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Today in Wall Street History: A Look Back at The World Trade Center's North Tower

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On Dec. 23, 1970, The North Tower of the World Trade Center became the tallest building in the world.  The idea of establishing a World Trade Center in New York City was first proposed in 1943 by David Rockefeller.  

The project was greenlit when New Jersey agreed to support the World Trade Center project with the Port Authority.  The western portion of the World Trade Center site was once called Radio Row.

Minoru Yamasaki was selected as lead architect in 1962.  He combined the architectural ethic of Le Corbusier with gothic modern style.  The buildings’ height required a new elevator system with two "sky lobbies”.

Groundbreaking for construction took place on August 5, 1966.  Excavation for the buildings expanded the shoreline, creating Battery Park City.  When the Twin Towers were completed, the total cost to the Port Authority had reached $900 million.  

Watch the video above to learn more.

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