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Old October 2nd, 2012, 02:24 PM   #4661
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Canary Wharf to create hub for financial tech start-ups

(Reuters) - London's Canary Wharf business district, home to global banks HSBC, Barclays and Citigroup, wants to attract entrepreneurs with a new centre for technology start-ups focused on financial services.

Canary Wharf Group, the owner of the estate, said it was dedicating a floor of One Canada Square tower, the district's emblematic skyscraper, to give start-ups space to grow, as well as access to new customers, partners, talent and investment.

http://uk.reuters.com/article/2012/1...8900SS20121001
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Old October 2nd, 2012, 02:25 PM   #4662
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London Developers Shift to Residential


Apartments in Embassy Gardens, in Central London, are selling for £1,000 per square foot.

In London, two major developers are making progress on big new housing projects, as some key players switch their focus to residential property.

The city's houses and apartments have always been popular with investors, but with foreign buyers swamping the market and finance for development still tight, lack of supply is boosting prices.

Canary Wharf Group, owner and developer of the Canary Wharf financial district, is planning three new projects totaling six million square feet: the 500-apartment Newfoundland Tower in the Canary Wharf estate; the nearby Wood Wharf "mini-city"; and the 800,000-square-foot Shell Center south of the Thames River. The latter, a joint venture with developer Qatari Diar, will include 800 flats.

Separately, Ballymore Group is starting this month to sell apartments in the second building on the Embassy Gardens site, a large section of the £10 billion ($16.2 billion) redevelopment of London's Nine Elms district. It has already sold 290 flats in the first, 314-flat building on the estate.

"There are two drivers which make it compelling for us to look at residential development: high demand in London and there is value in residential development," says John Garwood, group company secretary at Canary Wharf Group.

Canary Wharf Group could more than double the size of its portfolio in the next 10 years, says John Lutzius, managing director of real-estate-research company Green Street Advisors. He adds that "current development economics in Central London appear to favor residential over office."



It isn't clear how profitable the developments will be for Canary Wharf, as homes cost more to build than offices, but the shift toward residential will likely add value to the company, Mr. Lutzius says.

With a growing population and tight supply, the demand for apartments in London is high. At the same time, businesses are continuing to cut staff and curb expansion plans, so appetite for offices has weakened.

While house prices in England and Wales rose 0.3% in the year ending in July, they rose 6.5% in London over the same period and by 10% in prime Central London between September 2011 and September 2012, according to property agent Knight Frank.

[...]

http://online.wsj.com/article/SB1000...412189774.html
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Old October 2nd, 2012, 02:41 PM   #4663
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another highrise growing near tower bridge?

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IMG_9533 by Lumberjack_London, on Flickr
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Old October 2nd, 2012, 02:42 PM   #4664
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Leadenhall Tower & The City

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IMG_9774_DL by Lumberjack_London, on Flickr

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IMG_9690 by Lumberjack_London, on Flickr

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IMG_9756_DL by Lumberjack_London, on Flickr
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Old October 2nd, 2012, 04:00 PM   #4665
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Sheppard Robson Plan Huge Mixed Scheme



The planning system in the City of London is currently processing an application for the redevelopment of an area around Bartholomew Close that includes the demolition of Gloucester House and some of St Bartholomew's Hospital buildings, the retention of a number of historic buildings, and the construction of both residential and office space.

With a height of about 55 metres above ground and 27,415 square metres of office space, Building A will be situated in a new fully glazed office building that will be constructed on the site of Gloucester House which stands adjacent to 200 Aldersgate Street.

The main office building will have a ground floor plus 12 storeys that has been massed to fit into the viewing corridor between St Paul's Cathedral and Alexandra Palace. From this angle the scheme lies almost directly in front of the cathedral so it's been massed to be as unobtrusive as possible.

The concept the architect has employed is that of taking a single block and then cutting away parts of it to create additional space between the buildings. This includes a void over five storeys tall that expands the pedestrian route between it and Building B. It will be topped with a substantial green roof that should offer impressive views of St Paul's Cathedral.

Building B which bounds Bartholomew Close will see the existing façade retained although the roof will be demolished and a new mansard roof will be constructed in its place although the construction of 3,396 square metres of office space.

In all the plans by Sheppard Robson take in no less than 17 different plots and feature 216 new residential units, plus 32,042 square metres of office space, and new ground floor retail. The inclusion of such a relatively large amount of residential space, approaching half the total floor space, is hugely important for the City of London which has only a few thousand dwellings and shows the attempts by the corporation to try and diversify their population away from offices.

http://www.skyscrapernews.com/news.php?ref=3171
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Old October 3rd, 2012, 01:37 AM   #4666
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new glassy building u/c near tower of london and walkie talkie tower in the background

by cybertect


Last edited by SO143; October 3rd, 2012 at 01:50 AM.
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Old October 3rd, 2012, 04:26 AM   #4667
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The Walkie Talkie looks great.
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Old October 3rd, 2012, 04:45 AM   #4668
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Despite my loved for boxy buildings and 60s-80s architecture, I'm so happy that taller building near St. George's Wharf tower is planned for demolition. I hope the buildings replacing it will be prettier.
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Old October 3rd, 2012, 02:33 PM   #4669
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Green light for 32-storey London student block



North West developer Downing has gained full consent to build a student skyscraper scheme in Vauxhall, south London

The tower will be built on South Lambeth Road to house 553 student bedrooms, a gym and a 25m swimming pool which will also be open to the public.

Downing’s construction arm expects to start on site next year and to have the project finished by the end of 2015.

The site has been identified in the London Plan and Vauxhall Nine Elms Business Opportunity Area as being suitable for tall buildings.

http://www.constructionenquirer.com/...student-block/
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Old October 3rd, 2012, 02:37 PM   #4670
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Boris Launches Fund To Give A Huge Boost To The Construction Industry

The Mayor of London, Boris Johnson, has launched a £100m fund as part of a new housing deal to help thousands of working Londoners, giving a huge boost to the construction industry and ensuring that London retains its competitiveness.

To help the capital maintain its economic vitality and to meet Londoners' housing aspirations, the Mayor wants to assist the thousands of households on a range of modest incomes for whom the current housing market offers limited choice. Under the Mayor's 'Housing Covenant', the first part of which is being set out today, those who contribute to the success of the capital should expect a reasonable housing offer in return.

Bids are being invited for organisations to deliver proposals for a range of housing projects across London - including helping people to own a share in a new home - which could help to house 10,000 people who want to live in the city that they work in.

http://www.build.co.uk/construction_...?newsid=151546
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Old October 4th, 2012, 11:43 AM   #4671
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Quote:
Originally Posted by SO143 View Post
Green light for 32-storey London student block
Looks interesting.
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Old October 4th, 2012, 03:31 PM   #4672
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Indeed bro!
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Old October 4th, 2012, 11:46 PM   #4673
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Quote:
Stanhope jv to make Royal Docks splash

Stanhope and Chinese investment partner Dauphin (Advanced Business Parks) have been selected as preferred developer for the 35-acre Royal Albert Docks site in east London.

The partners have been picked ahead of shortlisted rivals MUSE Developments and Wrenbridge Land, although a formal announcement has yet to be made.

Canary Wharf had pulled out of the bidding earlier this year for the east London site after deciding to prioritise the nearby 4.8m sq ft Wood Wharf project.

That decision left six shortlisted parties still in the mix before the Greater London Authority whittled down the shortlist to three.

The other parties had been: Micro World Developments, St Modwen and Sinowest Construction Group (Mace).

The Greater London Authority has taken on the LDA’s remit for the scheme which proposes reviving long-held regeneration plans for a site previously earmarked for the proposed Royals Business Park.

A spokesperson for the mayor of London said: "Following the evaluation of bids received in August this year, the mayor is seeking to progress to the final stage of the procurement process with Advance Business Parks."

The site gained consent in 1998 from the London Docklands Development Corporation for "the development of a business park of up to 1.5m sq ft offices and up to 95,000 sq ft of supporting A1, A2, A3 and leisure uses" on the north side of the Royal Albert Dock.

Building 1000, which is now occupied by the London Borough of Newham, resulted from the planning permission and was developed by Development Securities and Standard Life Investments in partnership with the LDA.

That planning permission has now lapsed, however. The site sits to the east of the ExCel centre on the Royal Docks and close to Canary Wharf’s 12m sq ft Docklands estate and its Wood Wharf development.

...
http://www.costar.co.uk/en/assets/ne...-Docks-splash/
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Old October 5th, 2012, 03:16 PM   #4674
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more constructions in both the city and canary wharf financial districts

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Canary Wharf and City of London by Edek Giejgo, on Flickr


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Greenwich Riverside and City of London by Edek Giejgo, on Flickr
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Old October 5th, 2012, 06:26 PM   #4675
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Rubicon Court at Kings Cross has been completed







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Old October 5th, 2012, 06:32 PM   #4676
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One Tower Bridge - U/C

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Old October 5th, 2012, 11:39 PM   #4677
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Google close to £550m King's Cross deal

Google is close to completing a deal worth more than £550m to build a new UK headquarters at King’s Cross.

The investment from the American technology giant will represent a major vote of confidence in Britain and boost the Coalition’s attempts to grow the country’s technology, media and telecommunications industries.

The Sunday Telegraph revealed last year that Google was in talks about opening a 700,000 sq ft site at King’s Cross, north London, as its new UK base. Google now plans to buy the site at the King’s Cross Central development through a 999-year lease for more than £550m and is hoping to secure a deal before the US Thanksgiving holiday on November 22, Property Week reports.

The deal will be one of the largest ever occupational and investment agreements in the UK. The Google site at King’s Cross is known as Block A.

After acquiring the site, Google is likely to appoint property group Argent to develop the offices and move in around 2015. At present, Google is based in two London offices in Victoria and Soho, but wants to expand.

The King’s Cross development is one of the biggest regeneration projects in London. It includes 8m sq ft offices, shops, homes and a new base for Central Saint Martins College of Art and Design, part of the University of the Arts London. BNP Paribas is already building a new UK base at the site, while J Sainsbury has also been linked with a deal.

King’s Cross is owned by Argent, fund manager Hermes, DHL, and London & Continental Railways, from whom Google will acquire the Block A site.

It also emerged that Google has agreed a settlement with the Association of American Publishers over its plans to make books available online. The agreement allows US publishers to choose whether to participate in Google’s project.
http://www.telegraph.co.uk/finance/n...ross-deal.html
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Old October 5th, 2012, 11:47 PM   #4678
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Ontario Point

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Old October 6th, 2012, 03:58 AM   #4679
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Looking forward for the design of those Google HQ!
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Old October 6th, 2012, 08:39 AM   #4680
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