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Physical Plan

Physical Plan

With an expected opening in 2028, The Exchange’s home on Governors Island will serve as an open, living laboratory where experts convene to test climate solutions, researchers work on cutting edge challenges, classes are held for a wide range of students, and international, regional and community groups come together to share their knowledge.

Construction will preserve much of the existing natural, cultural, and educational resources that make Governors Island unique. Phase 1, scheduled to open in 2028, will include academic, research and convening spaces that showcase sustainable building practices in a mix of newly constructed buildings and restored historic buildings. It will also add over four acres of new open space, fully accessible to the public, increasing the Island’s existing 120 acres of open space across the Historic District and South Island Park.

The facility will serve as a model for sustainability, deploying energy-positive design strategies, including mass timber construction, on-site solar power generation, and integration of existing buildings to achieve a net zero energy campus. Together, these efforts will help The Exchange reach a milestone in sustainable design: each of its buildings, old and new, is designed to meet the Living Building Challenge standards, a goal that no building in New York City has yet achieved.