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Old June 5th, 2010, 05:31 PM   #1801
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Canary Wharf has been selected as joint-partner.

Construction to start in September.

"Land Securities, the UK's largest property company, will form a joint venture with Canary Wharf Group, London's biggest modern- day developer, to build its 500ft tower on Fenchurch Street, nicknamed the "Walkie-Talkie". The company has entered into exclusive negotiations with Canary Wharf, which has built 15m sq ft of offices on its core Docklands estate since the early 1990s. Land Securities has been looking for developments in the City of London in order to diversify its business from east London. Canary Wharf has beaten a consortium of North American institutions to the deal. The construction costs of the scheme, which will be one of the City's tallest towers, will be about £350m, although the Docklands developer will also have to a share of the site value and other costs. The partners are likely to bring in development finance in future which will reduce their overall equity commitment.Canary Wharf was seen as the party most likely to sign a deal quickly, with Land Securities keen to start development as soon as possible gain a competitive advantage over the other towers being planned. The deal is hoped to be finalised early next month, which means that the partnership can begin construction in September. Canary Wharf's development expertise was also a point in its favour, against the more passive involvement of the other bidding parties. The decision to press ahead with the Walkie-Talkie is likely to be swiftly followed by similar intentions from British Land, which confirmed last month that it was considering restarting its rival skyscraper at Leadenhall Street - the "Cheesegrater". It is now also in discussions about bringing in an equity partner - a speculative tower development is seen as a higher gamble on the City office market which makes it attractive to share the risk with a partner.Land Securities shelved the Walkie -Talkie development during the credit crunch when demand for office space dropped sharply, while development finance became difficult to source.However, the past year has seen a growing shortage of good quality office space in the Square Mile given the dearth of new developments against a wave of impending lease expirations.Rents for the best office space are already rising rapidly, with the first letting s close to being agreed at the Heron Tower on Bishopsgate, one of the few new significant schemes being completed between now and 2012 alongside Hines' Cannon Street scheme and Minerva's office building, the Walbrook"





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Old June 6th, 2010, 02:14 AM   #1802
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Great news
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Old June 7th, 2010, 01:55 AM   #1803
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(Middle upload) That’s got to be the best render I’ve seen of the Walkie –Talkie.
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Old June 7th, 2010, 09:17 PM   #1804
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It is indeed great news this one is going ahead.

I'm optmistic about the cladding, it will shine like crystal.
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Old June 8th, 2010, 01:27 AM   #1805
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I hope they don’t change the design in any way. The green space at the top of the building really makes this tower special. Does anyone one what the site looks like at the moment?
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Old June 9th, 2010, 07:52 PM   #1806
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Quote:
Originally Posted by scalatrava89 View Post
Does anyone one what the site looks like at the moment?
There are a few recent pictures here:

http://www.skyscrapercity.com/showpo...&postcount=462

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Old June 9th, 2010, 08:04 PM   #1807
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http://www.20fenchurchstreet.co.uk/

There are three webcams on the official website, but not sure which are fully working.
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Old June 11th, 2010, 08:50 PM   #1808
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Helical Bar Buys Mitre Square



Helical Bar has taken full ownership of the site for the approved Mitre Square development in the City of London with the purchase of the freehold of the site from Ansbacher and Co. Atlhough already developing an office project, Helical Bar did not own the freehold.

The 79.67 metre tall Sheppard Robson designed office proposal originally surfaced in 2003 and has been in extended hibernation since with construction having not even begun at the peak of the last property cycle in the City of London.

The scheme will have 25,000 square metres of office space in the form of two glazed wings connected to a central core, plus ground floor retail, and full landscaping of a new public square next to it. Unfortunately despite the direct historical connections that the area has to London's most famous bogeyman Jack the Ripper due to the discovery the body of Catherine Eddowes was found here, there are no plans to commemorate it.

The deal also includes a long leasehold of the site to the immediate south for International House that borders Aldgate Avenue that has been obtained from the City of London. Having now secured the opposing site, this gives Helical Bar a further chance for redevelopment in the area with perhaps an office building on the souther section of the International House site and an expanded public area connecting to Mitre Square in the north.

With commercial property currently experiencing a boom in the City, construction could start early next year, market conditions permitting.

http://www.skyscrapernews.com/news.php?ref=2554
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Old June 12th, 2010, 03:42 PM   #1809
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Bishopsgate and London Bridge -

http://www.youtube.com/watch?v=PQxSl41qVKM

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Old June 14th, 2010, 12:56 AM   #1810
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Quote:
Originally Posted by wjfox View Post
Bishopsgate and London Bridge -

http://www.youtube.com/watch?v=PQxSl41qVKM

Good one. Just imagine that view from London Bridge in 2012.
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Old June 14th, 2010, 04:24 PM   #1811
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I am planning a trip to London in approximately one year and i am looking for restaurant that would be perfect for just two people, that would be romantic though. I am having dinner with ma girlfriend i haven't seen in a while and need somewhere we can catch-up. Any suggestions?

book restaurants covent garden
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Old June 14th, 2010, 08:36 PM   #1812
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Quote:
Originally Posted by morgan2074 View Post
I am planning a trip to London in approximately one year and i am looking for restaurant that would be perfect for just two people, that would be romantic though. I am having dinner with ma girlfriend i haven't seen in a while and need somewhere we can catch-up. Any suggestions?

book restaurants covent garden
The UK forum is the best place to ask for advice on that.
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Old June 16th, 2010, 03:33 PM   #1813
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The new cycle hire racks at Bankside.





Find more here:

http://www.flickr.com/photos/se1webs...7624282377010/
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Old June 16th, 2010, 07:54 PM   #1814
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Jadwa steps up UK investment

Jadwa Investment , a company part-owned by the Saudi royal family, and CIT, a European property investor, have acquired the King's Reach Tower on London's south bank for £60m and plan to invest a further £500m in the UK real estate market.

Jadwa has invested £140m in UK property - including Hull's largest shopping centre in March - and King's Reach Tower is the fourth joint Jadwa-CIT acquisition.

The price paid for King's Reach was almost a quarter below the price paid the last time it was sold in 2006, said Jadwa. The purchase of the tower and adjacent podium building includes a planning consent for redevelopment and Jadwa and CIT plan to invest a further £200m in the property.

"It's a great location, it's overlooking the Thames with wonderful views," Fadi Tabbara, Jadwa's chief investment officer, told the FT. "The pound exchange rate is low, which makes investment in the UK inviting, and the legal structure is simple and transparent."

King's Reach Tower is empty and Jadwa is gambling on a UK economic recovery, Mr Tabbara said.

Gulf investors have a long-standing affinity with real estate , and high-end property in London in particular. The capital has historically attracted both individual and institutional investments from the oil-rich region, and interest is rising again on the back of declining property prices and weaker sterling.

Qatar recently bought Harrods from Mohammed Fayed for a reported £1.5bn, and is involved in the Chelsea Barracks and the Shard skyscraper developments.

"For us, London is the capital of the world. It's a lot closer than the US, and even the retail sector is often in tune to Arab culture," Mr Tabbara said.

Jadwa and CIT are targeting a return of 20 per cent or more on their King's Reach investment. In addition to £200m to develop the project, Jadwa plans to invest a further £300m or more in mixed-use, residential and commercial property in the UK.

http://www.ft.com/cms/s/0/7be040da-7...44feabdc0.html
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Old June 18th, 2010, 08:24 PM   #1815
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Controversial Brent Cross Cricklewood regeneration programme will go ahead in 2014

A controversial regeneration programme has been given the go-ahead after the government announced it will not 'call in' the scheme.

The £4.5 billion Brent Cross Cricklewood project, which had the backing of the Mayor and Brent Council, will commence in 2014 despite objections from residents and traders,

The site, covering 151 hectares, will be transformed providing 27,000 new jobs, 7,500 homes, three schools, a new train station, a new bus station, six bridges and new open spaces.

Jonathan Joseph, of Brent Cross Cricklewood Development Partners, said: "There was cross party support for the application from Barnet Council, a strong endorsement of the plans from the Mayor of London and now the Government has given the green light as well.

"The reasons for this are clear - the fantastic benefits the regeneration will bring to local people in an area crying out for new investment."

But concerns were expressed over the negative effects of the scheme.

The Coalition for a Sustainable Brent Cross Cricklewood Plan (CSBCCP) criticised the consultation process and cited transport, pollution and sustainability as major areas of concern.

They also said contrary to reports, Brent Council voted against the project due to the traffic, lack of clarity in the plans and the impact on local high streets.

In a report, CSBCCP said: "The plans were approved at Barnet's planning meeting on 19th November 2009, by just 8 members of the planning committee."

The site borders the Brent Cross shopping centre in the north, A41 in the east, Cricklewood Lane in the south and the A5 in the west.

http://www.kilburntimes.co.uk/conten...A09%3A23%3A097
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Old June 19th, 2010, 12:03 AM   #1816
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http://www.thisislondon.co.uk/lifest...ndon-towers.do


High hopes: The new towers of London

Kieran Long
18.06.10


There was a time, around the start of 2009, when it felt like every grand building project in London had stalled. Plans for a multitude of soaring shiny towers, conceived at the very height of the boom years, were filed away, the money to build them having, apparently, disintegrated in an instant. Workmen walked off sites. The skeletons of grand office blocks, only half-constructed and already bankrupt, stood silent; follies, a testament to a bygone era.

How quickly history rights itself. 'As of this moment I'm not aware of any project that's still on hold,' says Peter Rees, the chief planning officer of the City of London. 'People are either on site, in the process of tendering or are concluding deals.'

What's this? A recently beleaguered property industry in bullish mood? Are we, against the odds, at the beginning of a new property boom in London? The straight answer is no. While there are cranes over the City, and a rash of proposals for tall buildings from Vauxhall to Canary Wharf, from Blackfriars to Croydon, these are still difficult times.

It might seem curious that, with a traumatised economy, the property industry would not take time to re-evaluate the schemes it had proposed in the fat times. Perhaps the temples to commerce that skyscrapers represent might feel a little hubristic at this point in the economic cycle. But not a bit of it. That kind of thinking takes too long and renegotiating planning permission is too arduous. It's quicker to dust off old plans than to make new ones. London will get a clutch of tall buildings that were designed for a boom, and delivered after a chastening recession. There are some on site already: the 230m Heron Tower by the London office of American architect Kohn Pedersen Fox (KPF) will finish early next year, and the 310m Shard by star architect Renzo Piano, above London Bridge station, will also be finished in time for the 2012 Olympics.







Rees is measured in his prognosis. 'I don't see this as the start of a new property boom. Developers are simply meeting demand that currently exists, because there is a shortage of grade-A office space in the City. In the longer term, people have significant question marks about the state of the world economy and so on. They're just getting the product there while there's demand.'

So it could be that the resurrection of the Walkie Talkie, Darth Vader's Helmet, the Helter-Skelter and all the rest that make up the cast of characters that will compete for attention on the London skyline will be the last of a generation of tall buildings in the City. The two most significant buildings that are currently under construction in the Square Mile are both by the same architect, KPF. The Heron Tower on Bishopsgate is nearly there and has emerged as a pretty regular-looking office building. It has none of the fancy shapemaking of the Gherkin, rather it has straight edges and right angles. Paul Simovic of KPF, the architect in charge of the Heron Tower, says, 'I think it has a very different attitude from the so-called iconic buildings. We focused on having a sensitive approach to orientation and site. The building allows other people to build near it and forms part of the urban fabric rather than elbowing others out of the way. The materials are high quality but nothing that screams, and there's a focus on the ground floor, with a recessed arcade at the front entrance and a pedestrianised area next to it.'

While Heron Tower is one of the buildings in the City that hasn't yet spawned a nickname, that is perhaps because it is trying to be more modest. KPF's other proposal is less so. The Pinnacle tower, which at 288m will be the second highest building in the country after the Shard, will cost £1 billion and will be completed in 2013. Work has just begun on the spiralling form, which has been dubbed the Helter-Skelter.

Paul Katz, president of KPF, says that these towers are a vital part of the identity of London. 'I find it gratifying to see all these towers in London because many years ago, in the
mid-1990s, we were advocating clusters of towers but there was strong opposition. I think the tall building is the building type of the 21st century. I can see why in London there would be concern about tall buildings eviscerating the unique scale of the city. But I think that contrast between high and low and old and new is exciting.'

The other proposals, all of which, I was told by sources in the City, are moving forward, are Rogers Stirk Harbour + Partners' Leadenhall Building (nicknamed the Cheesegrater), Rafael Viñoly Architects' 20 Fenchurch Street (the Walkie Talkie), and the so-called groundscraper of the 22-storey Walbrook Square by Foster + Partners and French architect Jean Nouvel (Darth Vader's Helmet, according to some).















The City has been having these debates for years, and every building there is subjected to close scrutiny by English Heritage and other bodies. But perhaps the most noticeable of the forthcoming proposals for towers are those beyond the Square Mile. Building on the various 'clusters' of towers in Vauxhall, Blackfriars and Croydon seems to be progressing, and the skylines of these areas will be transformed.

Vauxhall could have at least five new residential towers of between 20 and more than 40 storeys, if plans are approved on a variety of developments. The Nine Elms area has become prime development land thanks to the recent announcement that the American Embassy will move there and also because of the masterplan to regenerate Battersea Power Station and its surroundings with residential units, shops, office space and even a new Tube link. The pressure is on to develop.

Proposals include Hampton House by Foster + Partners, Carey Jones's Vauxhall Cross eco tower (the Vauxhall Sky Gardens), and Keith Williams Architects' 24-storey residential tower just a block inland from the river at 81 Black Prince Road. Towers in the Vauxhall area have met with opposition from local residents, particularly the Octave Tower, designed by Make Architects, the practice run by Ken Shuttleworth. The project was refused planning permission last year, but the developer has appealed and results of that appeal are due in June. Another controversial scheme is Squire and Partners' proposal for two towers of 42 and 31 storeys at Vauxhall Cross, which is due to go in for planning this summer. Steve Bee, director of planning and development for English Heritage, says that although EH is now comfortable with the plans for Battersea Power Station, the Vauxhall Cross towers are worry-ing. He says: 'These buildings at Vauxhall Cross do give us cause for concern because they affect the backdrop to the Westminster World Heritage Site.'







The south end of Blackfriars Bridge has been touted as a potential location for a cluster of towers for some time, and developer Beetham and Mirax is now seemingly beginning work again on the largest of these (the 52-storey, boomerang-shaped Beetham Tower by Ian Simpson Architects). 'Refinancing has been completed on the project and the developers are now in discussion with funds and other partners with a view to going on site next year,' says Ian Simpson. Although the Number One Blackfriars project (also known as Beetham Tower) was opposed by Boris Johnson, it already has planning permission thanks to a decision by the then Secretary of State Hazel Blears. But Simpson sees his design as timeless enough to endure. 'It is a building that will last for 100 years. Opposing tall buildings is a very easy political win. When most people think of them, they would think of something built in the 1960s and say they don't like them. But if you can allow people to experience them, they see that they can have significant value.' Number One Blackfriars is a hotel and residential scheme, with a public viewing gallery at high level, a mix that Simpson sees as fitting in with other visitor attractions along the South Bank.







Behind the £1 billion Beetham Tower is 20 Blackfriars Road, a site with planning permission for two glassy towers designed by Stirling Prize-winning architect Wilkinson Eyre. Circleplane, the developer of the project, has since dropped Wilkinson Eyre from the project, and its future in its current form looks uncertain, according to sources close to the project.

Vauxhall and Blackfriars Bridge are locations that currently do not have high buildings, but they are hoping. The idea of 'clustering' tall buildings is seen, by English Heritage and the Commission for Architecture and the Built Environment, as the best way to reduce their impact on the skyline.

The City of London's high-rise drive will continue north, with towers creeping up Shoreditch High Street, allowing Hackney and Tower Hamlets to get in on the action and making a cluster of tall buildings, if a cluster it can really be called, more than a mile long from Fenchurch Street to Bishopsgate Goods Yard. Foster + Partners has designed a tower for the site just north of the Broadgate Tower (which attracted objections because of its plan to demolish a listed building on the site). The currently vacant Bishopsgate Goods Yard has a masterplan by Terry Farrell and Partners, now formally adopted by Tower Hamlets, proposing a number of tall buildings, the case for which is aided by the recently opened Shoreditch station.







Canary Wharf continues to spread, with several new towers planned in and around the West India and Millwall Docks, including the soon-to-be-completed 22 Marsh Wall (two residential towers of 140m and 98m) and the massive Riverside South proposal. Canary Wharf does not begin building before it has tenants signed up to occupy the space, and this lack of a speculative approach means it is not certain when many of these projects will happen. There are two sites where work is ready to begin. JP Morgan's new headquarters at Riverside South, consisting of two towers of 37 and 45 storeys designed by Rogers Stirk Harbour + Partners, has begun preliminary works on site. Another site, at 25 Churchill Place, is to be subject to another planning application shortly from KPF, although the start-on-site date is not confirmed.

And what kind of city will these towers make London? That's a question few could answer, even among those designing and building them – they're all just grateful for having some work in what promise to be hard times over the next couple of years. When you look at the skyline in five years' time, remind yourself that you are not looking at the architecture of prosperity but of what came after. We'll have to wait to find out what these strange shapes on the London skyline will come to symbolise.



Reader views (2)


I agree with fuzzylogic. And it's nice to see a positive comment. Most people only write when they have something negative to say!

- Cary, New York, NY, 18/06/2010 19:51


Is it just me - I find these proposals - and the pictures of them - exciting and inspiring.
All too often we seem to think that UKplc has had its day. I think that this shows that the sceptics are wrong.


- fuzzylogic, Billericay, 18/06/2010 17:44
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Old June 20th, 2010, 04:43 PM   #1817
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It's really good that things are looking rosier for high-rise construction in London, the city needs to get denser.

And I love Blackfriars Tower, what a masterpiece!
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Old June 21st, 2010, 07:49 PM   #1818
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London Architecture Exhibition

Illustrating the best of new architecture in London over the past five decades. The show includes over 200 buildings from Centrepoint to Swiss Re, Dulwich Picture Gallery to Tate Modern and The Economist building to Canary Wharf. It is organised by The Architecture Club as part of the London Architecture Festival 2010, which takes place across the capital from June 19 to July 4.
Admission free



http://www.mallgalleries.org.uk/inde...pid=2&subid=43
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Old June 22nd, 2010, 12:17 AM   #1819
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Lanterns Court

by chest.





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Old June 23rd, 2010, 02:11 AM   #1820
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The Evelyn Grace Academy is nearing completion.

by DarJoLe.

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