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Old October 8th, 2011, 07:48 PM   #2721
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Mayfair housing project to be launched

A club of private investors is set to cash in on the rampant demand for high-end London property by launching Mayfair’s largest housing project for decades.

Brockton Capital, a real estate-focused private equity group, has spent four years buying 40 flats in a 1930s red-brick mansion block on a site behind Piccadilly. The group has drawn up plans to convert the building, which includes the Mirabelle Restaurant, into an 18-unit, ultra-prime apartment block with an expected development value of £400m.

If it goes ahead, the project will hope to emulate the success of One Hyde Park – the Candy Brothers’ scheme which has broken UK sales records, trading for as much as £6,835 per square foot.

Brockton has commissioned US architect Robert Stern to come up with a design which includes a large private garden and would see the building transformed, with four subterranean levels to accommodate a gym, swimming pool and underground parking.

The company, which had to complete 21 transactions to piece together the site, intends to sell the existing building to a developer, however, rather than take the project through construction and marketing. Any developer would be able to submit plans for a different design, but it is unlikely the project would not be used for housing.

People familiar with the plans said a residential scheme on the site, which sits on the corner of Curzon Street and Bolton Street, would be likely to command prices of between £4,000 and £5,000 a square foot.

“This is one of the best residential development sites in the whole of London at the moment,” said Tim Whitmey, director of residential research at Savills, who are acting as joint agents for the project.

Demand for top-end London houses has soared during the past year, as cash-rich buyers from the Middle East and Asia are joined by Europeans looking for a safe investment to store their wealth. In September alone, One Hyde Park saw four transactions at over £6,000 per square foot.

International buyers have filled the drop in demand for expensive London property during the downturn, spending an estimated £6bn during the past 18 months. The flood of money coming into the capital has had the effect of widening the gap between property values in London and the rest of the UK.

As well as high-end developments, overseas buyers are increasingly snapping up mid-market new- build apartments across London.
http://www.ft.com/intl/cms/s/0/37b70...#axzz1aCQAYlcs
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Old October 8th, 2011, 07:49 PM   #2722
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Many mega and Europe's biggest projects are going on in London, that's brilliant.

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Google to Open Building for London Start-Ups (Europe's first)



“Silicon Roundabout,” a traffic circle on the edge of the main financial area that’s the hub of the city’s booming technology scene.

Google has signed a 10-year lease on a seven-floor office block close to London’s “Silicon Roundabout,” which will be used to support start-ups. This is the first time the U.S. Internet company has been involved in such a project anywhere in the world.

As well as providing space for organizations that support start-ups, Google says the space will be used for training workshops, hackathons and product demonstrations. What it will not do is provide space for Google’s own staff who will remain at the company’s European headquarters a few miles to the west in London’s Victoria.

David Singleton, engineering director for Google U.K., said: “We announced our involvement in the Tech City project last year, and we’ve been working hard to make this vision a reality. Finding a suitable building is the first major step, and we hope to announce more details about the organizations we’ll work with and how they will use the space in the coming months. East London is already home to hundreds of innovative British start-ups, and has huge potential for economic growth and new jobs over the coming years.”

The “East London Tech City” initiative was announced last November by British Prime Minister David Cameron. The idea was to build on the achievements of technology and media businesses who jokingly referred to the area as “Silicon Roundabout.”

Mr. Cameron said then that there would be no additional funding for the project but there would be support from high-tech companies. The latest announcement from Google really just gives a specific geographical address, 4-5 Bonhill Street, to the plan for an innovation center it outlined last year.

A number of commentators have noted that the latest announcement comes just days after Twitter said it would be opening an office, expected to be its European headquarters, in Dublin rather than in the U.K.

London’s Financial Times however, reports that Twitter said of the new premises in the Irish capital, “for now, the sales and operations office would be smaller than its central London and Tokyo sites.”
http://blogs.wsj.com/tech-europe/201...ogle_news_blog
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Old October 8th, 2011, 07:56 PM   #2723
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SO143 is not the same news than the one of yesterday ?

google
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Old October 8th, 2011, 08:06 PM   #2724
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Originally Posted by caserass View Post
Is this the one you were asking? I have no idea about the current state of this building.

Allies and Morrison Olympic Towers Revealed.









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Old October 8th, 2011, 08:09 PM   #2725
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simple and beautiful !
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Old October 8th, 2011, 08:45 PM   #2726
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Orbit Tower construction ....

image hosted on flickr


image hosted on flickr




http://www.flickr.com/photos/arcelor...n/photostream/
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Old October 8th, 2011, 10:26 PM   #2727
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The U.K. government plans to spend 200 billion pounds on infrastructure using a mix of public and private funding through 2015 as it seeks to boost a flagging economy.
Are you sure this is correct? I mean it's less than three months till 2012, so that's 200 billion pounds in 3 years? That's some serious business. What do they plan to spend all the money on?
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Old October 9th, 2011, 01:18 PM   #2728
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Originally Posted by lafreak84 View Post
Are you sure this is correct? I mean it's less than three months till 2012, so that's 200 billion pounds in 3 years? That's some serious business. What do they plan to spend all the money on?
i think up to 20 billion is being spent on crossrail
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Old October 9th, 2011, 02:08 PM   #2729
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Originally Posted by lafreak84 View Post
Are you sure this is correct? I mean it's less than three months till 2012, so that's 200 billion pounds in 3 years? That's some serious business. What do they plan to spend all the money on?

Roads, trains, airports, bridges... etc etc etc.
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Old October 9th, 2011, 04:33 PM   #2730
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Originally Posted by lafreak84 View Post
Are you sure this is correct? I mean it's less than three months till 2012, so that's 200 billion pounds in 3 years? That's some serious business. What do they plan to spend all the money on?
Yea the prime minister David Cameron said that he wants to build a lot of new houses across the country, new high speed rail networks, new airports, better roads, hospitals and schools etc. He just spent £20bn for Crossrail, so i guess £200 billion is not that much as it will be spent for many factors and this is one of this government "must-do" plans.
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Old October 10th, 2011, 12:33 PM   #2731
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That's awesome! I hope the master plan will soon be revealed.
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Old October 10th, 2011, 04:11 PM   #2732
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Originally Posted by SO143 View Post
Is this the one you were asking? I have no idea about the current state of this building.

Allies and Morrison Olympic Towers Revealed.
Boxy but beautiful
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Old October 10th, 2011, 06:22 PM   #2733
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Quote:
Originally Posted by caserass View Post
simple and beautiful !
Quote:
Originally Posted by City of Rain View Post
Boxy but beautiful
Are you guys being serious? I find it boring though. It expresses no high quality architecture and it's very similar to the ones in Frankfurt.

Similar colour as well, i wish this kind of building wouldn't be built in a city like London.

[IMG]http://i56.************/19ks3r.jpg[/IMG]

[IMG]http://i51.************/5wju2q.jpg[/IMG]



In Comparison to the one in London, anyway is the British capital seriously going to get this Bangkok-style building?





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Old October 10th, 2011, 06:35 PM   #2734
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Skanska wins £30m London office refurb

Skanska has nabbed a major £30m office refurbishment contract at Finsbury Circus House in the City of London.


Hamburg-based Union Investment Real Estate GmbH, the owner of Finsbury Circus House, appointed city project managers Core to handle the upgrade scheme on its behalf.

Initial works include the demolition of the ground floor slab, together with structural alterations to the existing eight-storey office building.

During the reconstruction phase, Skanska will build an additional roof top floor.

Work also includes the full restoration of the existing façade to the Finsbury Circus elevation and the construction of a new rear façade incorporating Portland Stone.

Skanska’s team will install mechanical and electrical services throughout, as well as new internal finishing including high-quality toilet and reception areas, and six new passenger lifts.

Work will start on site immediately, with completion scheduled for January 2013.

Paul Heather, managing director of Skanska’s south east building arm, said: “The award of this contract demonstrates our capability to develop the range of projects we undertake, and deliver value solutions to our clients.

“We have worked with both Union Investments and Core on previous schemes in London and I am delighted that we will be continuing to build upon our successful relationship at Finsbury Circus House.”

Dr Karl-Joseph Hermanns-Engel, Union Investment Real Estate said: “The current market cycle in London provides an almost perfect opportunity for this type of reconstruction in prime locations.

“Repositioning our property will enable us to meet the high demand for energy-efficient core properties in the financial district.”
http://www.constructionenquirer.com/...office-refurb/
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Old October 10th, 2011, 06:36 PM   #2735
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U.K. Considering $7.8 Billion Heathrow-Gatwick Link

U.K. lawmakers are studying the construction of a 5 billion-pound ($7.8 billion) high-speed rail link between London’s Heathrow and Gatwick airports, the Financial Times said.

The plan is a possible alternative to increasing the capacity of Heathrow, the FT cited Victoria Borwick, a member of the Greater London Authority’s transport committee, as saying.

The Department for Transport said a public consultation in 2012 would consider improving connectivity between existing airports, according to the report.
http://www.bloomberg.com/news/2011-1...t-reports.html




Quote:
World's Largest Solar Bridge Under Construction in London



I've said it before, but symbolism is hugely important as we transition from the fossil fuel age to a clean energy economy. So the announcement that an iconic steam-era railway bridge is to become the world's largest solar bridge is big news indeed.

The fact that it will generate an estimated 900,000kWh of electricity every year just seems like icing on the cake.

A New industrial Age
Whether it is an old mine becoming the world's largest solar power plant, or an industrial dockyard used for coal deliveries now sporting gigantic wind turbines, some projects seem to have particular symbolic value when discussing the dawn of a new energy paradigm. But it would be a mistake to characterize the conversion of the Blackfriars railway bridge that spans the Thames near St. Paul's Cathedral as simply symbolic.



A Solar-Powered Station
Providing nearly 50% of the energy needed to power Blackfriars station, and sporting 6,000m2 of PV panels, this will be the largest solar array in London and the largest solar bridge in the world. Derry Newman, chief executive of project developers Solarcentury explained that visibility is a hugely important aspect of this project:

"It's fantastic to see this project finally come to fruition. Blackfriars Bridge is an ideal location for solar; a new, iconic large roof space, right in the heart of London. Station buildings and bridges are fixed parts of our urban landscape and it is great to see that this one will be generating renewable energy every day into the future. Unknown to most, there are many hundreds of buildings now powered by solar in the capital as investment in this technology increases. For people to see that solar power is working is a vital step towards a clean energy future."
Perhaps even more encouraging is the news that this is not just a case of slapping on solar panels and calling it green. The panels themselves are just one part of a much broader retrofit of the station that includes installation of rainwater harvesting systems and "sunpipe" solar day lighting.

Leadership. Just Not From Our Leaders.
So while senior UK ministers continue their push for mediocrity regarding clean energy, they will see people hard at work (yes, work!) making the next industrial revolution actually happen

We'll be hosting a Live Chat with former oil man, Greenpeace campaigner, and Solarcentury founder Jeremy Leggett on October 13. We'll no doubt be discussing the Blackfriars project, alongside the latest developments in solar, the current political climate for clean energy, and his work in spearheading business responses to peak oil. Stay tuned.
http://www.treehugger.com/files/2011...dge-london.php
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Old October 10th, 2011, 06:58 PM   #2736
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Workers in 800ft skyscraper caper
1932 pic recreated in London




http://www.thesun.co.uk/sol/homepage...per-caper.html
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Old October 11th, 2011, 02:18 PM   #2737
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London’s Jewish community center breaks ground

Mayor Boris Johnson attends ceremony for £50 million project, says he hopes the project "will inspire other Londoners."
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LONDON – The eagerly-anticipated new Jewish community center moved a step closer to completion on Thursday with a ceremony marking the start of building what will be one of the largest Jewish community centers in Europe.

London Mayor Boris Johnson joined guests on Thursday for a formal groundbreaking ceremony at the site of the Jewish community center building in Hampstead, North West London.

The center is the brainchild of Dame Vivien Duffield, who was inspired by her visit to similar community centers in the US and has donated £25 million to realize the project, the largest ever single gift in the history of the London Jewish community.

“The Jewish community center building has been designed to be inspirational – a place where Jewish culture is made as well as enjoyed,” she said. “My aspiration is that the quality of the programming and cultural output produced at the center will rightly earn it a reputation for excellence amongst the wider community, establishing itself as a must-visit destination on the cultural map of London.”

At the ceremony, attended by over 200 people, Johnson and Duffield ceremonially shoveled earth into the foundations of the 35,000-square foot state-of-the-art building, set to be completed in 2013.

With the principle of inclusiveness at its heart, the center is modeled on the Jewish community centers in cities across America. The community centers host an array of events and activities for all ages that invigorate Jewish life and also cater to the local community and other faiths.

Speaking at the event, and after blowing the shofar, the mayor said: “This wonderful building will be a fitting home for London’s Jewish community, as well as an excellent new center for Londoners of all faiths.

“An outstanding example of a community coming together to make things better for the whole city, this is Team London in action – our own program to harness thousands of volunteers to improve quality of life in the capital – and I hope it will inspire other Londoners. What’s more, it’s being built without a penny of public funds,” he added.

The center will have a large multipurpose hall and a kosher café and hub, both opening onto a huge piazza.

There will also be a 60-seat screening room, demonstration kitchen, arts-and-crafts room, rehearsal and dance studios and meeting rooms.

A nursery and 14 apartments will also be a part of the center.
http://www.skyscrapercity.com/showth...15079&page=274




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Capital Hill Hotels to buy £190m Morgans' London hotels

Morgans Hotel Group is understood to have agreed to sell its two London hotels to Middle Eastern investor Capital Hill Hotels for around £190m.


The boutique hotel operator owns the Sanderson and St Martins Lane hotels in a joint venture with an affiliate of private equity real estate investment firm Walton Street Capital.

The sale is expected to close in the fourth quarter. Morgans will continue to operate the hotels under long-term management agreements, terms of which have been extended to 2041 from 2027.

Last week Property Week revealed that New York boutique hotelier Ian Schrager has been selected as the preferred bidder for the £75m Crowne Plaza Shoreditch, with backing from Westmont Hospitality Group and Grove International Partners.
http://www.propertyweek.com/news/new...025962.article
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Old October 11th, 2011, 02:19 PM   #2738
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Aspinal of London and Sacoor sign at Bluewater

Aspinal of London has agreed to open its first standalone store outside the capital at Bluewater, while Portuguese menswear brand Sacoor Brothers will open its third UK shop at the scheme.


Aspinals has signed to open a 1,596 sq ft store on Bluewater’s lower Guildhall and will open in time for Christmas. The store will be its fifth in the UK.

Sacoor will open a 1,950 sq ft store, also on the lower Guildhall, in sping 2012. Property Week revealed in September that Sacoor had entered the UK market and had signed to open stores at Westfield’s two London shopping centres. The retailer is also seeking a new flagship store in central London and plans to expand throughout the UK in 2012 and could take around five further units by the end of next year.

At Bluewater Whistles will also relocate to a 914 sq ft store on the upper Rose Gallery and will introduce a new store design, which will be open for Christmas. Pandora has also agreed to open a second store at the scheme in a 1,567 sq ft unit on the upper Rose Gallery.

Meanwhile Paperchase will relocate to a 2,864 sq ft store, which includes a 500 sq ft mezzanine, on the upper Guildhall.

DTZ and CBRE acted for Bluewater. Wilson McHardy represented Aspinal of London. CBRE acted for Sacoor and Paperchase, Stephen Kane and Co for Pandora, and Retail Property Services for Whistles.
http://www.propertyweek.com/news/new...025965.article
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Old October 11th, 2011, 05:59 PM   #2739
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Park Royal City International

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Old October 11th, 2011, 11:17 PM   #2740
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Plans submitted for London’s newest public square at King’s Cross


The application by Network Rail for a new public space in front of the station comes at the end of a four year design process. Photo: Network Rail.

The transformation of King’s Cross station has taken another step forward after detailed plans for a new public square were submitted. The application by Network Rail for a new public space in front of the station comes at the end of a four year design process which ended in July when more than 4,500 people took part in a public consultation on the proposals.

The new design by architects Stanton Williams incorporates more trees than the original and a combination of traditional Yorkstone and granite paving. To complement the University of the Arts London moving into King’s Cross, an area suitable for displaying large-scale art installations has also been identified.

Ian Fry, Network Rail’s programme director at King’s Cross said: “When designing a square which will be used by 140,000 people every day, it was vital to get as much public input as possible. We received many positive comments about our proposals and considered every suggestion to see if there were other details we could include. Stanton Williams’ imaginative scheme deftly resolves several complicated challenges and constraints on the space.

“The result is a high quality open space, which allows the magnificent Grade I listed Victorian Lewis Cubbitt station façade to take centre stage.”

The completion of the square in 2013 will reveal the Victorian grade I listed station façade for the first time in 150 years. At more than 7,000 square metres the square will be 50% bigger than Leicester Square and will open up the space currently occupied by the 1970s concourse extension.

Network Rail is transforming King’s Cross station into a world-class transport hub and the square will mark the end of a complete redevelopment of King’s Cross station.

Once completed, the station will be able to accommodate 10m more passengers than today and the first phase of the project will complete in March 2012 when a new glass and steel concourse, providing three times more space than the existing area, will be opened.
http://www.rail.co/2011/10/11/plans-...t-kings-cross/
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