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Old April 8th, 2012, 02:21 AM   #3601
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Park Plaza

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Old April 8th, 2012, 02:23 AM   #3602
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U/C buildings (new development)

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Old April 8th, 2012, 02:26 AM   #3603
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Kensington Palace Opens after Major Renovation



The Queen lives at Buckingham Palace so why do we have another palace in London? We actually have a fine selection of royal buildings across the country and Kensington Palace has been the home to many royals including Diana, Princess of Wales. William and Kate are moving into apartments here in 2013 and there are many other ‘minor royals’ who call this home.

There was a long time in the building’s history when it was left empty and fell into disrepair. Historic Royal Palaces are now custodians for Kensington Palace and other great royal buildings such as the Tower of London and Hampton Court Palace and they are a charity so receive no government funding but see one of their key roles as Guardianship – giving these palaces a future as long and valuable as their past. To ensure Kensington Palace has this bright future they have just completed a £12 million renovation project that has transformed this tired building into a welcoming attraction.
http://www.anglotopia.net/anglophili...ts-on-display/
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Old April 8th, 2012, 03:17 AM   #3604
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Wow... That's what a I call a train station! Quite an improvemet, uh?
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Old April 8th, 2012, 03:27 AM   #3605
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Lots of activity going on here. Good to know. Good for London.
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Old April 8th, 2012, 12:38 PM   #3606
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Westfield furious at setback for Croydon centre bid


Croydon calling: Stratford City owner is fighting over the right to develop a shopping centre in Croydon

Australian developer Westfield came out fighting today as its battle to build a third major shopping centre in London threatened to descend into a bitter legal row.

Westfield, which already has huge shopping centres in White City and Stratford, had been planning to transform Croydon’s ageing Whitgift centre into its third major retail destination in the capital.

It struck a deal with the Whitgift Foundation, which owns the freehold to the centre and 25% of the leasehold, last November.

London mayor Boris Johnson endorsed the decision at the time, saying he was “delighted” by Westfield’s decision to commit to Croydon.

But Whitgift’s two fellow leaseholders, Royal London Asset Management and Irish Bank Resolution Corporation — the now-nationalised lender Anglo Irish Bank — apparently scuppered Westfield’s plans yesterday by choosing rival and Brent Cross shopping centre owner Hammerson as its preferred developer.

Westfield’s European managing director Michael Gutman hinted at a legal battle over the prized south London centre today as he talked of the developer’s “binding agreement” with Whitgift.

He said: “Westfield remains determined to work with the owners and local authorities to help create a town centre that the people of Croydon and surrounds can be truly proud of.

“We have the skills, the funding, the resources and the track record to make this project a success. We recognise Croydon as an ideal candidate for regeneration and, through our binding agreement with the Whitgift Foundation, we are committed to taking this important project forward.”

Sources close to the row said Hammerson, which also owns Croydon’s Centrale shopping centre, had been hoping to submit a planning application early next year. “The three leaseholders urgently need to get around the table and sort this out,” one said.

Whitgift’s Martin Corney has rejected the decision as “inexplicable” and warned “it will not deliver the much-needed widespread regeneration of Croydon”. He also claimed the foundation had been excluded from the selection process which chose Hammerson.

Another blow

The row over the redevelopment of Croydon’s Whitgift shopping centre is another blow to a south London borough which has already been hit this year by the planned departure of confectionery giant Nestlé at a cost of some 2000 jobs.

The Whitgift, which opened in 1970, lost its crown as the largest covered shopping centre in London to Westfield’s White City scheme in 2008, but is due to be expanded as part of Croydon Vision 2020 when the impasse is resolved.

Hammerson bought Croydon’s Centrale shopping centre last year. Plans for yet another centre in the borough, Minerva’s Park Place, foundered in the credit crunch.
http://www.thisislondon.co.uk/busine...d-7614939.html
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Old April 8th, 2012, 12:41 PM   #3607
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Westfield’s £1billion wow factor sends property prices soaring

The Westfield shopping centre in having an explosive impact on the property market in Shepherd’s Bush.

Estate agents say the £1billion-a-year shopping mall, where stores include Prada, Gucci and Louis Vuitton, has transformed the image of an area where the best-known location was once Oil Drum Lane, the base of TV rag and bone men Steptoe and Son.

W12 saw some of the fastest rising asking prices in London last year, up 11.6 per cent to £545 per sq ft.

The rate of increase puts it not far behind Kensington W8 and Chelsea SW3. Research by Hamptons International shows that the biggest increase in asking prices came in W8, where they went up 14.8 per cent from £1,249 per sq ft to £1,467.

This was followed by the WD3 postcode on the rural fringes of north- west London near Rickmansworth, the E14 Canary Wharf financial district on the Isle of Dogs and SW3. The research suggests that the “Westfield effect” has had a bigger impact on prices than the “Olympic effect” around the main sites of the Games in east London.

A study from Lloyds TSB has shown that only two of the 14 postcodes closest to the Olympic Park — Dalston and Homerton — have experienced price rises above the London average since the Games were won in July 2005.

Shepherd’s Bush has also gained from the new transport links that were part of the Westfield development — particularly a fast Overground line to south London — and its location relatively close to central London.

The rise means prices in “the Bush” have overtaken traditionally smarter areas such as Clapham and is hard on the heels of Dulwich.

Simon Waller, sales manager at Winkworth in Shepherd’s Bush, said: “The Berlin Wall across the Shepherd’s Bush roundabout has been torn down and the good people of Holland Park and Notting Hill are targeting the Bush in a way they never would have before, particularly for family homes.”

Hamptons International head of research, Adam Challis, said: “W12 is on the edge of very high value areas but represents much more property for a given budget.”

The study showed that London’s least expensive postcodes are TW19 (Wraysbury near Staines), SE28 Thamesmead, BR1 Bromley, RM7 Romford and SE12 Lee.
http://www.thisislondon.co.uk/news/w...g-7618257.html
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Old April 8th, 2012, 12:46 PM   #3608
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Crown Estate Plans $630 Million Revamp on London’s Regent Street

The Crown Estate, the property company that generates income for Queen Elizabeth II, plans to spend 400 million pounds ($630 million) redeveloping an area near London’s Piccadilly Circus. The St. James’s Market project will create 245,000 square feet (22,760 square meters) of offices, shops and restaurants on Regent Street and Haymarket as well as a new public square, the company said in an e-mailed statement today. Crown Estate said it would seek planning approval for the development, with construction set to start late next year.

“The regeneration of St. James’s Market is an opportunity to revive a neglected location,” said James Cooksey, Crown Estate’s head of the district. The project is the second part of a 500 million-pound revival of the St. James’s neighborhood, which vies with Hong Kong as the world’s most expensive office market. It follows a 1 billion-pound revamp that made Regent Street one of London’s top shopping areas and helped persuade Norway’s sovereign-wealth fund to buy a 25 percent stake for 443 million pounds.

The London-based company is trying to attract higher-paying retailers and office tenants to the St. James’s leg of Regent Street, which wasn’t included in the deal with Norway. Crown Estate owns half of the real estate in St. James’s. The first phase of the renovation, the Gateway project near Piccadilly Circus, involved a 100 million-pound venture with Healthcare of Ontario Pension Plan.

Queen Elizabeth II

While the Crown Estate is one of Queen Elizabeth II’s “hereditary possessions,” she doesn’t own the company as private property. The U.K. treasury collects its earnings and, under the Sovereign Grant Act approved by lawmakers last year, provides the monarch with 15 percent of the company’s annual earnings. Profit was 230.9 million pounds for the fiscal year ended March 31, 2011. As well as the Regent Street shops, the Crown Estate also owns shopping centers, golf courses, Ascot Racecourse, parks, farms, and “virtually all the U.K.’s seabed” out to the 12- mile nautical limit, according to documents posted on the company’s website.

Farmers sold hay and straw at St. James’s Market for 200 years until it made way for a development of Regent Street in the early 19th century. As part of the project announced today, Crown Estate will provide 40,000 square feet of new residential space in other locations in St. James’s. Carlyle Group LP, a Washington-based private-equity firm, last month bought a property next to St. James’s Palace in central London from the Crown Estate for 36.5 million pounds and said it plans to build luxury apartments.
http://www.bloomberg.com/news/2012-0...nt-street.html
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Old April 8th, 2012, 12:47 PM   #3609
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Amazon company to move into Tech City, Silicon Roundabout



Pushbutton TV, a company acquired by Amazon in July last year, will move in to London's Tech City, the area affectionately known as 'Silicon Roundabout' and which is intended to hothouse IT startup talent.

According to a report in the Independent, Amazon will move Pushbutton into a 50,000 square foot office among the throng of fast-growing technology startups near Old Street.

One of those startups is business information resource levelbusiness.com. Chris Downs, co-founder of the firm explained that many of the area's small businesses are unhappy at the prospect of corporate behemoths entering the zone.

"When I hear conversations about bringing large firms like Facebook and Google to the area, I worry it would make [the area] something very different," he said.

"It would be the land of big corporates, not the startup corner. They'll force the prices up and we'll have to go somewhere else."

Recruiting staff with the right skills is another area of concern for Downs, and another reason to keep large corporations away.

"It's really hard to recruit talent at the moment, especially in technology.

We're already losing brilliant talent to Google and Facebook. We were working with a professor in data analytics and the project ended because he got snapped up by Google."
http://www.computing.co.uk/ctg/news/...pany-tech-city
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Old April 8th, 2012, 12:51 PM   #3610
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Silicon Milkroundabout event has 800 jobs on offer

On the weekend of 26-27 May, 105 tech start-up firms will come together to offer over 800 jobs at the third Silicon Milkroundabout event – a collaboration between jobs board Milkround and tech enterprise zone Silicon Roundabout.

The first event was held in May last year, with another in October attended by 1,500 jobseekers – with this later event seeing start-ups save “more than £2m in recruitment fees” as a result, according to the organisers.

The events are the creation of Pete Smith and Ian Hogarth, music industry website and online service Songkick co-founders, who hope to attract 3,000 people this year.

Hogarth says that the start-ups are attempting to hit back at a time when large corporate organisations have been perfecting their graduate recruitment techniques for years.

He explains: “Because all the start-ups are working together on this, we’re able to present a career category to people – ‘working for a start-up’ – and having one voice means that when great people are figuring out their next career move, we are considered alongside established options like ‘working for a bank’, ‘working for an ad agency’, ‘freelancing’ or ‘working for Google or Facebook’.”
http://www.recruiter.co.uk/news/2012...jobs-on-offer/
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Old April 8th, 2012, 12:52 PM   #3611
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Canary Wharf aims to emulate Silicon Roundabout success

Developers at Canary Wharf in London are keen to copy the success of Shoreditch's Silicon Roundabout, and are taking steps to motivate IT companies to set up business there.

Canary Wharf Group secretary John Garwood the area was a "natural fit" for IT companies, and that that the presence of so many financial institutions would aid with funding.

"We think that's a unique selling point," he was reported in the Financial Times as saying.

It is expected that media and telecoms firms will accompany technology businesses in setting up in the area.

Wood Wharf, a site next to the main Canary Wharf area, is a key candidate for IT developments, the newspaper reported. The site will also contain homes and shops, as well as a hotel.
http://www.sourcingfocus.com/site/newsitem/5206/
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Old April 8th, 2012, 02:47 PM   #3612
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Ha, blatant opportunism that misses the point somewhat.

Small tech and creative companies first started appearing in the Old Street area in the late 90s. It's not the overnight success story of popular conception. They were attracted by cheap rents, the availability of quirky ex-industrial spaces and (more recently) the creative buzz of the area.

I just don't see any of the same traits in Canary Wharf. I think it would be more likely to appeal to more traditional IT firms (the type that can be found in the 'Silicon Ditch' area to the west of London) rather than taking potential business away from Old Street.
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Old April 8th, 2012, 03:01 PM   #3613
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i don't know why this guy came in and wrote a comment like that lol
Think a little guys, if America attacks Iran, Russia, China and the Arab countries will boycott the Olympics and the whole business would suffer.
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Old April 8th, 2012, 03:14 PM   #3614
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why would those countries boycott the olympics if iran is attacked by america? london is not the capital city of the united states, isn't it?
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Old April 8th, 2012, 05:32 PM   #3615
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He said: “Westfield remains determined to work with the owners and local authorities to help create a town centre that the people of Croydon and surrounds can be truly proud of."
http://www.thisislondon.co.uk/busine...d-7614939.html
He said: “Westfield remains determined to work with the owners and local authorities to make ourselves a shitload more money."
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Old April 8th, 2012, 05:54 PM   #3616
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Old April 8th, 2012, 07:13 PM   #3617
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London cable cars that will transport people to the Games in style

London has a brand new traffic-calming measure - and as these pictures show, it's a project of Olympic proportions.

These 300ft white pillars are part of a sleek new cable car system which will ferry Olympics spectators over the River Thames between the two Games venues.

Gondolas will glide over cables suspended between the futuristic towers, which link the 02 Arena on the south bank of the Thames to the ExCel exhibition centre in east London.


Landmark: The cable car will give stunning views across London


The sky's the limit: The Thames cable cars will carry thousands of spectators across the river between the two Olympics venues


The O2 will host events including the gymnastics and basketball finals, while the ExCel centre features seven Olympic events and six Paralympic sports.

Up to 34 gondolas will run across the river, each carrying a maximum of 10 passengers.

Transport for London (TfL) hopes that up to 2,500 people will use the cable cars every hour - the equivalent of 40 buses.

As well as reducing pressure on the capital's road system, the gondolas will offer tourists and commuters panoramic views over the London skyline.

The consortium of builders behind the project has been led by contractor Mace, whose past projects include the London Eye and the Shard, the iconic pyramid-shaped skyscraper under construction near London's Tower Bridge.

Though they bridge a gap just two thirds of a mile wide, the cable cars have cost an eyewatering £60m to build.

The cost of the project was estimated at around £25m last year, and it was intended to be funded entirely by private investors.

Despite a 10-year sponsorship deal with the Dubai-based airline Emirates, worth £36m, the cable cars will now have to be financed with public money.

Ken Livingstone, Labour's candidate for the London Mayoral Election, has slammed the costly project as 'the most expensive cable car in history'.

However, TfL hopes the unusual transport system will prove its usefulness long after the Games, carrying up to two million people a year.

Mayor of London Boris Johnson is an enthusiastic supporter of the cable cars, and described them as 'enthusiastic and innovative'.

Speaking in 2010 when the plans were first unveiled, the Mayor said: 'A cable car spanning the majestic Thames would not only provide a unique and pioneering addition to London's skyline, but also offer a serene and joyful journey across the river.

'Passengers would be able to drink in the truly spectacular views of the Olympic Park and iconic London landmarks whilst shaving valuable minutes from their travelling time.

'It would also provide a much needed enhancement of cross river options to the east of the city.'

The crossing will bring London in line with other major cities which use cable cars for transport, including Barcelona, Cologne, Lisbon and New York.

It is not yet known what a trip on the cable car will cost, but TfL has said it will definitely be payable by Oyster, the pay-as-you go card which already functions on London buses, underground trains and the Docklands Light Railway.
http://www.dailymail.co.uk/news/arti...#ixzz1rSxRHXs2
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Old April 9th, 2012, 03:24 AM   #3618
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Thameslink Bridge

(This new bridge won't apparently be used by trains until 2016)

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by Danny McL
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Old April 9th, 2012, 03:27 AM   #3619
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by cybertect

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Borough Market: New Market Hall

Following the construction of the Thameslink 2000 bridge and viaduct, a new market hall is being built on the corner of Borough High Street and Bedale Street, London SE1.

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by cybertect, on Flickr
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Old April 9th, 2012, 02:32 PM   #3620
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One Tower Bridge progress by cybertect

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