A principal of Thompson Hotels, Michael Pomeranc, who is developing the Smyth Tribeca on Chambers Street and the Gild Hall at 15 Gold St., said Lower Manhattan "was the sleeping giant. Great infrastructure, huge buildings, retail, density, and vibrancy. Post-9/11, and the progressive downturn that started before, the area was the largest shell for redevelopment in the world. Empty buildings allowed for a rethinking and replanning of this 'meta-city.'

"First came the dreamers, then the developers and the residential converters, and then the tenants and buyers, and then the retail, and now the hotels.

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