[Updated at 2:10 p.m. ET] More than a decade after a terrorist attack brought down New York's twin towers, their under-construction replacement became the city's tallest building on Monday.
The placement of a column of the 100th floor brought the colossal new steel structure ofÂ One World Trade Center tower to a height of 1,271 feet -Â surpassing the frame of the Empire State Building, which is currently New York's tallest skyscraper, byÂ 21 feet.
Built on what was referred to as ground zero in Lower Manhattan, the building isÂ expected to reach 1,776 feet when it is finished by early 2014. The Willis Tower in Chicago, formerly known as the Sears Tower, is the country's current record holder at 1,450 feet.
The One World Trade Center building willÂ have three top-floor observation decks. ItsÂ first 90 floors will be designated for office space, andÂ the following 10 floors will be reserved for air conditioning, heating, and electrical equipment.
Despite years of political infighting and real estate squabbling that delayed its construction, more than half of the building has now been rented, with a tenant list that includes Conde Nast publishing company and a Chinese real estate investment firm called Vantone Holdings.
In its shadow, twin reflecting pools are situated in the footprints of where the twin towers once stood.
The names of the nearly 3,000 people killed in the 2001 attacks, as well as six people who died in the World Trade Center bombing in 1993, are emblazoned across bronze panels ringing the pools.
The steel beams were placed atop the structure on Monday, one day before the one-year anniversary of Osama bin Laden's death. The project isÂ bringing a major milestone to the city and country, saidÂ Mike Mennella, the construction executive who was in charge of building the first towers and is helping to build the new structure.
"Today is a day where we can really look back and say the milestones weâ€™ve surpassed and overcome are certainly more significant than the ones ahead of us," he said. "The building is in position now where we can see it coming from the top, and see it being finished off in a very, very significant way."
As the man who built the first towers, only to watch them fall during the terrorist attacks, Mennella knows just how important it is to be able to rebuild and start a new chapter in lower Manhattan.
"It's also big in the region," he said. "Seeing this building from all over the region -Â Long Island, New Jersey, New York -Â it's just a statement for the region that weâ€™ve reached a real milestone."
Mennella said he came to the site on September 12, 2001, amid the devastation and always hoped he'd be able to be part of an effort to rebuild. He felt it wasn't just about rebuilding an icon of New York's skyline, but about helping heal and move forward.
"I think as people look at theÂ buildingÂ from afar and then realize the site that it sits on, the memorial it adjoins and what the site is about, what was lost here, and what is now being put back together - it's an exciting moment," he said.