the arts center has undergone a number of changes and delays over the past dozen or so years. The center’s leaders discarded Mr. Gehry’s design in 2014. And earlier this year, LMDC’s board decided the project’s total cost should be no more than about $200 million for above-grade construction, compared with previous estimates of $350 million to $400 million. […]