January 20, 2004, 8:43 PM EST
NEW YORK -- Current plans to rebuild the World Trade Center site will result in less open space and more traffic at ground zero than before Sept. 11, 2001, an environmental impact report says.
The Lower Manhattan Development Corp. released an executive summary of the report Tuesday, which includes assessments of how the development of 10 million square feet of office space, a hotel, retail space and a memorial at the site will impact the neighborhood.
Copies of the full report will be made available on the LMDC's Web site later this week. The agency will hold a public hearing about the rebuilding process on Feb. 18.
The LMDC concluded that the development of the 1,776-foot Freedom Tower, a 4.2-acre memorial and other buildings "would not result in any significant adverse impacts to land use, land use trends or public policy."