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Old April 27th, 2006, 01:38 PM   #201
TallBox
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I think Bishopsgate tower is the best looking tower in the world in it's height league! 250-299m
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Old April 27th, 2006, 03:39 PM   #202
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Quote:
Originally Posted by wjfox2002
288m is still "supertall" by London's standards though
I agree, by European standards as well if you ask me. Glad to hear that it will become 288 meters tall. That's gonna look damn fine!
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Old April 27th, 2006, 03:42 PM   #203
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Yeah, anything over about 250m in Europe is VERY tall.
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Old April 28th, 2006, 01:28 PM   #204
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from property-week.co.uk

DIFA seeks £400m Bishopsgate sponsors

Fund manager searches for partners to share development costs and risk

28.04.2006

By Daniel Thomas

DIFA is searching for a £400m joint venture funding partner for the tallest building in the City of London.

The German property fund manager is seeking up to £400m of additional funding for the tower, for which the Corporation of London this week granted a resolution for planning consent.

It has instructed Savills to search for partners and is expected to focus on larger UK institutional funds as well as private investors.

DIFA joins the developers of several large City schemes in seeking funding.

Land Securities is also talking to partners to share the development cost and risk for One New Change.

It is in talks with a shortlist of potential funders to take up to half of its 560,000 sq ft (52,025 sq m) building, which contains 220,000 sq ft (20,438 sq m) of retail.

DIFA's plans are similar to that for Gerald Ronson's Heron Tower, where a series of parties have been lined up to help fund the development.

DIFA's Bishopsgate tower is bigger, however, with 950,000 sq ft (88,257 sq m) of offices on 60 storeys at around 945 ft (288 metres).

Dr Frank Billand, DIFA board member, told Property Week: ‘The scheme is too big for one investor alone. We have been approached by institutions in the past, but we weren't ready.'

Billand said DIFA wanted to find partners by the end of the year.

‘We can fund the preparation work but want someone to share the construction costs,' he said.

Construction costs for a tower are around £250/sq ft (£2,691/sq m) and the potential site cost is around £260m, so DIFA is expected to need as much as £400m to cover the build costs and the site.

English Heritage said it was unlikely to oppose the scheme.

‘English Heritage welcomes the changes to the height and design of this tower in order to address concerns about its wider impact,' said a spokesman. ‘We are no longer minded to advise the first secretary of state to call the case in for his determination.'

Savills is advising DIFA; DP9 is the planning consultant.
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Old April 28th, 2006, 05:33 PM   #205
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That is actually good news, it says they have been approached before, and that EH won't oppose! They want an investor by the end of the year, and they are "expected to focus on larger UK institutional funds"
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Old May 10th, 2006, 09:44 PM   #206
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A little update - DIFA has today appointed Stanhope Plc for the development of the Bishopsgate Tower.

These are some of the buildings and projects which Stanhope have been involved with:-
  • The Broadgate Estate - 3.5m square feet of offices, employing over 20,000 people; the largest office development in London until Canary Wharf came along
  • Stratford City - the largest urban regeneration project ever seen in London
  • Paternoster Square - 700,000 sq ft office and retail development adjacent to St Pauls Cathedral, including the new Stock Exchange
  • 51 Lime Street - 125m tower currently under construction
  • 31 Gresham Street - big groundscraper in the City which is now fully let
  • Chiswick Park - large business park in West London employing over 7,000 people
  • The Treasury - redevelopment and modernisation of Grade II listed government building
  • Tate Modern - the most popular new museum in London
  • Unilever House - renovation of this grade II listed building; one of the most attractive on London's riverfront.
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Old May 18th, 2006, 11:47 PM   #207
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Posted by Jimbo in the UK forum......


Quote:
Originally Posted by jimbo
woah, something that appears to be a scoop...... construction news send me daily e mail bulletins with snippets of the big news stories. Today's 2 liner reports that 3 major contractors are locked in a bidding contest for the Helter Skelter. Don't subscribe, so that's all I've got, but will be in either this week or next weeks CN. WH Smiths stock it, so will try and get a nosy in the Liverpool Street branch tmrw. I reckon it'll be the usual suspects - Bovis Lend Lease, Skanska and Carillion. Could be wrong though - if anyone else has access to CN, go and put us out of our misery.

Anyway, similar to the report a couple of months back that Bovis Lend Lease had snaffled the 122 Leadenhall construction contract, it seems that DIFA are already on the way to comparing major contractors and launching the formal tender process.

More good news and links in with the appointment of Dickie Rodger's bro as the project manager.

As I've said before, the public exhibition bloke (known to many of us) in Crosby Court last June said they (DIFA) get vacant possession of the site by the end of 2006. I see nothing to dispute this, and if they are progressing with this level of project planning, whose not to say that this might be one of the first 'biggies' in the city cluster ahead of Heron and 122 Leadenhall? Could be on similar timescale to 20 Fenchurch Street?
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Old May 19th, 2006, 08:42 AM   #208
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Hehe at the rate at which this tower seems to be progressing it might indeed be able to become the tallest building in Western Europe, albeit briefly.
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Old May 19th, 2006, 09:21 AM   #209
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The Shard is taller though, that surely would start construction before though? Personally id love this tower to have a prestigious title such as that, to have that in London, then to have it taken by another London tower would be phenominal!
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Old May 19th, 2006, 11:35 AM   #210
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I wasnt really been serious, at the rate anything above 50m in London gets built we'd be lucky to see this tower rising before the Olympics.
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Old May 19th, 2006, 01:58 PM   #211
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It can be infuriating when there is snag after snag on London projects. I am confident they will be done but they do take their sweet time.
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Old May 20th, 2006, 04:44 PM   #212
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Beautiful design!
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Old May 20th, 2006, 06:49 PM   #213
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This is what we know so far.

- DIFA are awarding construction contracts in the next couple of months.
- They will have vacant possession of the site by the end of the year.
- The will begin work on site by the end of the year.
- It has been strongly hinted that the tower will be built speculatively, i.e. without the need for tenants lined up.
- The current site is lowrise, so demolition won't take long.



This is the building that's due to be demolished, by the way - it's the pinky-coloured lowrise with the footbridge:


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Old May 27th, 2006, 10:12 PM   #214
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The Google Earth model can be downloaded from here:

http://sketchup.google.com/3dwarehou...b7128d0de93240

It's rather impressive. Thanks to Jef for this.
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Old May 27th, 2006, 10:27 PM   #215
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A very nice tower indeed
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Old June 1st, 2006, 06:09 PM   #216
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Posted bu Tubeman:

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Old June 1st, 2006, 06:27 PM   #217
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Wow
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Old June 1st, 2006, 06:58 PM   #218
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That picture looks so real, I already think that is London.
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Old June 1st, 2006, 07:33 PM   #219
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Look...

Quote:
Originally Posted by maggie





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Old June 1st, 2006, 07:40 PM   #220
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Stunning...but enough with the renders...just get the damn thing built...
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