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Old October 9th, 2005, 12:55 PM   #1
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PricewaterhouseCoopers and London Bridge Tower

Sorry to dissapoint and create a new thread. No news here. However, something actually struck me when I was reading the new summary.

Quote:
Current Status:
Following objections from English Heritage, and a lengthy public inquiry, London Bridge Tower was given final approval by
Deputy PM John Prescott on 19th November, 2003. Sellar have given PricewaterhouseCoopers (tenants of the current site)
12 months notice to vacate their building and say they are still fully commited to the project. The tower also secured its first
tenant, Shangri-La Hotels, who will be occupying floors 34-52. Demolition of the current site will start in summer 2006 and
will take exactly 12 months.
Surely the developers should be think now of the demolition plan. Surely PWC should've moved out by now. If it's in Summer 2006 don't you think things are left too late?
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Old October 9th, 2005, 12:57 PM   #2
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It only takes a few weekends to move out surely. Each floor going a weekend each. These things are well planned generally.
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Old October 9th, 2005, 12:59 PM   #3
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Have PWC found a place yet. if not, they may be relucatant to move out delaying the project further.
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Old October 9th, 2005, 01:03 PM   #4
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why didnt you post this in the summary thread...
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Old October 9th, 2005, 01:08 PM   #5
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Because Mikey, if things go smoothly, then we can talk all about LBT in here, in a fresh new thread up to summer 2006 and see if the balls really do get rolling.
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Old October 9th, 2005, 01:24 PM   #6
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We've known thay PwC were moving out next spring for nearly a year now.

Makes sense that demolishion would start after they moved out, no? :\
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Old October 9th, 2005, 01:57 PM   #7
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nah just knock it down while there in there, they've had god knows how long
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Old October 9th, 2005, 02:11 PM   #8
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This does raise the queston of where PwC is going to go.

They said they were interested in Riverside South at one point but that isn't going to be an option for now.

Are all the More London buildings taken yet?
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Old October 9th, 2005, 04:06 PM   #9
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Sod Riverside South. I'd pick the new 1000 foot Bishopsgate Tower for my new World Hq. Its only got 800,000 square feet of space so PWC could certainly fill that one up.

How many sq ft is Riverside South?

Sounds as though Southwark Towers are going down next Summer then.
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Old October 10th, 2005, 09:18 AM   #10
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PwC do not need new HQ. They indicated they have enough spare capacity across various buildings in London to accomodate all their staff.
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Old October 11th, 2005, 05:13 AM   #11
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Quote:
Originally Posted by jef
PwC do not need new HQ. They indicated they have enough spare capacity across various buildings in London to accomodate all their staff.
PwC's existing UK HQ is at Embankment Place which houses some 5,000 employees. Southwark Towers was the HQ for the former Price Waterhouse firm before the merger with Coopers & Lybrand. They'll probably find capacity in the interim to squeeze folk into EP as well as other offices in London and the south east.
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Old October 13th, 2005, 12:10 AM   #12
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i would say pwc do need a new hq, not least because they are apparently the worlds largest financial services company (not bank before you get pedantic) and you wouldnt know that from visiting london. they have huge hqs everywhere else in the world except in their home city which makes no sense really. i expect in the longer term theyll address this... but they are hardly in a rush if they can already accomodate all their employees in existing buildings.
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Old October 13th, 2005, 02:04 AM   #13
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I'm sure there's some free space in the Gherkin they can lease for a bit
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Old November 17th, 2005, 01:04 PM   #14
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Some bad news in last night's Evening Standard apparently, but I didn't get to read it and can't find it on thisislondon.co.uk either.

Any ideas anyone?
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Old November 17th, 2005, 02:25 PM   #15
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HI all Im new to this forum......anyway I did read the article in last nights eve standard.
article starts with....
' Towering egos, a shard of glass and the market boy who wants immortality, as tycoon Irvine Sellar battles to resolve a bitter rift with his business partner, will their 1,000ft monument to vanity ever be built?'

the article goes on to say that Sellar's business partner Simon Halabi becamed concerned that his one-third stake in the project was being watered down.
Halabi has issued proceedings against Sellar.The article goes on to say all this has put off the Shangri-La group, however Sellar maintains that the shards future will not be jeopardised.
The standard doesnt seem to be too bothered over the affect this may have on the shards future. Pictured in the article is Sellar and a dusk rendering of the Shard.
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Old November 17th, 2005, 02:56 PM   #16
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Have Shangri-La pulled out then?
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Old November 17th, 2005, 03:05 PM   #17
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Lol...slowly but surely, this tower is dying a very undignified death....so typically London.

Cant wait to hear the laughs and derision on the world section when the announcemnet comes....
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Old November 17th, 2005, 03:18 PM   #18
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And everyone wonders why I'm so negative all the time.
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Old November 17th, 2005, 03:27 PM   #19
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why are we believing the Evening Standard all of a sudden?!
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Old November 17th, 2005, 03:39 PM   #20
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yeah thos guys in the standard are total lazy reporting dickwads, if i had any money id bet it on the fact that the whole shrangri la thing is total bull, they just made up to have a dig at sellar.
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