One Landmark Square Explained

One Landmark Square
Location:1 Landmark Square
Stamford, Connecticut
Coordinates:41.0547°N -73.538°W
Start Date:1970
Completion Date:1973
Architect:Victor H. Bisharat
Owner:SL Green Realty
Cost:US$35,000,000 [1]
Floor Area:300000ft2
Floor Count:22
Architectural Style:Neo-Futurism
Roof:295feet
Elevator Count:7
Developer:F. D. Rich Company
References:https://web.archive.org/web/20160507042128/http://www.emporis.com/buildings/129193/one-landmark-square-stamford-ct-usa

One Landmark Square, also known as Landmark Tower, or simply Landmark, is a 22-story, 295 ft (90 m) skyscraper located at One Landmark Square in Stamford, Connecticut. It is currently the third tallest building in Stamford, after Park Tower Stamford and Atlantic Station, and from 1970 to 1990 was the tallest building on the coast between New York City and Boston.[2] [3] It is currently the tallest office tower in Stamford. One Landmark Square was designed by Palestinian architect Victor Hanna Bisharat, who designed many other buildings in Downtown Stamford during the city's urban renewal efforts in the 1970s and 1980s.[4]

Bisharat designed the building after his own aesthetic preferences. [5] [6] It has been described as an imposing tower with a swooping form[7] and scalloped-shaped entrances,[8] and has been compared to the TWA Flight Center, designed by Eero Saarinen, and the Cathedral of Brasília, designed by Oscar Niemeyer.[9]

History

In 1960, F. D. Rich Company successfully gained control of the Stamford downtown urban renewal project, which was estimated to cost over $250 million. The original project plan included 14 office buildings known as Stamford Forum, three moderate-income housing developments, and a luxury hotel.[10] Landmark Tower was planned as the centerpiece of the entire 118-acre renewal area, as designed by Bisharat. Bisharat said Robert Rich, then co-owner of F. D. Rich, accepted his design for Landmark Tower when he watched Bisharat.[11]

Lawsuits against the city and the Urban Redevelopment Commission regarding inadequate relocation housing following the use of eminent domain caused 8 years of delays to Rich's construction downtown, including Landmark Tower. This delay allowed the Rich to construct Bisharat's other buildings at High Ridge Park off the Merritt Parkway in North Stamford.[12] Construction of Landmark finally began in 1970, almost 10 years after receiving initial approval for the project, and was completed three years later in 1973.

In the 1970s, Landmark featured a large ice-skating rink at the corner of Atlantic and Broad Streets, a penthouse restaurant called the "Landmark Club", and art from the Whitney Museum's Stamford Branch.[13] Five other buildings were built around Landmark Tower, in the mid-1970s to the early 1980s, to form Landmark Square. Landmark buildings 2 thru 6 were designed by architect Moshe Safdie and were constructed by F. D. Rich Company.

By the late-80s, the Rich Company was feeling the impacts of the late 1980s recession as major companies merged, moved, and laid off workers. Numerous other buildings were built in the declining market in order to maintain their contract with the Stamford Urban Redevelopment Commission and make construction deadlines. The losses due to overbuilding were insurmountable for F. D. Rich Company and several of the Rich Company's properties, including Landmark Tower and many other office buildings, were surrendered to a variety of lenders in “deed in lieu of foreclosure” transactions.[14] The entire Landmark Square complex was deeded to the Metropolitan Life Insurance Company in 1991.[15]

Recent years

Since 1992, Stamford Downtown has presented Heights & Lights which features Santa Claus rappelling down the side of the 22-story Landmark Tower, a holiday tree lighting, live music, and a fireworks show. Rappelling Santas have included the general manager of the New York Yankees, Brian Cashman, and professional baseball player and manager Bobby Valentine.[16] [17]

In 1996, Reckson Associates Realty purchased the entire six-building Landmark Square complex, including Landmark Tower, from Metropolitan Life Insurance for US$77 million. Over the next few years, Reckson invested another US$50 million to restore the complex and bring it "into the 21st century". Improvements included replacing hundreds of windows with energy efficient glass, renovating the lobbies, restrooms and elevators, adding new landscaping to the complex's two plazas, constructing an onsite cafe with indoor seating, and adding a New York Sports Club on-site.[18] Reckson was later acquired by SL Green Realty in 2006 for US$4 billion.[19]

In 2005, the area that was once the ice rink was cleared to improve pedestrian access to Landmark Square and add ground floor retail. This new retail building was completed in 2006 and includes a large restaurant space and multiple retail outlets.[20] Tenants in the new retail building include HSBC Bank and Blackstones Steakhouse.[21]

Since 2017, the City of Stamford has featured Landmark Tower in their official logo along with One Stamford Forum, another urban renewal building.[22]

Major tenants

Current

Former

Notes and References

  1. News: A Landmark Becomes Less of a Fortress . Charles . Eleanor . 28 September 2018 . The New York Times . May 1, 2005 . 11.
  2. Web site: Urban Renewal F. D. Rich Company. fdrich.com. en-US. 2018-09-30.
  3. News: Tall Tower Is Planned in Stamford. Feb 23, 1969. The New York Times. R1.
  4. Web site: Past Projects F. D. Rich Company. fdrich.com. en-US. 2018-09-28.
  5. News: Architect Reshapes Stamford. Associated Press. Aug 31, 1975. The Hartford Courant. 9D.
  6. News: New developments dent legacy of 'father' of Stamford's skyline. 2018-06-16. StamfordAdvocate. 2018-09-29.
  7. News: STAMFORD'S RENEWAL: SUN BELT IN CONNECTICUT. Times. Paul Goldberger and Special To the New York. 2018-09-29. en.
  8. News: Stamford Renewal Chugging Along. Horsley. Carter B.. Apr 9, 1972. The New York Times.
  9. News: On Corporate Image Building. Goldberger. Paul. 2018-09-29. en.
  10. News: Stamford A Small Hub Of Wealth And Power. Knight. Michael. Jun 13, 1976. The New York Times. 224.
  11. News: Story Behind Stamford's Redevelopment Is a Rich One. Tracy. Nancy M.. Jun 27, 1982. The Hartford Courant. B1.
  12. News: Commercial Property /Stamford, Conn.; A Pioneer Business Park That Confounded Critics. Charles. Eleanor. 2018-09-30. en.
  13. News: Devil's bargain: Luring big business to Stamford, Connecticut, nearly destroyed it.. Rice. Andrew. June 2002. Architecture. VNU Business Media, Inc. 6. 91. 45–52. 0746-0554.
  14. News: Stamford Reinvents Its Downtown Once Again. Dunlap. David W.. 2018-09-30. en.
  15. Rosenkrantz. Holly. Jun 3, 1996. Metropolitan Life seeks buyer for Landmark Square complex. Fairfield County Business Journal. 35. 23. 3.
  16. News: Yankees GM Brian Cashman rappels down the One Landmark Square building in Stamford, CT. yesnetwork.com. 2018-09-29. en.
  17. Web site: Heights & Lights Stamford Downtown - This is the place!. stamford-downtown.com. en-US. 2018-09-29.
  18. News: In the Region/Connecticut; A New Type of Landlord Buys Stamford Properties. Charles. Eleanor. 2018-09-29. en.
  19. News: SL Green Acquires Reckson Associates for $4 Billion. Deutsch. Claudia H.. 2018-09-29. en.
  20. News: A Landmark Becomes Less of a Fortress. Charles. Eleanor. 2018-09-29. en.
  21. News: Stamford steakhouse flipped to Greenwich restaurateur. 2018-07-02. StamfordAdvocate. 2018-09-29.
  22. Web site: City of Stamford Economic Development . www.choosestamford.com. en. 2018-09-29.
  23. News: In the Region/Connecticut; New Offices, a 12 Mile Move, a $40 Million Tax Break. Charles. Eleanor. 2003-11-30. The New York Times. 2019-08-06. en-US. 0362-4331.