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Old December 9th, 2010, 04:37 PM   #2041
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Amanda Levetes Twisting Shoreditch Tower

Adding to the controversial revedevelopment in Hoxton in east London is another tall building that is bound to be enormously controversial amongst the "creatives" of the area who rail against gentrification of their neighbourhood.



Developed by London and Newcastle, the scheme features a redevelopment of the Huntingdon Estate designed by Amanda Levete Architects that is still in its nascent stages on the opposite side of the road from Shoreditch High Street underground station, and only a stones throw from the proposed Art'o'tel.

The slender tower with a torquing appearance sweeps up from a podium and turns away from the neighbour Ebor Street to maximise the natural daylight that can penetrate through the site. This also has the practical purpose of helping to remove the number of north-facing apartments in the scheme.

In total it will have 107 private apartments laid out on 19 floors of residential space, with a ground floor and first floor containing commercial and retail space that are designed to appeal to the artists with a designers market, gallery space and two creative workshops. To accommodate the affordable housing part of the scheme another development on Fleet Street Hill to contain the 40 affordable units of the scheme.

Regardless of the finished project of the scheme, whether London and Newcastle are successful in their plans remains to be seen - they are likely to face the same sort of fight as other projects in the area with many high profile opponents.
http://www.skyscrapernews.com/news.php?ref=2723
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Old December 9th, 2010, 06:28 PM   #2042
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BBC news video on The Shard.

http://news.bbc.co.uk/today/hi/today...00/9269162.stm
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Old December 10th, 2010, 12:27 AM   #2043
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Old December 10th, 2010, 04:34 PM   #2044
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MAKE unveils 5 Broadgate scheme

MAKE Architects has revealed images of its proposed £460 million aluminium-clad headquarters for Swiss bank UBS in the City of London.

Submitted for planning today (10 December) the 65,000m² structure will feature the largest floor plates in The City, housing up to 750 staff on each floor and 6,000 workers in total.

MAKE Architects founder Ken Shuttleworth said: ‘The concept has been very much trying to make it into a single thing, like a machined casting, reflecting UBS solidity.’















Designed for current site owners British Land and Blackstone, the architects chose a groundscraper design over a tower due to the height restrictions on the site.

The 14-storey building’s ‘football pitch-sized’ floor plates are divided into four trading floors, a support level, two client-facing levels and four floors of offices. Cores are placed on the perimeter to maximise spaces.

Featuring just 45 per cent glass cladding, Shuttleworth describes the building as the ‘next generation’ of office buildings. He said: ‘You’re looking at the future of what the next ten years of office development will look like.’

Support columns are arranged in a 12 metre by 13.5 metre grid while ceiling heights are 3.5 metres throughout.

MAKE plans to win planning by June next year and complete the shell and core of the building in mid 2014, finishing the fit out later in 2015.

Construction of the scheme would include demolition of numbers three, four and six Broadgate. The buildings were designed by Arup Associates in the 1980s. Robert Samuel, director at British Land, explained: ‘Everything we have done here is to give it a longer life than the buildings that were already here.’

http://www.architectsjournal.co.uk/n...609066.article
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Old December 11th, 2010, 02:40 AM   #2045
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Anyone knows more about this project? The turkish developer claims that the preperations will start in the beginning of 2011.

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Old December 11th, 2010, 08:57 PM   #2046
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Ken Shuttleworth’s Silver Billet is the City’s golden opportunity

-- Link to London Evening Standard article --



Skyscrapers attract indelible nicknames; groundscrapers don't. Even so, it's hard to resist dubbing the new UBS headquarters in Broadgate the Silver Billet, even though the name won't stick.

The 60-metre-wide, 120-metre-long, 75-metre-high block, which is submitted for planning permission today, looks as if it has been machine-tooled from a block of aluminium. Perhaps the “work-engine block” term used by architect Ken Shuttleworth of Make at a preview of the plans on Wednesday will stick.

Shuttleworth brought along to One Broadgate a small chunk of aluminium in the shape of the 13-storey offices to emphasise the point. “We believe this is the way architecture will go over the next decade.” That won't come as good news to Prince Charles, who was visiting Icap at One Broadgate that very morning But Shuttleworth's point was that increasingly tough energy regulations are shaping design. The 700,000-square-foot office for 6000 UBS staff will consume less than half the energy of its Eighties neighbours.

To meet that target, 65% of the cladding is insulated aluminium panels and only 35% is glass. The reverse was the case on Nos 3, 4 and 6 Broadgate, which are being levelled to make way for what will be called 5 Broadgate when it opens in the second half of 2014.

The all-up cost is £450 million, says Tim Roberts of developer British Land. “The Make design will keep the evolution of Broadgate going,” says BL's offices chief, who has been talking to UBS about the scheme for three years. The Swiss Bank already rents 900,000 square feet in Broadgate. The new billet contains four 60,000-square-foot trading floors each capable of holding 750 staff and takes their holding to 1.6 million square feet.

Roberts wasn't too keen to go into the detail of how much British Land and 50:50 partner Blackstone will make by replacing 400,000 square feet of space over eight storeys, rented at £42 a square foot, with 700,000 square foot over 13 storeys, rented at £54.50 a square foot to UBS. “We will be making a proper commercial profit,” is all he would say.

Well, indeed. Given the landlords will be receiving £38 million a year in rent after the 18-month rent-free period expires; and given that the admitted base cost of the Silver Billet is £450 million, the landlords will do very well. For the value of any commercially rented building is calculated on the rent times a certain number of years.

If the tenant is a bit iffy and the lease short, then valuers will multiply the rent by about 10 to get to the figure for the landlord's balance sheet. If the tenant is, let's say, silver-plated, and has a long lease the value can be 20 times the annual rent. Multiply £38 million by 20 and you get £760 million. Perhaps Shuttleworth should consider changing the colour of the new building to gold?
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Old December 12th, 2010, 03:51 PM   #2047
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Christmas Shard!









http://www.flickr.com/photos/eddiean...99601/sizes/l/
http://www.flickr.com/photos/eddiean...02147/sizes/l/
http://www.flickr.com/photos/eddiean...99405/sizes/l/
http://www.flickr.com/photos/eddiean...02302/sizes/l/
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Old December 13th, 2010, 06:37 PM   #2048
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Twitter to base its new European headquarters in London

Twitter is preparing to open a European HQ in London, its first office outside the United States. The Sunday Telegraph has learnt that executives from the popular social conversation website – which has proved a hit with President Barack Obama and Stephen Fry among others – met property agents in London last week.


Twitter plans European headquarters in London

The Twitter representatives are known to have visited locations in the West End and properties adjacent to London’s so-called "silicon roundabout".

It is understood Twitter is under considerable pressure to select an office near "silicon roundabout" – more commonly known as Old Street roundabout – around which the Government has pledged £400m of funding to create a new “Tech City” and encourage US-style innovation.

Twitter’s London office, which will open next year, will be used to head up all the company’s European operations. It will primarily be used as a sales office as Twitter strives to turn its popularity into cash via advertising and sponsored tweets. At present adverts are only sold on a global basis, but it is understood that there are plans to sell space on a country-by-country basis.

The office, Twitter’s first outside of the US, will be headed up by Katie Jacobs Stanton, the company’s new head of international strategy and special advisor to the US State Department’s office of innovation. A spokesman for Twitter said: “There were a few of us in London this week. We are considering London and other European locations to create an initial and small presence in 2011.”
http://www.telegraph.co.uk/finance/n...in-London.html
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Old December 15th, 2010, 06:31 PM   #2049
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Central London office market ends the year with confidence

A significant degree of confidence has returned to the Central London leasing market, with take-up in the first 11 months of the year totalling 12.74m sq ft, according to research from DTZ. This was boosted by the 700,000 sq ft pre-let of offices in the City to UBS at 5 Broadgate. The total for the year is set to reach over 14m sq ft when including the acquisition of 500,000 sq ft at Walbrook Square by Bloomberg.

Heading into 2011, DTZ expects take-up to be circa 1m sq ft per month, supplemented by the impact of the re-emergence of the pre-letting market in the City. This view is supported by the level of floor space currently under offer and by the volume of known active requirements in the market.

DTZ’s figures show that availability has fallen nearly 25% since its peak in mid-2009 and will end the year at around 6.5% of stock (15.5m sq ft). Of this decline, nearly 85% has been in newly built or refurbished space. This has reflected the appetite of occupiers to upgrade the quality of their premises while rents were still low and incentives high.

Compared to earlier this decade, second-hand space releases have been limited this year, in part because of the lack of pre-letting which caused more office space in Central London to be marketed. However, unlike previous cycles, second-hand availability is not declining in a significant way.

Speculative development deliveries are on a steep downward path and this has underpinned the present surge in prime rental growth. Rents, which started the year at £43.50 per sq ft in the City and £41 per sq ft in Mid-Town (Holborn), will end the year at £55 per sq ft and £52.50 per sq ft respectively. Inducements have also reduced, from 30 months to 21 months in the City and 18 months for offices in Midtown.

In the West End, recovery has been less vigorous than in the City and Midtown. In 2010, take-up has recovered from 2009 record low level but, in contrast to the City, is still below the long-term average. Grade A availability is now a mere 1.3% of stock and delivery of newly developed stock in 2011 will be little over 200,000 sq ft, a fraction of the usual level. Rents will also be under pressure to move up.

DTZ predicts that post-2012 occupiers looking for large grade A office space in the Docklands and the City in particular, will actively look to negotiate pre-letting agreements in 2011. More occupiers will also be forced to consider refurbished or good quality second-hand buildings, which will support rents in this segment of the market.
http://www.freeofficesearch.co.uk/Of...r=December2010
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Old December 15th, 2010, 09:13 PM   #2050
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RMA plans residential tower for City of London

[IMG]http://i56.************/1602z37.jpg[/IMG]

Barratt London and housing association L&Q have teamed up to build a £100 million residential tower in Alie Street, Aldgate, designed by RMA Architects.

The 27-storey building will contain 235 new homes and sit beside a smaller seven-storey commercial block.

Alastair Baird, regional managing director of Barratt London, said: “The development on Alie Street is a particularly exciting project, as it is one of a limited number of residential towers in the City of London and a record height for a Barratt East London development.”

Part of the Aldgate Masterplan, the 0.25 ha site falls within the City Fringe Opportunity Area. Work is expected to start on site in January subject to planning permission. It is due for completion in December 2013.
http://www.bdonline.co.uk/news/rma-p...010445.article
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Old December 16th, 2010, 04:29 PM   #2051
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Bishops Square office complex sold



A large office complex in central London has been sold in a multi-million pound deal announced to the stock market yesterday. The Bishops Square offices building has been sold by Bishops Square Holdings Limited, a 25:75 joint venture between Hammerson plc and Oman Investment Fund. The new owners are JP Morgan Asset Management who have agreed to pay £557m for the buildings.

The complex was last valued for accounting purposes at £510m in June, 2010. Hammerson had previously bought out the 25% holding in the development belonging to the City of London in 2007.

Bishops Square (pictured) is predominately offices with retail space on the ground floor. Completed in 2005 and designed by Foster & Partners, the development also created a significant, new public space in London. The development has been recognised with several awards, including Best Commercial-led Regeneration Project of the Year (2006) and British Urban Regeneration Award (2008).

Total, Grade A office floor space amounts to 774,000 sq ft with the retail space taking an additional 40,000 sq ft. The offices are solely let as headquarters to international law firm Allen & Overy LLP on a long term lease. Annual rental income for the whole building amounts to £35m / year with average rental prices for the combined retail and office space equating to approximately £43 / sq ft.

Peter Reilly, Head of J.P. Morgan Asset Management’s European Real Estate Group, said: “We remain bullish on investing in high-quality, well-tenanted office properties located throughout Europe.”
http://offices.org.uk/news/bishops-s...d-1216820.html
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Old December 17th, 2010, 06:38 AM   #2052
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Originally Posted by Erhan View Post
Anyone knows more about this project? The turkish developer claims that the preperations will start in the beginning of 2011.

How come there hasn't been anything in the UK forums about this?
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Old December 17th, 2010, 11:46 AM   #2053
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...

Last edited by ajaaronjoe; December 17th, 2010 at 12:01 PM. Reason: Wrong post
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Old December 17th, 2010, 08:51 PM   #2054
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Originally Posted by Pennypacker View Post
How come there hasn't been anything in the UK forums about this?
I've also never read or seen anything about this. Certainly towers this big wouldn't go unnoticed.
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Old December 17th, 2010, 09:27 PM   #2055
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5 Broadgate (new UBS HQ) has its own website now.

http://www.5broadgate.com/
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Old December 17th, 2010, 10:52 PM   #2056
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With a little googling:

http://www.hurriyetdailynews.com/n.p...don-2010-11-24

Two towers on Cuba Street, 157m and 122m, a little creativity seems to have been exercised with the scale on the image.

As this is my first post, I'm keeping it short so there's less that can go wrong...
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Old December 18th, 2010, 04:02 AM   #2057
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Originally Posted by Waynflete View Post
With a little googling:

http://www.hurriyetdailynews.com/n.p...don-2010-11-24

Two towers on Cuba Street, 157m and 122m, a little creativity seems to have been exercised with the scale on the image.

As this is my first post, I'm keeping it short so there's less that can go wrong...
Thanks for the info.
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Old December 18th, 2010, 01:30 PM   #2058
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Originally Posted by PortoNuts View Post
I've also never read or seen anything about this. Certainly towers this big wouldn't go unnoticed.
There are lots of proposed residentials known about in that area of CW, it may just be that this company has agreed to finance the construction of a couple of them....just have to wait and see.

Trouble is, CW are incredibly tight lipped about all their developments, so often, the first we know about them being built is when the builders turn up on site...
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Old December 18th, 2010, 06:43 PM   #2059
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Originally Posted by BodgeJob1 View Post
There are lots of proposed residentials known about in that area of CW, it may just be that this company has agreed to finance the construction of a couple of them....just have to wait and see.

Trouble is, CW are incredibly tight lipped about all their developments, so often, the first we know about them being built is when the builders turn up on site...

That is not CW. That's the area south of CW.
The site it is referring to is on Cuba St and although it has potential for high rise buildings nothing has ever been submitted so this story is slightly ahead of itself and wildly optimistic or just a load of Bull.
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Old December 18th, 2010, 10:47 PM   #2060
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Originally Posted by PortoNuts View Post
I've also never read or seen anything about this. Certainly towers this big wouldn't go unnoticed.
That's how business works in Turkey :P In Istanbul we had a project where the plot was already prepared before it was announced, we saw the deep excavation but we didn't know anything about it . The project I'm talking about, http://www.skyscrapercity.com/showthread.php?t=1228557.

I hope you will have good experience with the constructor Agaoglu, in Istanbul he has only built cheap ugly stuff.
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