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Old February 16th, 2013, 07:31 PM   #5621
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London Overground train capacity to increase

Transport for London is increasing the capacity of the London Overground by 25 per cent in response to increased demand for the service.

Mayor Boris Johnson said five car trains would be introduced due to the success of the line which was completed at the end of 2012 with the link from Surrey Quays to Clapham Junction.

As well as the delivery of 57 new carriages the £320 million improvement programme will also see longer platforms.

Mayor Johnson said: "Passenger numbers on our London Overground services have been going through the roof, but this important programme of investment will enable us to provide the extra carriages required for Londoners to take advantage of what has become the most popular suburban railway in the country."

The service was launched in 2007. The East London Line then became part of the network in 2010 and the Orbital was completed in December.

By the end of last year 120 million passengers had been carried.

The increased capacity also responds to a predicted 810,000 new residents moving into London by 2021.

TfL is in negotiations on when delivery of the new carriages will take place but infrastructure improvements are hoped to start as early as next month.

Each of the new carriage will carry 150 passengers.

http://www.wharf.co.uk/2013/02/londo...in-capaci.html
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Old February 16th, 2013, 11:41 PM   #5622
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Canadians bag a £265m ($415m) City trophy Woolgate Exchange

One of the City’s trophy buildings today changed hands for £265 million as a major Canadian pension fund stepped up its push into the London property market.

Ivanhoe Cambridge, in a joint venture with private equity firm TPG, has snapped up the Woolgate Exchange in the heart of the Square Mile near the Bank of England. Ivanhoe — Canada’s second biggest pension fund — has now spent £400 million in London in the past year.

The Basinghall Street building is currently 100% leased to Portigon, formerly known as German bank West LB, with other sub-tenants including Investec Asset Management and law firm Sidley Austin. The sale comes after attempts to sell it to a Malaysian sovereign wealth fund failed last April. The building was bought by Irish investors D2 Private in 2006 but receivers took control of it a year ago. TPG paved the way for today’s deal by acquiring loans held against the building by the Irish Bank Resolution Corporation last year.

http://www.standard.co.uk/business/b...e-8469696.html

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Old February 18th, 2013, 12:29 PM   #5623
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They tried to buy that a few years ago but pulled out. Seems they tried again!
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Old February 18th, 2013, 03:22 PM   #5624
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Scroll >>

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City of London by JonoHub, on Flickr
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Old February 18th, 2013, 03:50 PM   #5625
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Lovely shot!
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Old February 20th, 2013, 03:27 AM   #5626
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25 Churchill Place

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View of Canary Wharf from Greenwich Park by Megashorts, on Flickr

Last edited by desertpunk; February 21st, 2013 at 12:52 PM. Reason: fix image
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Old February 21st, 2013, 02:52 AM   #5627
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great shots of the city cluster

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London's skyscrapers by twilight by JB Raw Images, on Flickr

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London's skyscrapers by night #2 by JB Raw Images, on Flickr
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Old February 21st, 2013, 02:56 AM   #5628
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Queen’s Crown Estate Seeks U.S. Investors for London Development

Britain’s Crown Estate, the property company that generates income for Queen Elizabeth II, is seeking investors from the U.S., Canada and Australia to fund the redevelopment of real estate in London’s West End.

The company wants to revamp two buildings in St. James’s Market into offices and shops, spokesman Mike Norris said by phone. The project will require around 320 million pounds ($507 million) of investment and will create 19,500 square meters (210,000 square feet) of offices and 4,650 square meters of shops, he said.

[...]

http://www.bloomberg.com/news/2013-0...velopment.html
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Old February 21st, 2013, 04:41 AM   #5629
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The Magic Roundabout: Can Tech City build a start-up paradise?



The Tech City Investment Organisation is spending £50m on a four-year project to regenerate the area around London's Old Street roundabout. Can it inspire the start-up scene?

At the Techspace co-working office in the heart of London's Shoreditch district, the Tech City Investment Organisation (TCIO) is contemplating the best way to spend the £50m that the UK government has pledged to regenerate the chaotic Old Street Roundabout over the next four years.

The TCIO team of 12 will be responsible for orchestrating the project alongside the Greater London Authority and Transport for London, after the pair pledged £25m between them to match the investment made by the UK Treasury.

The area will look completely different when it is finished in 2017, according to the deputy CEO of the TCIO, Benjamin Southworth. There is a lot of scope to develop both the interior and exterior of the roundabout, in addition to the surrounding area, he told ZDNet.

While the team are busy drawing up plans on how to spend the money, it is clear that a chunk of the £50m will be spent on creating Europe's largest civic space somewhere on the roundabout's perimeter.

"It will be a place for start-up companies and the local community to come together and become the next generation of entrepreneurs," said prime minister David Cameron in reference to the civic space when he announced the Tech City funding last December.

The civic space will include a 400-seater auditorium that will host everything from TED-style talks to Pascal programming lessons. There will also be communal labs, workspaces and high-speed broadband.

Once up and running, it is hoped that the centre will be able to support around 200 start-ups per year, help 1,000 young people find skilled employment, and host two major international conferences for the creative and tech industries every year.

Why Old Street?
While Old Street Roundabout may feel like nothing more than a congested, dirty traffic thoroughfare, there is actually something of merit going on here. Amid the chaos is a close-knit network of well-organised tech start-ups, hoping to find success on the Shoreditch diet of coffee and craft beer.

"Everyone is collaborating or communicating with each other," said Southworth.

But where is Tech City? It expands well beyond the Old Street Roundabout and encompasses at least 1,320 companies, according to the Tech City Map. "We take it from King's Cross in the west to Stratford in the east and then all the way down to Greenwich in the south. We've never really picked a northern border. It's roughly nine square miles," explained Southworth.

The start-ups in the area are served by several co-working spaces that offer low rents, flexible working space, and that all-important collaborative environment.

Indeed, Google has its very own co-working space in the form of the Google Campus, but there are others scattered around the area, such as Tech Hub and The Trampery. However, demand for co-working space is high in Tech City and many of the facilities are already at capacity.

Southworth revealed that there will be an additional seven or eight co-working spaces opening over the next two years to cater for those start-ups that have struggled to move into a co-working space.

Tech City inspiration
The obvious tech haven to draw comparison to is California's Silicon Valley — but at 140 square miles and 50 years old it is unfair to compare Silicon Valley to Tech City, according to Southworth. "The Valley is a very unique place and state of mind that I'm not sure we can replicate and something I'm not sure I want to anyway," he said.

"However, if we could include the same square footage and acreage [as Silicon Valley], then we would be able to loop in Reading, Cambridge and Oxford, where we can very quickly point to huge successes, such as $20bn ARM and Eben Upton's Raspberry Pi."

While London may not be Silicon Valley, it was the only European city to feature on a list of the top 10 start-up cities, based on research by Startup Genome and Telefonica (PDF). Other countries across the world with a vibrant start-up scene include Israel, Poland, Sweden, Estonia, and Germany.

Measure of success
But how can the TCIO turn this thriving pocket of London into an even bigger beast and how does one go about measuring progress?

"The metric of success will be around company creation and job creation," said Southworth, pointing out that 35 percent of 18-35 year olds in neighbouring Hackney are unemployed. "If we could save £25m on job seekers' allowance in the local area, then that would be a great return. If we could increase social mobility, that would be a great thing."
http://www.zdnet.com/uk/the-magic-ro...se-7000011177/
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Old February 21st, 2013, 11:36 AM   #5630
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London is way too expensive for truly creative and innovative startups...
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Old February 21st, 2013, 02:57 PM   #5631
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It will certainly be interesting to see what happens - if all works out, it'll really help London's growth!
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Old February 21st, 2013, 04:01 PM   #5632
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Originally Posted by erbse View Post
London is way too expensive for truly creative and innovative startups...

Rubbish. There are plenty of affordable low rent areas. The problem has always been in the past that the government haven't given funding to start ups.

They are now.
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Old February 21st, 2013, 08:03 PM   #5633
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London and the london youth entrepreneur should already be lucky that the city of London and government do really care for them.

In France and in the case of Paris, we have a mayor who only like things about culture (which is good in some way) but absolutly not in business.

In France, our governement (the president) hates people who likes challenge, who want to do smth of their life by creating a business.

In Paris, the employement rate is high, most people wanna be rich, but oppositly hates people who create wealth...

Find the error...

London has positive support, while Paris (and french government) would almost enjoy seeing 'the bad youth who wanna live a FREE life and create a business, fail or collapse... There is a French enjoyement of seeing people failing to confort them in their mediocrity...

Indeed, the major goal of France is almost to come back to a French communism... :-(

As a french young & qualify enough man, I am thinking deeply to move to London!
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Old February 22nd, 2013, 01:31 AM   #5634
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Your English is atrocious
Really? Et tu parlez couramment le francais? His English is perfectly understandable, lets get back to the topic. 합시다
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Old February 22nd, 2013, 01:47 AM   #5635
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Rejigged Convoys Wharf Exhibition

The British public will soon get a chance to have a first look at the latest plans for Convoys Wharf, a scheme that promises to be another Thames-side development in eastern London.

The proposal was previously designed by Aedas who came up with a masterplan for the 18.6 hectare site that included a trio number of towers effectively building on Roger's previous work, plus the regeneration of the historic wharf that sites in the heart of the site.

The project however received substantial criticism from both English Heritage and Lewisham Council, who along with many locals were not happy at the scale and scope of the scheme. Terry Farrell, whose firm has built up a reputation for doing sympathetic redesigns, was brought in to redraft the scheme and these new masterplan proposals will be unveiled to the public at a new public exhibition on the Thursday the 28th of February and Saturday the 2nd of March.

Needless to say, members of the design and development team will be present to answer any queries, and the public will be invited to give their opinion on the project.

The first exhibition will take place at the Charlotte Turner School, Benbow Street, SE8 3HD between 3pm and 9pm, with the second being held between 10am and 3pm in the Red Room of the Albany, Douglas Way, SE8 AG.



http://www.skyscrapernews.com/news.php?ref=3254
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Old February 22nd, 2013, 01:52 AM   #5636
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Debenhams Store To Ripple In The Wind

One of the largest department stores on Oxford Street, Debenhams, is finally getting a complete refit that will not only kit out it's interior to the latest standards but also see the lumpen post war design dropped for something more futuristic.

Penned by Archial, the exterior of the project will be stripped with a new glazed façade added that has had the input of Ned Kahn, a sculptor who specialises in wind and the fluid mechanics that can be exploited to create motion in his work.

Projecting over the shop, except on the corner areas that will reveal transparent glass, and animate the exterior with shoppers doing their business, will be a metallic grill consisting of thousands of small aluminium panels that are actually designed to respond physically to the wind by changing position. The end result should be an exterior that literally flutters in the wind. At night the façade will be illuminated creating a subtle display of light.

The upper floors step back, whilst the ground floor with its traditional shop frontage will remain where it is, recessed under the new external façade.
The biggest change to the interior will be the vacation of the upper floor by Debenhams corporate wing who presently use it as their headquarters, made possible by the firm moving to British Land's Regent's Place where they are taking approximately 17,000 square metres. The overhaul has been scheduled so that they will be able to keep trading throughout the renovation.

The 20,000 square metre project is being led by British Land who own the site, and are out to modernise their prime retail portfolio.



http://www.skyscrapernews.com/news.php?ref=3253
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Old February 22nd, 2013, 02:04 AM   #5637
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Convoys Wharf looks amazing in that picture, curse English Heritage for standing in the way yet again, if they had thier way London would stay as it is now forever!!!!!
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Old February 22nd, 2013, 12:32 PM   #5638
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Yeah I hope they don't sacrifice in height too much... Although the designs are slightly ... Boring. Perhaps a more organic look might be more interesting
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Old February 22nd, 2013, 01:55 PM   #5639
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http://btlondon2012.co.uk/pano.html realy nice giga pic.
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Old February 22nd, 2013, 03:19 PM   #5640
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massive
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