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Old April 5th, 2012, 01:17 AM   #3501
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it reminds me something of "phare tower" in Paris
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Old April 5th, 2012, 01:28 AM   #3502
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by Financial Times

Quote:
London stays top of finance league


London has railed against the raft of recent regulations from the European Union and the UK Government as it fights to maintain its reputation as a global financial hub

London has retained its position as the leading global financial centre in the face of regulatory upheaval, sluggish economic conditions and turmoil in the eurozone, research has found. The rapid rise of mainland Chinese cities as financial services hubs in recent years has also been checked, according to a survey of 1,700 finance professionals.

London, New York and Hong Kong keep their place at the head of the Global Financial Centres Index by think-tank Z/Yen Group, with London slightly ahead of the other two cities. However, ratings for Shanghai, Beijing and Shenzhen all declined.

The findings will offer a measure of reassurance over London’s enduring competitiveness amid worries over the impact of new domestic and European Union regulations as well as sporadic threats from some big UK-based institutions to move their headquarters elsewhere.

The survey ranks 77 financial centres according to factors such as market access, infrastructure and competitiveness along with other variables designed to track the changing priorities of finance professionals. Mark Yeandle, of Z/Yen, said the dip in the ranking of mainland Chinese cities raised questions over whether they were being held back by Beijing’s restrictions on trading in the renminbi.

“The respondents are becoming acutely aware of the limitations imposed by currency restrictions and for that reason they would rather deal with places like Hong Kong and Singapore than mainland Chinese centres,” he said, adding that the region would however continue to grow in importance in the long term. The finding comes after George Osborne, chancellor, signed a deal with Hong Kong in January aimed at giving London a greater role as an offshore centre in renminbi trading. The Treasury believes the City is a natural locus for expanding trade in the currency beyond Hong Kong and mainland China.
The GFCI survey, which was launched in 2007, has been led by London since its inception but Asian centres have gradually closed the gap with the leaders.

“The four big centres – London, New York, Hong Kong and Singapore – are the axis that will remain globally dominant,” said Stuart Fraser, the City of London Corporation’s policy committee chairman. Explaining London’s predominance, he said: “London slipped a little at the height of the rhetoric over the financial crisis. There was pessimism over the future of the City, therefore now we are seeing a bit of a rebound. Its strengths are clear – breadth and depth of offering, its openness to everybody and a hugely established agglomeration.”

The eurozone crisis has hit confidence in cities in weaker economies such as Dublin, Milan, Madrid, Lisbon and Athens, which slipped in the rankings for the second consecutive period. However, Frankfurt and Paris have both risen, by two and three places respectively. The survey also tackled recent developments such as the threat of a financial transactions tax in the eurozone and the splitting of retail and investment banking by regulators. Asked what impact an FTT would have on their financial centre, 73 per cent of respondents said it would reduce its competitiveness.

However, the majority were more relaxed about the splitting of banks, with 57 per cent saying forced separation in their centre would have no impact on competitiveness – although a number questioned the policy’s effectiveness.
Fears over regulation have been replaced in the minds of finance professionals by worries over personal taxation.

Asked what factor was most important for competitiveness, respondents prioritised tax over regulation – a reversal of previous findings. The 50 per cent higher rate of tax in Britain is unpopular in the City and looks set to be reduced by Mr Osborne in Wednesday’s Budget. “Personal tax is an issue [for finance workers] and the 50p rate is symbolic of it. Reducing it would send the message that the coalition is aware of the competitiveness issue,” Mr Fraser said.
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Old April 5th, 2012, 01:34 AM   #3503
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Quote:
Originally Posted by PortoNuts View Post
It's truly good news.
Quote:
Originally Posted by london lad View Post
[...]

[IMG]http://i45.************/2pydm4g.jpg[/IMG]

[...]
That is an old design. The tower has been split into two parts.


Source: SPPARC Architecture

More here or on the architect's website.
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Old April 5th, 2012, 01:37 AM   #3504
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Originally Posted by Bob! View Post
That is an old design. The tower has been split into two parts.
could you please place the tower on the map or something, so i can guess where it is going to be built and the distance from other towers etc?
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Old April 5th, 2012, 01:53 AM   #3505
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Eagle House, Hackney, U/C




by core rising


by GazKinz
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Old April 5th, 2012, 01:56 AM   #3506
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The Quill will be built at the corner of St Thomas and Weston Street.


Source: Google Maps
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Old April 5th, 2012, 05:14 AM   #3507
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Sorry, thanks for the correction.

Quote:
Originally Posted by Bob! View Post
That is an old design. The tower has been split into two parts.


Source: SPPARC Architecture

More here or on the architect's website.
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Old April 5th, 2012, 05:19 AM   #3508
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that's a sick design but is it going to be built next to the hideous looking hospital? wish it would get demolished soon
I've said countless times but I'll repeat: you can't demolish a public hospital just because you find it ugly! The best we can expect is a recladding which will hopefully happen.
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Old April 5th, 2012, 05:38 AM   #3509
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First letting of London offices in Walkie Talkie skyscraper 'close'

The London offices in the Walkie Talkie tower will soon be let out for the first time. According to CoStar News, Canary Wharf Group and Land Securities have almost reached an agreement with insurer Markel to take space at the 20 Fenchurch Street, EC3, skyscraper.

Markel is one of six potential occupiers of the 37-storey tower, but the insurer is in the most advanced talks. It is thought the firm wants to take 80,000 sq ft of London offices out of a potential 695,800 sq ft.

The insurer currently has its City headquarters at 49 Leadenhall Street, which shares the same postcode as the Walkie Talkie tower. If it did make the move, the publication said the rent would be approximately £65 per sq ft.

Designed by Rafael Vinoly, the 509 ft skyscraper is a 50 per cent joint venture between Canary Wharf Group and Land Securities. When fully completed, it will offer 14,000 sq ft of retail space and 680,000 sq ft of City offices.

Markel regeared its current lease in August 2010 in an attempt to secure additional time to find a headquarters that was more suitable for its requirements. It is due to expire in 2014, although the original agreement would have ended in 2011. Construction of the Walkie Talkie tower is scheduled for 2014.

CoStar News noted there has been a recent surge in interest in EC3 offices within the insurance sector. Royal & Sun Alliance, for example, is looking to move into as much as 130,000 sq ft of space. Leases at Plantation Place 1 and Leadenhall Court are due to expire in 2014, with the Walkie Talkie therefore a potential new home.

Liberty Mutual is also reportedly considering City offices here. Between 60,000 and 80,000 sq ft of space could be taken up following a potential move from its current base at Plantation Place South, 60 Great Tower Street.

When work started on the tower, Canary Wharf Group's chief executive officer George Iacobescu commented: "We are delighted to be able to apply our extensive high rise experience to such an iconic development. We look forward to working alongside Land Securities on this exciting project, which will be yet another step forward for London's economy.”
http://www.mellersh.co.uk/News/First...801332307.aspx
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Old April 5th, 2012, 10:47 AM   #3510
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Originally Posted by PortoNuts View Post
I've said countless times but I'll repeat: you can't demolish a public hospital just because you find it ugly! The best we can expect is a recladding which will hopefully happen.
The recladding is part of the phased Guys Hospital refurbishment works
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Old April 5th, 2012, 12:44 PM   #3511
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Quote:
Originally Posted by Bob! View Post
The Quill will be built at the corner of St Thomas and Weston Street.


Source: Google Maps
thanks i guess a mini cluster can be created around the shard, atm the only thing which i'd like to see is the guys with new cladding. the tower looks just miserable.
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Old April 5th, 2012, 01:14 PM   #3512
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Old April 5th, 2012, 01:29 PM   #3513
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Quote:
Originally Posted by cloud32 View Post

Edit: Sorry B890bt, I just realise you've said virtually the same thing
no problem i was unsure whether it was "the eye" its a pretty bland tower and could've any one of several new towers in stratford, thanks for confirming this
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Old April 5th, 2012, 01:56 PM   #3514
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Quote:
Residential skyscrapers come of age in Great Britain



STILL under construction, the Shard, a 72-storey skyscraper near London Bridge measuring 310 metres, is already the most visible building in the capital. When it is completed in April 2013, it will break another record, as the tallest inhabited building in Europe—Renzo Piano’s pointy monument will include ten flats, as well as shops, offices and a smart hotel. In Britain, tower living has long been confined to stigmatised blocks of social housing. The Shard and other new skyscrapers have made it the preserve of the super-rich.

In the 1950s and 1960s hundreds of tower blocks were built across Britain to replace bombed-out and slum housing, meant to be beacons of modernity with inside loos and central heating. But many were poorly and cheaply built. Tower blocks became symbols of all that was wrong with council housing, seen as ghettoes of deprivation, isolation and crime.

For a long time that social stigma, combined with restrictive planning rules and a powerful heritage lobby, inhibited further lofty schemes. The result is that British cities—even London, home to 13% of the population—are mostly low-rise. In the capital “high-rise” blocks of more than five storeys are surprisingly scarce. Skyscrapers are even rarer: only around 50 blocks of more than 100 metres are being built or in use.

Tower blocks are not intrinsically bad places to live, reckons Anne Power of the London School of Economics (LSE). Poor security and maintenance are easily remedied. Building technology has improved: lifts are more reliable; plumbing is good; noise insulation better; steel and glass are prettier alternatives to slab concrete.

Many people have come round to this idea. Some older social-housing blocks have been renewed. Erno Goldfinger’s Trellick Tower in west London, for example, was listed in 1998; most flats there are now privately owned, with two-bedroom homes selling for upwards of £400,000 ($635,000). There has also been a frenzy of new developments, such as the 140-metre Doon Street Tower on the South Bank and the 148-metre Strata Tower in Elephant & Castle. Glasgow, Manchester and Newcastle have modern towers too.

Demographic trends make London particularly suited to tower living. “We have no alternative but to have density in cities,” says Ms Power. The drift to the suburbs has slowed and the capital’s population is predicted to swell by a further 10% by 2031. Households are getting smaller—more folk live alone, as young people delay marriage and old people live longer. High-rise living may appeal to singletons, whereas families often shun them.

Skyscrapers, particularly swanky London ones, are also popular with overseas buyers. Foreigners have bought about half of the 200 flats sold off-plan in the Heron, a glitzy new 36-storey block in the City; two-bedroom apartments cost more than £1m. Rocketing prices for prime property in London have made such buildings viable. Residential rents have increased by more than 50% since 2002 in the West End, for example, faster than commercial rents, says Anthony Duggan of Drivers Jonas Deloitte, a property consultancy.

But London high life may soon reach its limits. Because towers take so long to plan and construct, the current crop reflect a vision up to a decade old, reckons Nick Offer of Arup, an engineering firm. Economic conditions and the scale of such projects mean that only the very brave will invest now, he says. And the political climate is no longer conducive to building new tower blocks. In 2010 the coalition scrapped the previous, Labour government’s density targets, which were designed to encourage developers to build more units. Instead it has endorsed “garden cities”, planned communities based around low-rise homes and green space—the very opposite of building communities in the sky.
http://www.economist.com/node/21552253
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Old April 5th, 2012, 01:58 PM   #3515
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London 2012: Heathrow airport unveils Olympic terminal

Heathrow has unveiled a new temporary terminal to cater for athletes and officials involved with London 2012.

The terminal has been built solely for "Games Family" departures, and will be used for the three days after the closing ceremony on 12 August.

More than 10,000 athletes and 37,000 bags will be diverted away from the other terminals during the period.

Some 80% of Olympic visitors are due at the airport, with 13 August expected to be Heathrow's busiest day ever.

Jonathan Edwards CBE, former Triple Jumper and Olympic, Commonwealth, European and World Champion, said the Olympics was the pinnacle of an athlete's career, adding: "We don't want anything to hinder their performance so it's crucial we get their whole experience, from arrival to departure, right."

Construction of the terminal - which is roughly the size of three Olympic swimming pools - began in February in an area currently used for staff car parking on the south side of the airport.

The unveiling is a contruction milestone, meaning the building is now weather-proof.

No flights will leave from the terminal, so athletes will be bussed to departure lounges.
read more http://www.bbc.co.uk/news/uk-17599477




Quote:
Balfour Beatty secures London office contract

Balfour Beatty has secured a contract to develop an office block on Chancery Lane in London, according to Construction Enquirer.

The news provider reported the £25 million project will include the demolition of existing buildings and the creation of an eight-storey commercial establishment.

Planning permission has just been granted by Westminster council to remove some of Lonsdale Chambers, but the facade on Chancery Lane must be left standing, replacing a previous permission approved in 2002.

The project is designed by GMW Architects, which has previously been responsible for a significant part of Sheffield University and terminals at JFK Airport in New York and Istanbul Airport.

More recently, it worked on the DTZ office building on 125 Old Broad Street in the City of London, where it provided a "streetscape" idea including formal gridded spaces and a relaxed layout for client-facing areas.

The current proposals will see a 140,000 sq ft office block and shops erected on the corner of Chancery Lane and Bream's Buildings, the publication noted.

Businesses in the construction sector could benefit from Sage Estimating, cost planning and post contract software, which is programmed to provide an end-to-end solution for construction projects.

Article Posted by Editorial Team. All news articles are provided by journalists from an independent News Agency - Adfero Ltd.
http://www.sageforconstruction.co.uk....aspx?aid=2941
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Old April 5th, 2012, 02:01 PM   #3516
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Start date for £500m ($800m) London Bridge station
Grant Prior | Mon 2nd April | 7:15

Construction work on the £500m redevelopment of London Bridge station will start next summer after Network Rail was awarded formal planning consent for the scheme.

Utilities diversion work in south London will start this year ahead of the five-year build programme which will be carried-out in phases.

Network Rail chiefs said the scheme will boost the local economy through the use of local construction workers and trade contractors on the Thameslink project.

Chief executive David Higgins said: “Our work will see the transformation of one of London’s oldest and highly congested railway terminus.

“The London Bridge project is a critical part of the £6bn Thameslink Programme.

“It is only by remodeling London Bridge station that we can allow the new fleet of 12-car trains to operate at a metro-frequency on the Thameslink route. The project will also cover over 46 miles of new track laid in the 4.3 mile approach to the station.

“As well as bringing a better rail service to Southwark, we hope that the construction programme itself will help support the local community.

“How we build is as important as what we build and we are committed to a number of schemes such as local employment, supply chains and community engagement as well as setting up a workplace diversity and inclusion plan.”
http://www.constructionenquirer.com/...ridge-station/








Last edited by SO143; April 5th, 2012 at 02:07 PM.
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Old April 5th, 2012, 02:11 PM   #3517
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The Place

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Old April 5th, 2012, 02:16 PM   #3518
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Quote:
Originally Posted by Bob! View Post
That is an old design. The tower has been split into two parts.

design does not look so out of date but i think it's quite short although BBC said it will be a 31 storey tall skyscraper.


by skyscrapercity

http://www.bbc.co.uk/news/uk-england-london-17569395
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Old April 5th, 2012, 02:25 PM   #3519
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thanks i guess a mini cluster can be created around the shard, atm the only thing which i'd like to see is the guys with new cladding. the tower looks just miserable.
I agree that something has to be done since the facade is in a very bad state but I think that the planned blue aluminium cladding will only make it worse, the renderings just look rubbish, Guy's will be a complete mess. In my opinion the best solution would be to clean the facade thoroughly and replace the broken panels.
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Old April 5th, 2012, 02:44 PM   #3520
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Does anyone have a render of the Guys future look?
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