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Old December 17th, 2011, 05:10 AM   #3001
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New Court - Rothschild HQ

by SmartGlass International.

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Old December 17th, 2011, 04:15 PM   #3002
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Quote:
New Victoria offices "a game changer"

Land Securities' plans to build new London offices, residential properties and retail space in Victoria represent a major transformation for this area of the city.

This is according to a spokesman for the company, who told the Wall Street Journal that its scheme - which is unfolding over a period of ten years - is "a game changer for this part of the West End".

Last month, Westminster council decided to give planning permission to Land Securities for the redevelopment of Kingsgate House at 66-74 Victoria Street from a single block of offices to two structures containing 203,000 sq ft of high-quality commercial space, as well as 102 apartments.

The firm also finished work on the mixed-use Cardinal Place site five years ago, which offers 649,000 sq ft of space for retailers and businesses, is almost completely let and is valued at more than £200 million.

Other elements of the decade-long development plan include the transformation of Victoria offices at 62 Buckingham Gate and a commercial development at 123 Victoria Street, which is expected to be completed next year after planning consent was granted in 2010.

The investment in this part of London has been supported by an overhaul of Victoria Station to enable a more seamless experience for those travelling by tube or rail. Land Securities' projects in Victoria have been aided by a number of central government leases expiring, allowing the company to operate with the help of the local authorities.

It is hoped the relatively lower office rents in this area of the capital will attract more businesses to the commercial space available there. Some of the big names that have settled into Victoria offices over the last few years include Microsoft, the Telegraph Media Group and Google.

Other south-west London offices owned by Land Securities include the 354,000 sq ft Queen Anne's Gate, which is home to the Ministry of Justice, and Portland House, which has 26 floors providing around 10,000 sq ft of space each.
http://www.mellersh.co.uk/News/New-V...801238510.aspx
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Old December 18th, 2011, 01:05 AM   #3003
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London’s Largest Office Building To Be Built By Mace

The new London headquarters of the global financial firm UBS is going to come into existence with a record of being the largest office building in London. The building to be built by the International consultancy and construction company, Mace, will be located at 5 Broadgate. The client is British Land and Blackstone Group.

Expecting to house around 6,000 UBS employees, the building will have floor area of 1.2 million square feet and will rise to 14 storeys. Among these 14 storeys four storeys will be trading floors to accommodate 750 traders. Currently the 4 and 6 Broadgate are being demolished by Mace and then the foundation work, which is piling, will commence early next year.

Mace’s Chief Operating Officer for Construction, Gareth Lewis, said “Following our successful delivery of Ropemaker Place for British Land, we welcome the challenge of working with them to deliver another iconic building that sets new standards in green design and construction.”

The team has also been decided. The architect for the project is Mace, the building services engineer will be Watkins Payne, the structural engineer will be Buro Happold, M3 will be responsible for the project management. The cost consultancy is an important need when it comes to such buildings. The cost consultancy of the project will be managed by the subsidiary called Sense.

This building is going to be constructed as the “Greenest Building” in Square Mile. The building will be BREEAM rated and is being planned to incorporate certain green practices. They include the environmental features like energy performance while maintaining high sustainability standards. This building will hold a record for having the highest number of solar photovoltaic panels on any office building in London. It will also have other features like green roof, rain water harvesting, and heat reclamation to heat the floors.
http://www.crazyengineers.com/london...-by-mace-1475/
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Old December 18th, 2011, 03:18 AM   #3004
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Old December 18th, 2011, 05:37 AM   #3005
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Old December 19th, 2011, 01:07 AM   #3006
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Quote:
British Land appoints Mace to build Broadgate
16 December 2011 | By Joey Gardiner



Make-designed office scheme in the City thought to be worth £225m ($350 million) in total

Contractor Mace has secured the job to build the £225m Make-designed headquarters for bank UBS, which will replace part of the Broadgate complex at Liverpool Street Station.

Mace is thought to have secured the 1.2 million ft2 construction management job, set to be the largest office project in the capital, after negotiation with the owners of the current buildings, British Land and Blackstone.

When complete, 5 Broadgate will be 14 storeys high and will include four trading floors for 750 people, housing 6,000 UBS employees in total.

Mace declined to reveal the price of its contract, but Building understands that the construction cost of the whole project is likely to be in the region of £225m. As well as construction management, Mace’s contract will include the firm’s QS arm Sense being used as cost consultant.[...]
http://www.building.co.uk/news/contr...029162.article



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Former London Stock Exchange site sold for £176m

Hammerson has sold the former site of the London Stock Exchange in the City for £176m ($274m) to Kuwait's sovereign wealth fund.



The deal is a boost to the City of London property market – where about £5bn ($7.76 billion) of real estate is up for sale – because the price tag of the building is above its £165m valuation in June.

Analysts said the deal reinforces the City's appeal to overseas investors as they seek safe havens amid the eurozone debt crisis.

The LSE moved to its present base in Paternoster Square in 2004 after more than 30 years in refurbished offices at 60 Threadneedle Street, its historic home, where it oversaw the "Big Bang" and rapid growth of the City.

Hammerson bought the site in 2002 before redeveloping it into a new 214,000 sq ft office building with occupiers including Talbot Underwriting and The Toronto Dominion Bank.

David Atkins, chief executive of FTSE 100 property company Hammerson, said: "We have a clear strategy for London offices of creating high quality property through asset management and development, then recycling capital to realise value."
http://www.telegraph.co.uk/finance/n...-for-176m.html

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Old December 19th, 2011, 06:25 AM   #3007
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New Generation of London Routemaster bus is unveiled

16 December 2011 Last updated at 22:18 Help
The new Routemaster bus, with an open hop-on hop-off platform at the rear, has been unveiled in London.

Eight of the new buses will run on route 38, between Victoria Station and Hackney, from 20 February.

The prototype was built in Northern Ireland in two years after London Mayor Boris Johnson committed to it in his manifesto. The Labour Party says the buses cost £1.3m each and were a "shiny vanity project".

The bus is a hybrid.

- It is 40% more fuel efficient than conventional diesel buses.

- It is 15% more fuel efficient than the current London hybrid buses already in operation.

- It reduces nitrogen oxide emissions by 40 per cent and particulate matter by 33 per cent compared with conventional diesel buses.
http://www.bbc.co.uk/news/uk-england-london-16224605





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Old December 19th, 2011, 08:26 PM   #3008
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Quote:
Transport spending 'skewed towards London'


Crossrail is one of the biggest infrastructure investments in London

The government spends more money on transport projects for Londoners than on those for the rest of the country combined, a think tank says.

The Institute for Public Policy Research North says £2,700 is spent per person in London compared with £5 per head in the north-east of England.

In a report out this week IPPR North says there is a "sharp disparity".

The government says its investment strategy is to maximise economic benefits for the country as a whole.

The Department for Transport said London is a global capital which supports a large number of commuters and it points out the government had recently approved additional investment of £1.4bn in transport schemes outside London.

But analysis by IPPR North shows almost half of major transport projects involving public funding benefit only London and the south-east, accounting for 84% of planned spending.[...]
http://www.bbc.co.uk/news/uk-england-16235349
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Old December 19th, 2011, 08:39 PM   #3009
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The fresh Routemaster bus is plain awesome, geil
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Old December 19th, 2011, 09:35 PM   #3010
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Quote:
London authority clings to Battersea Station plans



(Reuters) - London local government officials have told the administrator to the failed Battersea Power Station redevelopment that they want plans for the site to remain unchanged, protecting the building and tens of thousands of jobs.

The Grade II listed power station's four white chimneys have been a landmark on London's skyline for decades, but plans to redevelop the site have repeatedly run aground since power production there stopped nearly 30 years ago.

On Monday, Wandsworth Council leader Ravi Govindia and three other representatives from the local authority, who must approve plans for any new power station scheme, met with lenders to the site Lloyds Banking Group (LLOY.L) and Ireland's National Asset Management Agency NAMA.L, and administrator Ernst & Young.

They urged the administrator and banks to select a buyer who would not tear up redevelopment plans designed to create up to 25,000 jobs in the wider Nine Elms district.

"It was a listening exercise on both sides but we put across the fact that we don't want to see all the work done over the years scuppered," the economic development officer at Wandsworth Council, Mike Brook, told Reuters after the meeting at Ernst & Young's London offices.

The latest project foundered when Lloyds and NAMA put four companies -- all units of Battersea Powerstation Shareholder Vehicle Ltd -- linked to the site into administration on December 12 over 325 million pounds of debt.

BPSSV majority owner Real Estate Opportunities' (REO.L) 5.5 billion pounds office, housing and retail scheme for the power station aimed to create 15,000 jobs as part of a 10.1 million sq ft project that relied on extending the Northern Line tube to Battersea.

"No assurances were given but in drawing up their shortlist to sell the site they'd want to know there was a valid way forward," said Brook, who attended the meeting. "The key elements are job creation, the Northern Line extension and the retention of its iconic status."

RED-TAPE NIGHTMARE

Despite the desire to keep the building intact, developers told Reuters that demolishing the brick edifice, which would require UK government approval, would make any future development more financially viable.

"It's an ugly site that developers would ideally want to knock down as it will crumble in 10 years anyway," the chief executive of one FTSE-listed developer told Reuters. "I can't see the protection lobby allowing that to happen though."

Another source close to the scheme told Reuters on condition of anonymity that, the "biggest problem on the power station site has always been the power station."

However, changing the power station redevelopment plans would likely prove an obstacle to developers.

Minor alterations to the existing consent could take at least a year to work through, while material changes could take three-plus years before redevelopment work started on the crumbling site, planning experts told Reuters.

UK property developers British Land (BLND.L), Capital & Counties (CAPCC.L) and Development Securities (DSC.L) have been linked to the scheme, as well as sovereign wealth funds and Malaysian property company SP Setia (SETI.KL).

Chelsea Football Club owner Roman Abramovich was also eyeing the site as a possible new home, though property industry sources said the protracted planning process that a radically new scheme would entail counted against him.

Brook said administrators would move quickly to appoint an agent to sell the site as part of an "open and transparent sale process".

Previous failed plans for the site include a fairground, a base for circus act Cirque du Soleil and a scheme that included a restaurant table at the top of one of the chimneys.

In 1987, John Broome, a businessman close to then Prime Minister Margaret Thatcher bought the site for 1.5 million and removed the roof before selling it on to a Hong Kong developer.
http://www.reuters.com/article/2011/...7BI03P20111219
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Old December 20th, 2011, 01:55 AM   #3011
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The new routemasters do look the part, at first the headlights looked a little alien but they've grown on me. I'd like to see some interior shots, I know the latest Autocar issue showed some interior shots from the inside and to be honest, the outside looks better than the inside!
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Old December 20th, 2011, 02:34 AM   #3012
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Fantastic design of the new buses! How many are there currently driving around of them? And are they going to replace all buses?
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Old December 20th, 2011, 05:26 AM   #3013
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^

Quote:
London mayor Boris Johnson said the new Routemaster buses, which will come into service next year, were a "marvel of technology". The new buses will be 15 per cent more fuel-efficient than existing hybrid buses, and 40 per cent more efficient than conventional double-deckers, as well as much quieter. GPS technology will allow them to switch to electric power in traffic hotspots such as Oxford street, improving air quality in congested areas.Able to carry 87 people - 62 sitting and 25 standing - the new Routemaster will have a similar capacity to a conventional double-decker. Eight of the new buses will run on route 38, between Victoria Station and Hackney, from 20 February 2012, with the full fleet of 30 to 40 in service by 2013. The buses cost £1.3m each and were a "shiny vanity project".

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Old December 20th, 2011, 03:08 PM   #3014
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I'm reposting this from the UK forum...
Quote:
Originally Posted by wawd View Post
first cable car tower completed:


from londonist
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Old December 20th, 2011, 03:23 PM   #3015
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The Cablecar project is great. The cabins are shit though
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Old December 20th, 2011, 07:47 PM   #3016
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The Place

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Last edited by SO143; December 20th, 2011 at 10:32 PM.
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Old December 21st, 2011, 03:57 AM   #3017
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Irish property developers' grand vision for Battersea power station left in ruins

Tycoons Johnny Ronan and Richard Barrett bought London's derelict landmark five years ago with plans for a £5.5bn revamp



The flamboyant Irish property tycoon Johnny Ronan and his business partner Richard Barrett have kept a low profile since their £5.5bn plan to revamp Battersea Power Station ignominiously collapsed into administration last week.

They bought the 16-hectare site with the derelict London landmark, Europe's biggest brick building, which has stood empty since it was decommissioned 28 years ago, for £400m in 2006. Five years later, their Real Estate Opportunities (REO) vehicle had run up debts of more than £500m and still not found an investor for the south-west London site.
http://www.guardian.co.uk/business/2...?newsfeed=true





Quote:
Balfour wins £65m London Bath House office job



Balfour Beatty Construction has been confirmed as the main contractor for the big Bath House office building project on Holborn Viaduct in London.

Construction information specialist Glenigan has confirmed that the contractor has secured the job after taking the basement and substructure package several months ago.

The builder beat rival bids from Bam Construct and Sir Robert McAlpine to take the 210,000 sq ft office development.

Private developer Favermead was forced to put the project on hold in 2007, but dusted off the plans which were drawn up by architect Kohn Pedersen Fox a year ago when the London office market started to stir.

Since then Axa Insurance was brought on board to jointly develop the office.

A key component of the redevelopment of 60 Holborn Viaduct is the rebuilding, in traditional materials, of the Gate House at the north east corner of the Farringdon Road – Holborn Viaduct junction.

The new Gate House will complete the existing set of three structures that were originally erected as a grand gesture during Victorian times.
http://www.constructionenquirer.com/...se-office-job/
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Old December 21st, 2011, 04:01 AM   #3018
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High Line Landscape Architect Tapped to Build an Olympic Labyrinth for the London Games



The verdict is in: after launching a design competition in July for London’s forthcoming 50-acre Olympic Park, the Olympic Park Legacy Company has announced James Corner Field Operations and erect architecture as the winners.

James Corner, the New York-based landscape architect, put himself on the map after designing the celebrated and oft-copied High Line park. His other notable work is Freshkills Park, the former Staten Island landfill the borough will, with Corner’s help over the next 30 years, reclaim as a recreation area that will be twice the size of Central Park.

He's bringing his landscaping expertise to the Olympic Park's south end between the Olympic Stadium, the Aquatics Centre, and the park's centerpiece, the Anish Kapoor and Cecil Balmond-designed ArcelorMittal Orbit sculpture, a mammoth work of red, twisting tubular steel. He’ll be planting a hedge labyrinth (exciting!), event lawn, and outdoor theater along a tree-lined promenade.[.....]
http://artinfo.com/news/story/753844...e-london-games
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Old December 21st, 2011, 09:45 AM   #3019
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150 Stratford High Street

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Old December 21st, 2011, 09:49 AM   #3020
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Aerial view of the Olympic park, taken on December 16, 2011.

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