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Old February 3rd, 2011, 07:02 PM   #2121
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Old February 4th, 2011, 03:29 PM   #2122
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CLS plans £300m twin tower next to MI6 HQ

The 850,000 sq ft mixed-use scheme in Vauxhall will act as a gateway to the regenerated Nine Elms area, which includes a proposed new US Embassy and the redevelopment of Battersea Power Station.

The three-acre CLS site, currently holding offices, is set around one of the busiest traffic systems in South London and the company is proposing a new “skywalk”, similar to Paris’s Promenade Plantee, that will link the corners of the junction for pedestrians. The proposed development is the latest in a line of ambitious London schemes to be unveiled in the past year as confidence in the capital’s prospects grow.

The scheme, called Vauxhall Square, will include a public square the size of Paternoster Square next to St Paul’s Cathedral. It will offer 200,000 sq ft of offices, 80,000 sq ft of retail and leisure, 240-bed student accommodation, a hotel and a six-screen cinema. The two towers will hold more than 400 apartments.

Richard Tice, chief executive of CLS, said: “We have already secured substantial support from early discussions with a number of key stakeholders and major nearby landowners.” CLS plans to submit a detailed planning application later this year with completion of the development pencilled in for 2016/2017. The masterplan has been designed by Allies and Morrison.
http://www.telegraph.co.uk/finance/n...o-MI6-HQ.html#
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Old February 5th, 2011, 04:03 AM   #2123
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Land Securities looks to build on success of Wellington House scheme with residential redevelopment of Portland House

As masters of the London office and retail markets, Land Securities’ has recently turned its attention to the delivery of high quality residential schemes as a way to diversify its London investment portfolio and reduce its exposure to any downturn in demand for commercial space. The developer is now on site at Wellington House, the 10-storey development on Buckingham Gate that will deliver 59 private residential units across nine floors with a ground floor retail unit and residents gym.



On the back of this success, Land Securities is now known to be actively working up plans for Portland House, the 29-storey tower that dominates Victoria, with redevelopment as a residential scheme now almost certain. The building, which was extensively refurbished as part of the Cardinal Place development currently provides 297,000 sq ft of office space across 27 column free floors and is almost fully let to a broad range of occupiers on a variety of short-term leases, which is unusual for the developer, whose other major London office schemes are generally let to a smaller number of tenants, typically on 15-year leases.

Any redevelopment would see Portland House join a growing number of tall residential schemes in London, which include the already under construction Vauxhall Tower, also known as One St George Wharf and the recently completed Strata in the Elephant and Castle. Given its proximity to the West End, prime residential property prices in Victoria far outstrip either of those two locations and given the 360 degree views of a likely top floor penthouse, Land Securities could comfortably expect to smash the current residential sales record in Victoria with any approved scheme at Portland House.



It is rumoured that the developer has already invited proposals from leading architectural practices, which would almost certainly see the concrete tower re-clad, whilst other options include full demolition and rebuild. Given the various office developments that they already have under construction in Victoria, Land Securities could also offer existing occupiers in Portland Tower incentives to relocate, allowing for redevelopment before 2015. A planning application is expected to be submitted to Westminster City Council later in the year.
http://www.leytonstonia.com/2011/01/...-build-on.html
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Old February 5th, 2011, 05:10 AM   #2124
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East London Tech City gets £310m Cisco investment

David Cameron, the prime minister, and John Chambers, Cisco’s CEO, met yesterday to hammer out details of Cisco’s investment into East London’s Tech City, officially known as the British Innovation Gateway.

A key outcome of the meeting is Cisco’s pledge to invest around $500m, or £310m, into the project.

David Cameron said that he welcomes Cisco’s involvement in the project. “This will help create many new jobs and opportunities, and support our drive to diversify our economy and generate sustainable economic growth,” he said. “Cisco’s goal is a fantastic example of how business is turning this vision into reality, with East London set to become a leading Tech City.”

Cisco’s investment will allow two networked Innovation Centres to be built – an open innovation centre in Shoreditch developed in partnership with the local SME community, and another at the Olympic Park site, which will provide a “state of the art connected community”.

“This project is a logical progression of the work we’ve done in the east of London for the 2012 Olympic Games, and we’re delighted to work with the government as it serves as a reminder of how business and government working together can turn vision into reality,” added John Chambers.
http://realbusiness.co.uk/tech/east_...sco_investment
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Old February 6th, 2011, 04:23 PM   #2125
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Goods yard to host first pop-up shopping mall

Waugh Thistleton has unveiled images of Boxpark, the world’s first pop-up shopping mall, in Shoreditch, east London.



The temporary retail park will sit on one of London’s most significant sites for new development, a former railway goods yard alongside Shoreditch High Street station, which is due to be developed in five years’ time by a joint venture from Hammerson and Ballymore. Until then, it will be home to 60 shipping containers, 40 on the ground with 20 sitting on top, providing units for independent retailers.

Hackney Council has backed the plans, which are due to be heard by the planning committee in April. Potential tenants can apply for containers now, with fit-outs due for the summer.

Andrew Waugh, director at Waugh Thistleton, said: “We worked on the project from concept phase, planned its layout and we will hopefully do some of the interiors.” Boxpark is due to open this August.
http://www.bdonline.co.uk/news/goods...012741.article
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Old February 6th, 2011, 11:30 PM   #2126
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http://www.propertyweek.com/news/sky...012764.article


Sky’s the limit as CLS unveils £250m Vauxhall Cross redevelopment

04 February 2011


CLS Holdings yesterday revealed plans for a £250m mixed-use development in London’s Vauxhall with two towers and an aerial walkway

Architect Allies & Morrison has been appointed to design a redevelopment of a 2.9 acre site at Vauxhall Cross, which includes CLS’s headquarters building. It is next to the Vauxhall railway, Underground and bus stations and near the new US embassy.

The 1.2m sq ft scheme (left) has a public square, similar in size to Paternoster Square near St Paul’s Cathedral in the City of London, 200,000 sq ft of offices, a 300-bedroom hotel, 80,000 sq ft of retail with restaurants and bars, 400 flats in two towers of more than 40 storeys, a six-screen cinema and a 240-bedroom student housing building.

A detailed planning application is expected in late 2011.

In addition to the redevelopment of the island site bounded by Bondway, Miles Street, Wandsworth Road and Parry Street, CLS has launched an international design competition for a “linear walk”, to link the sites and streets around Vauxhall Cross.

Five architects have been shortlisted: Exploration Architecture (France), Heneghen Peng (Ireland), Knight Architects (UK), Marks Barfield (UK) and RFR (France).

Read more: http://www.propertyweek.com/news/sky...#ixzz1DDUfXj87
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Old February 7th, 2011, 01:56 AM   #2127
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Old February 7th, 2011, 03:14 AM   #2128
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Originally Posted by PortoNuts View Post
East London Tech City gets £310m Cisco investment]
Awesome news
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Old February 7th, 2011, 04:03 AM   #2129
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Great news. Those towers look about 140m which will help bulk up Vauxhalls skyline.
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Old February 7th, 2011, 11:32 AM   #2130
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Originally Posted by BG_PATRIOT View Post
Awesome news
I don't know if they're planning to use any facilities left from the Olympics, like the Media Centre.
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Old February 8th, 2011, 02:12 AM   #2131
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Old February 8th, 2011, 02:14 PM   #2132
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I will visit London soon, for football. I will enjoy the views of the skyscrapers, completed or not - God Save the Queen!
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Old February 8th, 2011, 04:39 PM   #2133
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London cruise terminal coming to River Thames at Greenwich

Permission has been granted for a dramatic transformation of a neglected Greenwich stretch of the River Thames. Enderby Wharf on the Greenwich Peninsula will be restored with 770 new homes, a 251-bedroom hotel, skills academy, gymnasium and crèche.

Most strikingly of all, the area will offer a cruise liner terminal for ships of up to 240 metres, carrying up to 1,500 passengers to and from south-east London. There is also the provision for creating a pier for Thames Clipper services to stop off.

The proposal was given the green light on Thursday by Greenwich Council’s planning committee. Developers West Properties and Ian Sampson Architects say they can regenerate an area between The O2 and historic Greenwich that currently lies disused after the departure of manufacturing firm Alcatel.

The cruise terminal certainly has the potential to change the future of London tourism, with a report in 2009 describing the UK capital as a ‘marquee destination’ for rich visitors.The scheme’s backers want to open the terminal in time for the 2012 Olympics to take advantage of the thousands of potential customers coming in via the Thames.

The skills academy will complement the terminal, with courses targeted at 16-21-year-olds linked with the new industries coming in. Most homes in the new complex will be two-bedroom flats, but they do vary from one-bed apartments to six-bed family houses.There is also provision for 726 car parking spaces and 823 cycle spaces.

A council report concluded: “The proposed development seeks to optimise the potential for this underutilised brownfield site by delivering a high quality scheme on previously developed land. The delivery of this key piece of infrastructure generates additional opportunity to deliver wider regeneration benefits for the site and the surrounding area."
http://www.london24.com/news/london_...nwich_1_786876





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Old February 8th, 2011, 09:35 PM   #2134
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fantastic!!! do you have the exact location on map? i remember to have taken pics on victoria quay for 02 arena Is it by there?
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Old February 9th, 2011, 06:41 PM   #2135
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Canary Wharf partners Qatar in bid for Shell HQ
By Daniel Thomas, Property Correspondent


Capital appeal: prospective buyers are lining up bids for Shell’s London headquarters at Waterloo

Canary Wharf Group has partnered Qatar to bid for the £300m site of Shell’s London headquarters, leading a list of parties that submitted offers at the end of last week for one of the capital’s most sought after development sites.

Other listed bidders for the site include Land Securities, the UK’s largest real estate investment trust, in a joint venture with Berkeley Homes, a leading London housebuilder, and Helical Bar with Aviva and Native Land.

There have also been private sector bids including one from Chelsfield, led by Sir Stuart Lipton, with London & Regional, the property company of Ian and Richard Livingstone, the wealthy property entrepreneurs. The Shell Centre on York Road in Waterloo sits on a 5.25-acre site on the south bank of the Thames. It is expected to be sold for more than £300m. Three buildings would be redeveloped into a mixed-use scheme of more than 1.5m sq ft, including new offices for Shell, although the 1950s tower is expected to be retained as a corporate headquarters. CB Richard Ellis and Rothschild are advising Shell.

A spokesperson for Shell said: “Shell Centre is our long-term home and stands in a prime position on London’s riverside. This is an unrivalled opportunity to deliver a first-class, mixed-use development in one of world’s most exciting cities.”

Shell said that it would move staff into 40 Bank Street on Canary Wharf ahead of the redevelopment of the site. Qatar has been interested in buying the site in the past.
- http://www.ft.com/cms/s/0/5828c404-2...#ixzz1DTrm2IvE
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Old February 9th, 2011, 10:10 PM   #2136
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That will densify the area, it's good. The Shell Centre is a magnificent building.
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Old February 10th, 2011, 02:35 AM   #2137
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Offices in Greater London could see extension of Northern Line

Businesses that are searching for an affordable part of Greater London to base their offices in may want to look to Vauxhall, Nine Elms and Battersea.

According to mayor of London Boris Johnson, this area could see the extension of the Tube's Northern Line in order to better service the needs of residents and workers.

Proposals put forward for the development including extended the Northern Line west from Kennington, creating an additional two stops.The Greater London Authority said such transport links are required to support "thousands of jobs" and "16,000 new homes".

Indeed, offices in the Greater London areas of Battersea, Nine Elms and Vauxhall may enjoy lower rents that those in more prestigious locations and soon could benefit from an improved Underground service.Battersea Power Station in Nine Elms is currently the focus of plans to create zero-carbon office space in London, as well as a modern conference centre.
http://www.mellersh.co.uk/News.aspx?ArticleId=800393732
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Old February 10th, 2011, 06:32 AM   #2138
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amazing
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Old February 10th, 2011, 06:46 AM   #2139
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Old February 10th, 2011, 03:57 PM   #2140
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Battersea Power Station development could start construction in 2012

The £5.5bn redevelopment of Battersea Power Station has cleared the final regulatory hurdle after Eric Pickles, the Communities Secretary, gave the scheme the green light.

...
http://www.telegraph.co.uk/finance/n...-in-2012.html#
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