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Old June 20th, 2006, 06:09 PM   #41
SE9
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Here is the site today... lots of activity:

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Old June 21st, 2006, 08:42 AM   #42
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Decent size cranes, wasn't the max height of these around 70m?
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Old June 21st, 2006, 08:45 AM   #43
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I think so. This photo may give you a better indication on the size of the cranes:

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Old June 21st, 2006, 09:10 AM   #44
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Crikey that was deceptive, makes you appreciate the size of the main towers.
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Old July 10th, 2006, 11:44 AM   #45
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Bit of news on this area- Bear Sterns might be taking 5CP. Also confirms that KPMG are in talks for 400,000sq ft which is still presumably the last site on canada square.

Shame Aon pulled out of taking the other building at CP as then it would leave RS next on the list. Theres a bit of worrying news as well with regard RS as they are in talks with architects to come up with other proposals for the site- Although it does say they are still looking for a pre-let for the Rogers RS scheme. Hopefully it will come sooner rather than later if all these pre-lets come to fruition.

from property week.....

Canary Wharf Group has had a bumper week with around 350,000 sq ft (32,516 sq m) of lettings on its London Docklands estate.

Investment bank Bear Stearns is in talks to take most of the proposed office tower at 5 Churchill Place on Canary Wharf.

Bear Stearns has entered into advanced discussions to take more than 200,000 sq ft (18,580 sq m) at the proposed 300,000 sq ft (27,871 sq m) building.

The bank is negotiating a rent that is understood to be around £35/sq ft (£376.74/sq m) on the prelet.

The agreement comes in the same week that Canary Wharf agreed more than 130,000 sq ft (12,077 sq m) of lettings to banks Barclays and Saxo, professional services firm Alvarez & Marsal, risk management firm Diligence and educational body the CFA Institute.

Bear Stearns has already agreed to take a short-term letting in its existing building at 1 Canada Square on floors 25 and 50.

The US investment bank now occupies more than 80,000 sq ft (7,432 sq m) at Canary Wharf but plans to expand in the next few years.

CB Richard Ellis is advising Bear Stearns; CBRE and Knight Frank advise Canary Wharf.

No one would comment on the letting.

Although Canary Wharf has had a successful year in terms of lettings, it suffered a setback when insurance group Aon pulled out of a deal to take a 255,000 sq ft (23,690 sq m) headquarters at 10 Churchill Place, E14, earlier this year. Financial services firm Thomson also pulled out of a prelet.

But two other prelets are going ahead. State Street is taking around 350,000 sq ft (32,516 sq m) and KPMG is in exclusive negotiations for around 400,000 sq ft (37,160 sq m).

The news of further lettings success comes as Canary Wharf considers reducing the amount of office development by looking at other options for the Sir Richard Rogers-designed 1.7m sq ft (157,934 sq m) office scheme at Riverside South.

Canary Wharf is talking to architects about potentially reconfiguring the design for Riverside. The company is understood to be looking at whether to convert the 6.2 acre (2.5 ha) scheme into a residential-led development, which could also include hotels and further leisure facilities for the estate.

It comes as residential values continue to exceed those of commercial and more office space is planned at neighbouring schemes such as Wood Wharf and the 3.5m sq ft (325,158 sq m) Greenwich Peninsula.

The original Riverside proposals are believed to still be in the frame, however, and Canary Wharf continues to look for an office prelet there.
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Old July 10th, 2006, 12:04 PM   #46
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Quote:
Originally Posted by london lad
The company is understood to be looking at whether to convert the 6.2 acre (2.5 ha) scheme into a residential-led development, which could also include hotels and further leisure facilities for the estate.
Interesting...!

Wonder what sort of timescale this would involve though. And would it involve a height reduction?
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Old July 10th, 2006, 12:35 PM   #47
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Thanks London Lad.

Hopefully the deal of KPMG at 15 CS and Bear Stearns at 5 CP (or 10 CP?which is 300,000 sqft) will be successfully concluded in late 2006.

The article mentions that 5 CP is a 300,000 sq ft development. This is not correct: 5 CP is a 225,000 sq ft building.

None of us would be surprised that RS is considered to be reconfigured. It is simply too large under its present form: 243,000 sqm of offices - the largest office development in Europe. There is nobody on the market with such a large requirement (or even a third of it).

If it is reconfigured, I believe it will be a mixture of residential and offices (otherwise, CW will be only left with North Quay which has conditional pp).

I am afraid we will loose some height. But it must be tall because that precisely what makes the attractiveness of any residential schemes in the area. I hope it will be substantially taller than 150m.

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Old July 10th, 2006, 12:54 PM   #48
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Just found this report from last August- I do hope if they do go for another scheme that they go for something of a similar height to RS- they already have plannign for a tall building so they may as well go for something of a similar height.


A flagship commercial scheme by the Richard Rogers Partnership in London’s Canary Wharf was placed in doubt this week when details of a new competition for the site emerged.

26 August, 2005

David Chipperfield Architects, Allies & Morrison, HOK, Ian Simpson, Woods Bagot and RRP itself are on the shortlist for a large mixed-use scheme for the Canary Wharf Group at the prized Riverside South site on the western edge of the estate.

The contest raises questions about the future of an existing 270,000sq m office and retail scheme for the site by RRP, comprising two large stepped skyscrapers connected by a smaller central building, which won planning last September.

The larger tower was set to be the second highest building in the estate after One Canada Square. Last year chief executive of the Canary Wharf Group George Iacobescu hailed the RRP scheme as the first in a “new generation of buildings” for the area.

An RRP spokesman said: “Canary Wharf Group is an alternative development. It still has planning permission on our scheme.”

A spokesperson for Canary Wharf said: “We are considering a number of alternative options to our office scheme and have asked several architects for ideas, but no decision on whether or how to proceed has been taken.”
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Old July 10th, 2006, 03:56 PM   #49
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This could be the site for our tallest residential tower (even taller than Beetham, southwark) , as it already has permission for a building over 200m.
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Old July 10th, 2006, 04:51 PM   #50
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If it's residential the floor count would be much higher too.

Instead of 40 storeys, we might get 70+ storeys.
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Old July 10th, 2006, 05:23 PM   #51
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Riverside South was blandified to an extent that I would not be too sad to see it replaced by some good soaring residentials. Which in any case help make the place more attractive for occupiers and increase the probablity of new buildings elsewhere on site.
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Old July 10th, 2006, 05:30 PM   #52
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I agree, I can take or leave the current design.

Don't get your hopes up too much though.

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The original Riverside proposals are believed to still be in the frame, however, and Canary Wharf continues to look for an office prelet there.
The original proposal was a mirror of that on the other side of westferry circus.

I think they would go higher than that, but as high as the current office scheme? Unlikely. I look forward to being proved wrong - it's a superb site for a high residential, and is not in the the city airport emergency flight path. Someone should phone Donald Trump.
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Old July 10th, 2006, 06:52 PM   #53
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If they re-design they should do more with the location - more open space...a nice restaurant lined garden along the river would be fab!!
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Old July 11th, 2006, 12:54 AM   #54
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5 churchill place seems to of been designed in the eighties, haven't we progressed somewhat since then? obviously not in canary wharfs eyes...
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Old July 29th, 2006, 11:09 PM   #55
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Updates 29-07-06:







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Old July 30th, 2006, 10:37 AM   #56
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Thanks for this excellent update of the new State Street HQ, Exbass.

John Packer Associates (Building Services Engineers and Sustainable Design consultants) is acting for KPMG, in the procurement of their new HQ Building at 15 Canada Square.

KPMG require that the building should be an exemplar of energy efficiency and sustainability.

Good.
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Old August 7th, 2006, 10:00 PM   #57
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*Update - Today*

The core at the far end is rising:



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Old August 7th, 2006, 11:24 PM   #58
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Good update se9, they really don't hang about on the wharf do they!
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Old August 8th, 2006, 09:20 AM   #59
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Nope...

In yesterday's 'The Wharf' newspaper, they were proudly showcasing their ongoing projects, whilst blasting the City for losing Minerva. The article started:

"Plans for a prestigious skyscraper in central London to compete with the dizzying heights of Canary Wharf have been shelved." (talking about Minerva)

They then continue by listing the companies that are/have moved to the Wharf, and finish by claiming that C.Wharf is cementing its place as the prime location for international business.
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Old August 8th, 2006, 11:34 AM   #60
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Quote:
Originally Posted by SE9
Nope...

In yesterday's 'The Wharf' newspaper, they were proudly showcasing their ongoing projects, whilst blasting the City for losing Minerva. The article started:

"Plans for a prestigious skyscraper in central London to compete with the dizzying heights of Canary Wharf have been shelved." (talking about Minerva)

They then continue by listing the companies that are/have moved to the Wharf, and finish by claiming that C.Wharf is cementing its place as the prime location for international business.
The city has messed up big time and knows it (althought there is probably not a lot they could have done about Minerva) for us Skyscraper fans this could lead to a battle and the City REALLY pulling the stops out in future.....well done The Wharf! (and thanks SE9)
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