The attacks of 9/11 destroyed 1,2 Mio. square meters office space in Lower Manhattan. Big business companies of the FIRE-industry relocated in Midtown Manhattan because of the excellent infrastructure and accessability which minimized the disruption of business. The new World Trade Center is seen as a catalyst for further development. The Fulton Street Transit Center will be a central element of the revitalization. Lower Manhattan can develop to a 24-hour community and a downtown of the 21st Century. This process is subsidized by federal money to soften the economic effects of the attacks on the City's economy.