Foster + Partners has won a competition to design a 200-metre skyscraper for Lehman Brothers Holdings and partner L&L Holding Company in New York.

Located in the heart of New York’s famed Plaza District, 425 Park Avenue will be the first full-block office development on this historic stretch in nearly half a century.

The tower will be situated along Park Avenue’s double-wide boulevard with its attractive green medians, modern art exhibits and broad sidewalks.

The internal arrangement allows for three gradated tiers of column-free floors. Each of the three tiers – low, medium and high-rise – is defined by a landscaped terrace offering panoramic views across Manhattan and Central Park.

At the street level, the conceptual design for 425 Park Avenue offers the potential for a large civic plaza marked by significant works of art.

L&L Holding anticipates the start of construction in 2015 with the new 425 Park Avenue tower to be completed by the end of 2017.