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Old February 24th, 2006, 11:30 AM   #1
DMT20
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20 Fenchurch Street | City of London | 160m | 36 fl | T/O

20 Fenchurch Street

City of London

Height: 160m
Floors: 36
Architect: Rafael Vinoly
Developer: Land Securities

Links:
http://www.20fenchurchstreet.co.uk/
Previous thread
World forum thread


Notes:
This proposal, already nicknamed the "Walkie Talkie", would be located at the southern end of the cluster,
near the Thames. It would replace an existing 91m building from the 1960s and would significantly bulk out the
skyline when viewed from Waterloo Bridge. If approved, Land Securities plans to start building in the third quarter
of 2007. Opinions are very divided on this tower's unusual design. Following criticism about its height and impact
on the views of St Pauls Cathedral, it has been reduced by 9 floors from 45 to 36. The new height is thought to be 160m.


Current Status:
A revised planning application with a 9 floor height reduction was submitted in July 2006. It was approved in November 2006.
The current site has already been vacated, enabling works are getting underway, and demolition will start in April 2007
(see notice from Keltbray). However, the project was called in by the Secretary of State, Ruth Kelly, and is likely to face
a public inquiry. UNESCO have also recommended this building be cancelled, as they feel it would harm the Tower of London.



























-----------------------------------------------------------------------------



When I saw the artical in this weeks AJ for a new 45 storey tower in the City resembling the Ericsson Ericofon circa 1954 I had to double check it wasnt April Fools day. In fact, this was no joke and despite a notable lack of renderings, it seems the next tall proposal for the City will be no less adventurous than the others.

I wont retype the whole article but here are the main points:


Designed by Rafael Vinoly, the tower will replace the 91 metre CLRP designed tower at 20 Fenchurch Street built in 1968. The new landmark will resemble a "huge curved television facing the Thames" or the 1950s Ericsson phone design.

The proposals are set to go before corperation planners this summer.

Th scheme was threatened last year when the design ran 35% over budget. Since then Fosters director, John Shaw, has been brought on board and has helped bring the design back in to the black.

The developer for the scheme is Land Securities

The complex structure is synclastic, i.e. curves in two planes providing engineers with the unenviable task of making the building stand up.

The scheme has been designed to comply with the new Part-L regs that are being introduced in April.

According to sources working on the project the design is "deferential" to to the Tower of London and a near by listed church, helping to appease the Heritage bodies.

The scheme is thought to have recieved positive comments from CABE and (wait for it...!) English Heritage.

As I said, unfortunately there were no renders, so to keep you going i give you the Ericofon!




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Old February 24th, 2006, 11:31 AM   #2
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lol
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Old February 24th, 2006, 11:32 AM   #3
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Well this'll be an interesting one for sure.
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Old February 24th, 2006, 11:35 AM   #4
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Old February 24th, 2006, 11:55 AM   #5
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oh..dear...
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Old February 24th, 2006, 12:07 PM   #6
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Old February 24th, 2006, 12:09 PM   #7
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Quote:
Originally Posted by DMT20
The new landmark will resemble a "huge curved television facing the Thames"
I wonder how that would look... Hopefully not one of those bulky CRTs, but rather a sleek Plasma (please no widescreen though!)
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Old February 24th, 2006, 12:17 PM   #8
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Sounds interesting, there'll be a big old cluster in that area though all of them more or less the same height!
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Old February 24th, 2006, 01:20 PM   #9
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Been waiting for this one for a while- cant wait to see some renderings .

45 floors must be around the 200m mark - this will seem huge when viewed from the South Bank as it'll be the closest tower.

The good thing about this site as well is Dresdner kleinwert Benson ( or whatever they are called these days have moved out or are moving out soon so the place will be empty

Land Secs have a lot of development in the pipeline though - what with bankside, new st square & the proposed Wilkinson Eyre tower in Blackfriars but hopefully they will crack on with this & give BL a run for there money

This is the tower there at present- never been a big fan -looks far to 60's & squat for my liking with a huge concrete crown.
http://www.skyscrapernews.com/buildings.php?id=121
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Old February 24th, 2006, 01:45 PM   #10
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Interesting developments, but does anyone know of the current state of Dresdner Kleinwort Wasserstein then?
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Old February 24th, 2006, 01:49 PM   #11
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Actually found something interesting on DKW's website:

http://www.drkw.com/eng/press/Archive_2004_2668.php


16th Nov 2004
Land Securities Group PLC agrees new City of London property deal at DrKW

London..16th November 2004


Land Securities and Dresdner Kleinwort Wasserstein ("DrKW"), the investment bank, have agreed Heads of Terms on a property transaction under which DrKW will take a new lease at 30 Gresham Street, London, EC2, Land Securities newly-developed building in the City of London. At the same time DrKW will surrender its current portfolio of office space in and around 20 Fenchurch Street, London, EC3.

The deal is made possible because Land Securities is landlord to DrKW on four of its five City of London properties, namely 20 Fenchurch Street, Fengate House, 33 Eastcheap and 10 Fenchurch Street.

Final contracts between Land Securities and DrKW are likely to be concluded by the end of the year. It is expected that DrKW will relocate into the new building in early 2006.

Key benefits of the new property deal include:

* Land Securities will retain a key client by leasing 30 Gresham Street to DrKW, while at the same time reclaiming 20 Fenchurch Street and its adjoining buildings, a prime City location for redevelopment.
* DrKW will exchange its share of the freehold of the 20 Fenchurch Street complex for a share of value creation in any subsequent development of the site by Land Securities.
* The opportunity for DrKW to locate all London-based staff into one state-of-the-art building that is designed specifically to accommodate an integrated investment bank.
* By exchanging its existing sixty-one year lease with a shorter, modern lease for twenty-four years DrKW improves its net long-term financial liabilities.

Mike Hussey, Managing Director, London Portfolio, Land Securities Group PLC commented, "This is a mutually rewarding deal for both parties. 30 Gresham Street is an ideal home for an investment bank and this transaction demonstrates our ability to exploit opportunities within our existing portfolio to create value over a number of years. We value highly our relationship with DrKW and are delighted that this transaction will enable us to continue to satisfy their needs."

Commenting today, Andrew Pisker, DrKWs CEO said, "This is a positive deal at the right time for DrKW. It makes financial sense, will be welcomed by staff in London and will enhance our ability to service clients on an integrated basis.

"Furthermore, as an international bank which has historic roots in the City of London and for whom the City remains one of our important home markets today, this deal underlines our commitment to the City of London as a premier financial centre for both our UK and global clients."

This is Land Securities' third recent high profile London property deal and follows on from the forward sale of Bankside1 to IPC, letting of Empress State to the Metropolitan Police and recent positive news in respect to a potential pre-let to Deloittes.

For more information, please contact:

Land Securities
Mike Hussey/Emma Denne
Tel: +44 (0)20 7413 9000

Dresdner Kleinwort Wasserstein
David Waller
Tel: +44 (0)20 7475 4725

Financial Dynamics
Stephanie Highett/Dido Laurimore
Tel: +44 (0)20 7831 3113
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Old February 24th, 2006, 02:11 PM   #12
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ooo want to see that building demolished!
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Old February 24th, 2006, 04:05 PM   #13
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great news. 20 fenchurch street is one of those dreary 60s highrise blocks that makes the skyline look old and tired. it belongs in slough, not the square mile. off with its head... and on with something much more impressive, let's hope.

w/ thanks to goth's site for the pic:

Last edited by Noostairz; February 24th, 2006 at 04:24 PM.
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Old February 24th, 2006, 04:55 PM   #14
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45 storeys? The minimum we can expect is 200m. From the South Bank and London Bridge, this will look massive. From Waterloo Bridge it will really stretch the cluster out.








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Old February 24th, 2006, 04:57 PM   #15
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45 floors should take it to ATLEAT the 185m mark, most likely more. This will be really big on the skyline

Tower 42 is 47 floors and it is 183m, so thats about the least we can expect

Very much looking forward to seeing this.
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Old February 24th, 2006, 05:00 PM   #16
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Woah that looks HUGE!
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Old February 24th, 2006, 05:08 PM   #17
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Will block Swiss Re in that last one

But yes, will really stretch out the skyline

I don't mind 20 fenchurch though
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Old February 24th, 2006, 05:12 PM   #18
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Quote:
Originally Posted by newcastle kid
45 floors should take it to ATLEAT the 185m mark, most likely more. This will be really big on the skyline

Tower 42 is 47 floors and it is 183m, so thats about the least we can expect

Very much looking forward to seeing this.
i thought T42 was 42 floors?
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Old February 24th, 2006, 05:22 PM   #19
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Something that looks like this? :s

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Old February 24th, 2006, 05:31 PM   #20
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Quote:
Originally Posted by Peyre
i thought T42 was 42 floors?
That's just the occupied floors... the black top contains an additional 5 floors of plant/aircon.


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