World Trade Center Memorial

From Freepedia

In spring 2003, the Lower Manhattan Development Corporation (LMDC) launched an international competition to design a memorial at the World Trade Center site to commemorate the lives lost in the September 11, 2001 attacks that destroyed the World Trade Center towers.

5,201 teams from the United States and from around the world contributed design proposals. The 5,201 World Trade Center Memorial proposals were authored by people from all walks of life, and reflected a wide range of approaches to the memorial.

On November 19, 2003, the thirteen-member jury selected eight finalists. Michael Arad and Peter Walker's Reflecting Absence was chosen as the winning design on January 6, 2004. On January 14, 2004, the final design for the World Trade Center site memorial was revealed in a press conference at Federal Hall in New York.

The World Trade Center Memorial Foundation, which is responsible for fundraising and managing operations at the memorial, had it's inaugural board meeting on January 4, 2005. They are planning to raise $500 million (US) to build not only the memorial, but also the memorial museum.