Shipbuilder Donald T. Bollinger bought the 4,000-square-foot penthouse on the 30th floor of the revamped tower in Downtown, according to the Wall Street Journal.
Built in 1967, the 33-story building was designed by renowned architect
Edward Durrell Stone, and opened as the city’s World Trade Center.
Located on the Mississippi River, it sustained heavy damage during
Hurricane Katrina in 2005 and sat largely vacant for several years.
The building was nearly demolished in 2010, but the city eventually
chose the Four Seasons consortium to redevelop it in 2015. Work began
two years later, and is set to be completed soon at a cost of $530
million, a spokesperson told the Journal. There will be 92 condos and
341 hotel rooms.
Bollinger, who was formerly CEO of Bollinger Shipyards, a company his
father founded in 1946, got this new penthouse, that once served as the
Plimsoll Club, a restaurant, lounge and event space that mostly hosted
foreign dignitaries and business executives.
