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Old December 7th, 2012, 06:02 PM   #10521
JLAG
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Agree. Please close this thread and open it up when there is something relevant to say about the pinnacle.
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Old December 7th, 2012, 07:17 PM   #10522
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Quote:
Originally Posted by potto View Post
but it isn't always transparent, I see the Shard daily from the same distance and point of view and the top rarely looks more transparent than than the rest because more often than not, all of the glass is reflecting light.
I can only say, then, that you have been far luckier than me. From Old Street, I have rarely seen it thus.
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Old December 7th, 2012, 08:27 PM   #10523
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The transparency looks great. It makes the tower appear lighter, more delicate...
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Old December 9th, 2012, 10:47 AM   #10524
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Pinnacle offers to settle Brookfield legal claim
7 December 2012 | By Iain Withers

Developer seeks settlement on City of London’s tallest

Does anyone have an account with:
http://www.building.co.uk/profession...047237.article
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Old December 9th, 2012, 11:49 AM   #10525
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Quote:
Originally Posted by spenster View Post
Pinnacle offers to settle Brookfield legal claim
7 December 2012 | By Iain Withers

Developer seeks settlement on City of London’s tallest

Does anyone have an account with:
http://www.building.co.uk/profession...047237.article
Great, something on topic. Please keep it this way.

If you want to discuss the Shard, try the Shard thread
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Old December 9th, 2012, 12:20 PM   #10526
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Quote:
Originally Posted by spenster View Post
Pinnacle offers to settle Brookfield legal claim
7 December 2012 | By Iain Withers

Developer seeks settlement on City of London’s tallest

Does anyone have an account with:
http://www.building.co.uk/profession...047237.article

Hmmm...not sure about the legality of posting subscriber pay-wall content, so Mods feel free to delete if necessary...doesn't really say much anyway..



You can get around quite a few 'subscriber only' articles by just copy&pasting the relevant headline into Google, which usually brings up the article and just clicking through to it from the search result.
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Old December 9th, 2012, 01:24 PM   #10527
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Thank for the update... I sense a JV coming up
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Old December 9th, 2012, 07:11 PM   #10528
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god i hope so - please let us know if you know anything lumberjack....

even if you can't say! - just say you know something!

london needs this tower!
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Old December 10th, 2012, 12:32 PM   #10529
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JV = joint venture ?
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Old December 10th, 2012, 01:08 PM   #10530
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Quote:
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JV = joint venture ?
Good question. That one went right over my head too.
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Old December 10th, 2012, 02:02 PM   #10531
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Quote:
Originally Posted by lumberjack View Post
Thank for the update... I sense a JV coming up
Donald Trump Perhapse ? ;-)

http://www.guardian.co.uk/uk/2012/no...owners-funding

See last sentence..
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Old December 10th, 2012, 02:50 PM   #10532
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Quote:
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god i hope so - please let us know if you know anything lumberjack....

even if you can't say! - just say you know something!

london needs this tower!
quite. it's been a case of too many cooks spoil the broth. arab investors needs to simply sell its share to someone else. lots of people want the site.
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Old December 10th, 2012, 03:57 PM   #10533
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Quote:
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lots of people want the site.
But do they want the current design or do they have their own ideas for the site,which could push any form of construction back for another 12-24mths..?

It may make more sense to get the site on the cheap and build a 'relatively' cheap mid-rise with conventional floor plate design.
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Old December 10th, 2012, 04:18 PM   #10534
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It may take years to get a new design off the ground for this site, with no guarantee of success. This would be a significant risk for a developer. It may take a few years anyway for the market to be ready for this building, though the market will be there providing the City of London remains a global financial centre.

It may make more sense to redesign the building internally to be multi-purpose, akin to the Shard, and thereby diversify risk - something which has happened with a number of large projects in recent years. Perhaps this is what LJ is intimating at when using the phrase JV. There may also be a new wave of money from East and SE Asia coming to London looking for investment opportunities, as at Battersea Power Station, which after 30 years of waiting is finally happening. Just some thoughts....
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Old December 10th, 2012, 09:59 PM   #10535
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Quote:
Originally Posted by DeFiBkIlLeR View Post
But do they want the current design or do they have their own ideas for the site,which could push any form of construction back for another 12-24mths..?
I am currently of the view that KPF's confirmation of a redesign to the cladding should be a factor worthy of consideration when ascertaining the motives of such parties. The legal situation being as it is however, I do not know of the degree to which this would be relevant.
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Old December 11th, 2012, 01:35 AM   #10536
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Quote:
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It may take years to get a new design off the ground for this site, with no guarantee of success. This would be a significant risk for a developer. It may take a few years anyway for the market to be ready for this building, though the market will be there providing the City of London remains a global financial centre.

It may make more sense to redesign the building internally to be multi-purpose, akin to the Shard, and thereby diversify risk - something which has happened with a number of large projects in recent years. Perhaps this is what LJ is intimating at when using the phrase JV. There may also be a new wave of money from East and SE Asia coming to London looking for investment opportunities, as at Battersea Power Station, which after 30 years of waiting is finally happening. Just some thoughts....
there's quite a few people who are interested in it... although yes, it should be interesting to see if brookfield has a partner lined up.

isn't it already designed to be multi let, but not split floor?
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Old December 14th, 2012, 05:30 PM   #10537
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Dont know if this has been posted...
Quote:
In early December 2012, a settlement offered by Arab Investments to contractors Brookfield Multiplex paved the way for construction to resume "potentially very soon".
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Old December 14th, 2012, 05:43 PM   #10538
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No source?
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Old December 14th, 2012, 05:59 PM   #10539
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Quote:
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No source?
There's something in property week....
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Old December 14th, 2012, 06:12 PM   #10540
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Potentially? I think they need a prelet before anything will happen and there is already quite a bit of grade A space available. But if they go for mixed use, this could then start "potentially" soon.
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