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Old October 14th, 2011, 08:00 PM   #2781
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Name - Beetham Tower
Floors - 49
Status - Approved
Height - 163 m (535 ft)
Location - Stamford Street at Bankside, London






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Old October 14th, 2011, 08:05 PM   #2782
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London ‘Super Prime’ Home Sales Surge to Record on Overseas Purchasers

Sales of London’s most expensive homes reached a record as foreign buyers dominate the city’s luxury residential market, Savills Plc (SVS) said.

The number of houses and apartments that sold for more than 5 million pounds ($8 million) rose to 262 from 200 in the nine months through September, 31 percent more than a year earlier, the real-estate broker said today in an e-mailed report.

Overseas buyers make up 65 percent of the market for homes costing more than 5 million pounds, according to the report. The costliest purchases remain concentrated in central London neighborhoods such as Belgravia, Knightsbridge and Mayfair, said Lucian Cook, Savills’s director of residential research.

“Knightsbridge and Belgravia have a high proportion of London’s best-performing flats,” Cook said in the report. “Mayfair has seen significant levels of capital investment and improved amenities which have underpinned price growth.”

International buyers are investing in London homes to protect wealth amid financial or political volatility at home, London-based Savills said. Europe’s sovereign-debt crisis may be worse than the Great Depression, according to Bank of England Governor Mervyn King, and uprisings in countries including Libya, Syria and Egypt have cost a total of $55.84 billion, consultant Geopolicity Inc. said today in a report.

Victorian Building

Buyers from the Middle East, North Africa, Eastern Europe and former Soviet Union are pushing prices in Knightsbridge and Belgravia to new records, Cook said. Values in the west London neighborhoods have risen 93 percent and 94 percent since 2006 compared with 87 percent across prime central London residential real estate.

Four penthouse apartments at the Porchester Building near London’s Paddington Station are expected to sell at 1,200 pounds a square foot, property broker Hamptons International said by e- mail. The six-story Victorian site, which has 41,500 square feet of office space, was put on sale today at 28 million pounds.

Sales of homes above the 5 million-pound threshold totaled 3.2 billion pounds in the nine-month period compared with 2.1 billion pounds a year earlier, Savills said. About 60 percent of the buyers in the last three months were foreign.
http://www.bloomberg.com/news/2011-1...urchasers.html
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Old October 14th, 2011, 08:10 PM   #2783
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Skanska awarded £30m City office refurbishment project

Skanska has been awarded a contract to undertake a major refurbishment of office space in the City of London at Finsbury Circus, near Liverpool Street Station in the city of London. The contract value amounts to around £30m. The client is Hamburg-based Union Investment Real Estate GmbH, the owner of the “Finsbury Circus House”, who has appointed CORE to manage the project on their behalf.

Initial works will 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 add an additional floor at roof level, to provide in excess of 10,000 sq ft of additional prime fully serviced office space in the EC2 district of the City.

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

Architect for the scheme is Fletcher Priest. Work will start on site immediately, with completion scheduled for January 2013.
http://www.freeofficesearch.co.uk/Of...ar=October2011
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Old October 14th, 2011, 08:31 PM   #2784
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London's new hotspots attract realty investors

London: New-build property prices in parts of London are poised to rise rapidly, according to new research, as regeneration and new transport links make previously unloved areas more attractive to investors.

In its report on London Hotspots: Residential development opportunity areas, agent Knight Frank claims that certain areas of the capital undergoing major infrastructure improvements will see new-build property prices rise by more than 30 per cent between now and 2016.

Highest price growth is predicted for Nine Elms, in south-west London, where agents suggest residential prices could rise by as much as 140 per cent, to £1,800 (Dh10,260) per square foot.

Their projections are based on the opening of the new US embassy in 2017 — which is expected to transform the area's identity — and the extension of the London Underground's Northern Line.
Read full article: http://gulfnews.com/business/propert...stors-1.891341
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Old October 15th, 2011, 12:51 AM   #2785
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Olympic regeneration "most important in 25 years"



The "most important regeneration project in 25 years" has moved a step closer after planning applications were made for the Queen Elizabeth Olympic Park.

Family housing, transport links and open spaces are at the heart of the application lodged today by the Olympic Park Legacy Company for 64 hectares of the site that will be the centrepiece of next year's Games.

Five new neighbourhoods will be built over the next 20 years, and will include up to 8,000 new homes, as well as schools and health facilities.

The plan also includes 130,000 sq m of employment space which could provide around 4,400 jobs by 2031.

Mayor of London Boris Johnson said: "This is an important step towards turning the vision for the development of Queen Elizabeth Park into a reality that will revolutionise the face of East London and deliver a lasting legacy for the capital.

"Creating a fantastic new community in which thousands of people can live and work, it will be the most important regeneration project that the city has seen in 25 years."

The public helped decide the names of the five new neighbourhoods through the "Your Park, Your Place" competition earlier this year. They are Chobham Manor, East Wick, Sweetwater, Marshgate Wharf and Pudding Mill.

OPLC chief executive Andrew Altman said: "This planning application represents a significant moment in making the Queen Elizabeth Olympic Park a reality. As one of the most important housing developments in London's history, these five neighbourhoods will stitch together the surrounding communities of a formerly isolated area through new homes, schools, shops, parks, infrastructure and jobs."

Planning applications for the rest of the Park, including the areas around the sports venues will be submitted at a later date. The Olympic Delivery Authority will undertake a statutory consultation on the application until November 14. A decision is expected next summer.

Key facts:

The five new neighbourhoods will open in phases to the public from 2013, with families moving into the first new homes in 2015. Around 40 per cent of homes are family homes. Up to 35 per cent will be affordable housing.

Three new schools, two primary schools and a secondary school will open, along with Chobham Academy which sits just next to the Olympic Village and will open in September 2013.

Other amenities include nine nurseries, three health centres and 12 multipurpose community spaces which could be community centre, libraries and gym. There will be plazas, canal paths, roof gardens, cycle paths and 29 playgrounds.
http://www.wharf.co.uk/2011/10/olymp...most-impo.html
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Old October 15th, 2011, 01:37 AM   #2786
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London’s Heathrow Airport to create new terminal to help Olympics athletes leave



London’s Heathrow Airport will create a special terminal for Olympic athletes and coaches to fly out of Britain after the end of the games.

Around 10,000 athletes and support staff will go through the “Special Games Terminal” in the three days after the closing ceremony on Aug. 12, 2012.

Nick Cole, who is running Heathrow Airport’s Olympic plans, said Friday that the day after the closing ceremony is expected to be the airport’s busiest day ever.

The temporary terminal will only be used by Olympic athletes and their staff but is designed to minimize disruption for all passengers traveling through Heathrow at that time. Cole said the security checks will be the same as for all passengers.
http://www.washingtonpost.com/world/...6jL_story.html
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Old October 15th, 2011, 03:13 AM   #2787
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Property interest should definitely spread out to non traditional areas.
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Old October 15th, 2011, 03:17 AM   #2788
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Launch of the Royal Albert Dock Hotel

Principal International are pleased to announce the launch of a new London Hotel Investment Opportunity, the Royal Albert Dock Hotel in the Royal Docks, which will operate under the Holiday Inn Express brand.

This hotel will be sympathetic to the surrounds of the Royal Albert Dock, built in the style of the dock warehouses and will be arranged over 4-floors. The hotel will offer 204 rooms with the accommodation being arranged over floors 1-3. The ground floor will incorporate the reception area, in addition to a 125 cover restaurant, bar, lounge and meeting rooms. Car parking facilities are also available to hotel guests and visitors. Construction is scheduled to commence in February 2012 and completion is targeted for the Q1 2013.

London is the most visited city in the world, attracting 27 million overnight visitors per year. The Royal Albert Dock Hotel is situated 7 miles from central London and is close to many of London’s major tourist sights, attractions and its business hub of Canary Wharf.

The ExCeL (exhibition centre London) is merely half a mile from the hotel and since 2000 has welcomed over 5 million visitors; the centre has a capacity for 70,000 visitors per day, which produces a huge demand for hotel accommodation in the area. London City Airport is conveniently located 1.5 miles away, which served 2.8 million passengers in 2010 and has expansion plans to serve 8 million passengers per year. The O2 Arena is now the world’s busiest arena, with an audience capacity of 23,000 it attracts over 2 million visitors per year and is situated just 2 miles from the Royal Albert Dock Hotel. The project also enjoys great transport links, not only with the increasing services at London City Airport, but also excellent road and rail links.

The area currently has a frustrated demand within the hotel sector, especially when there are events on at the O2 Arena and ExCeL. Research has indicated that the projected returns can not only be achieved, buy have the possibility to be exceeded.



http://www.principalinternational.co...ert-dock-hotel
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Old October 15th, 2011, 04:12 PM   #2789
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Derwent's £105m Old Street scheme clears planners

Derwent London has been granted planning permission for a 16-storey office block and associated developments by Old Street roundabout in the City of London borders.


The 289,000 sq ft (26,800m²) redevelopment of the City Road Estate site includes 271,000 sq ft (25,200m²) of offices, 10,000 sq ft (900m²) of retail and 8,000 sq ft (700m²) of private residential accommodation. Capital expenditure for the new scheme is anticipated to be in the region of £105m.

The planning permission from the London Borough of Islington includes full payment of the Crossrail levy and a significant contribution for off-site affordable housing, the developer said.

Centrepiece of the design by architects Allford Hall Monaghan Morris is a 16-storey office building that will incorporate Derwent’s ‘White Collar Factory’ concept. This uses passive measures such as concrete-slab cooling and generous floor-to-ceiling heights to provide spacious, flexible accommodation that is economic to run and environmentally more sustainable than a conventional office building, it is claimed.

The main building will be complemented by a mixture of new and refurbished five- and six-storey office buildings targeted at technology companies that are being attracted to this area, which has been dubbed ‘Silicon Roundabout’.

The existing buildings total 124,000 sq ft (11,500m²) - the new scheme represents a 130% increase on the existing floorspace. Derwent is reviewing its strategy for the development, but it is likely that a marketing campaign will be undertaken to secure a significant pre-let before starting construction.

Derwent London chief executive John Burns said: “We are delighted to have won this major planning consent, which follows closely on the heels of our recent planning success at 80 Charlotte Street, Fitzrovia W1. The proposed City Road Estate scheme, incorporating our White Collar Factory concept, will be an exciting new project for the group at this up-and-coming location that is proving highly appealing to the technology and media sectors.”
http://www.theconstructionindex.co.u...lears-planners
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Old October 15th, 2011, 08:20 PM   #2790
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Derwent gets green light for central London construction work

Derwent has received local authority backing for its plans for a mixed use redevelopment in central London that is likely to create new jobs in construction.

Islington council has granted the property firm permission to proceed with construction work on the £105 million transformation of a one-acre site at City Road Estate into several five and six-storey buildings surrounding a 16-storey office block.

The plans - which were drawn up by architect firm Allford Hall Monaghan Morris - incorporate 271,000 square feet of office space, 10,000 square feet of retail space and 8,000 square feet of private residential accommodation.

John Burns, chief executive at Derwent London, commented: "The proposed City Road Estate scheme...will be an exciting new project for the group at this up-and-coming location that is proving highly appealing to the technology and media sectors."

Last month, Derwent was also given the green light to proceed with a 367,000-square foot mixed use development at 80 Charlotte Street in west London, which is also likely to have a positive impact on construction recruitment in the city.
http://news.careerstructure.com/arti...truction-work/
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Old October 15th, 2011, 08:22 PM   #2791
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London Gateway 'super-port' to open before end of 2013



The owners of the London Gateway port say the project is due to open in the last three months of 2013.


DP World says the site will initially be able to handle 1.6 million standard shipping containers a year. Over time, the Dubai-headquartered group plans to raise capacity to 3.5m containers.

Construction work began near Thurrock, Essex, in January 2010 on the site of a former Shell oil refinery.

When complete, it will be the largest deep-sea port in the UK.

DP World says the Thames Estuary development has already created 600 jobs and it plans to increase that number by a further 1,000 over the coming months. Seven hundred of the new posts will be in construction, while the other 300 are described as port jobs.

The firm estimates that eventually, the port and a neighbouring logistics centre will help create 32,000 jobs, adding £3.2bn to the UK economy each year.

'Environmentally friendly'

The company says the project is also good for the environment. It says that by allowing the world's largest cargo ships to unload their goods next to a major distribution centre, 65 million road freight miles can be saved every year.

DP World's chief executive, Mohammed Sharaf, said: "London Gateway is a giant leap forward for the UK's supply chains and will benefit our customers tremendously through more efficient transportation of goods."

Business Secretary Vince Cable also welcomed the news, saying: "It will help Britain maintain its competitiveness, drive productivity, and crucially strengthen our links with Asia and beyond."
http://www.bbc.co.uk/news/business-15164295
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Old October 16th, 2011, 04:48 PM   #2792
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Elephant & Castle skyscraper vetoed by Southwark planning committee



Southwark Council's planning committee has voted to reject Oakmayne's controversial planning application for a 41-storey tower on the Eileen House site on Newington Causeway at Elephant & Castle.

Nearly two years have passed since the scheme first appeared on a planning committee agenda – but a series of objections raised by the neighbouring Ministry of Sound club (plus the occasional administrative bungle) have conspired to delay the process.

Tuesday night's meeting at 160 Tooley Street was one of the most keenly anticipated in recent times: how would the committee reconcile the developer's insistence that the 335 new homes could exist happily alongside the 20-year-old nightclub with the Ministry of Sound's claim that its closure would be inevitable should the tower be constructed?

The scheme has been the subject of a 25,000-signature petition and a high-profile leafleting and advertising campaign mounted by the nightclub which claims its licence is in jeopardy if new homes are built in close proximity.
Read full article http://www.london-se1.co.uk/news/view/5587
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Old October 16th, 2011, 07:44 PM   #2793
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That's a blow, such a nice design too.
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Old October 17th, 2011, 01:52 PM   #2794
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A french report from last april before the mariage of kate & william

It is focused on some aspects of London (french expatriotists, stratford regeneration, creation of a subsidiary of a french business school)

great london

Please share:

http://videos.tf1.fr/jt-we/zoom-sur-...e-6407941.html
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Old October 18th, 2011, 11:42 AM   #2795
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has someone seen in this report the part concerning stratford and this guy showing the gigantic project of a sofa hosting offices and those giant screens?!
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Old October 18th, 2011, 12:49 PM   #2796
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an interesting idea which if it comes to the finishing would bring Piccadilly circus to Old street...pic on the wired uk's website . still a concept though


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What do you get if you cross the bustle of Old Street's Silicon Roundabout with the glare of the digital billboards in Piccadilly Circus? A concept design for an office building.

Architects 00:/ and Space Station have put together plans for a multi-floor office building mounted on top of Old Street roundabout that would act as an incubator for startups and technology companies.

Inside, the offices would be highly configurable, with movable walls that could acommodate small or large teams, while giving them the ability to grow. The ground level, above the tube station, would be redesigned to include market stalls, cafes and other facilities. Space Station and 00:/ say "It should be something like a cross between Trafalgar Square and Grand Central Terminal in New York."

The exterior of the building would be covered by massive digital advertising panels, which could be rented on a per-pixel, per-minute basis by other companies, just like the Million Dollar Homepage. "By selling the façade per pixel, per minute, the building creates a system which allows small, local companies, and individuals to use it, alongside the big global players," the agencies say.

Space Station director Russell Chopp said: "The roundabout is a landmark opportunity to articulate and amplify what is happening in the area."

For the time being, however, the design will remain a concept.
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Old October 18th, 2011, 02:29 PM   #2797
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In Comparison to the one in London, anyway is the British capital seriously going to get this Bangkok-style building?





I prefer it to either of the two styles that gets built in London nowadays - generic glass shapes, or those awful whacky colour scheme-clad buildings.

Something like this tones the skyline down and accentuates the beauty of the real gems like the Shard and the Pinnacle
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Old October 18th, 2011, 09:56 PM   #2798
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I prefer it to either of the two styles that gets built in London nowadays - generic glass shapes, or those awful whacky colour scheme-clad buildings.

Something like this tones the skyline down and accentuates the beauty of the real gems like the Shard and the Pinnacle
+1 and that kind of building looks cheap too, seems like a developing Asian or South American city though. Just wish it would never get built in London. Safe!!!
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Old October 19th, 2011, 10:00 AM   #2799
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+1 and that kind of building looks cheap too, seems like a developing Asian or South American city though. Just wish it would never get built in London. Safe!!!
Just because it isn't a wacky shape you see in the city's financial district doesn't mean it's crap. The materials used will probably be as good as any of the major projects in London.

These type of buildings help create much needed space and as far as i'm concerned it looks great.
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Old October 19th, 2011, 11:47 PM   #2800
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http://www.wired.co.uk/news/archive/...t-office-block


It's funny because a few years ago I was walking through Old Street and thought that the roundabout would look good with a large cylinder tower with video ads, although I imagined it taller and thinner and more circular.

I think the concept is great, could establish the area as a gateway esp. with the other new developments. The only thing is there should be a broader package of improvements at street level. This pic shows it just plonked above the station. I was wondering if Tfl could get significant air rights from this to redevelop this 70s/80s throw back of a station.
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