daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > World Development News Forums > Skyscrapers > Proposed Skyscrapers



Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Reply

 
Thread Tools
Old October 26th, 2010, 09:19 PM   #261
Ni3lS
Moderator
 
Ni3lS's Avatar
 
Join Date: Jun 2007
Location: Stuttgart
Posts: 16,465
Likes (Received): 3423

Good news. So this project actually has been on hold for the past couple of months? Now foundation is finished we can expect some towercranes soon right?
__________________
MY SHOWCASE
FLICKR / MY TRAVELS:
[2016] > Norway, Valencia, Arvidsjaur, Innsbruck, Moselvalley, Geneva, Lisbon, Basel, Vosges, Munich, Trieste, Barcelona, Nürburgring, Frankfurt, Spa, Berlin, Wuppertal, Dortmund, Como, Monaco, Saint-Tropez, Tegernsee, Hamburg, Lübeck, Madrid, Stuttgart, Faro, Hochgurgl
[2017] > Düsseldorf, Mallorca, Geneva, Annecy, Montafon, Vorarlberg, Barcelona, Zürich, Crete, Lisbon, Cascais, Málaga, Ronda, Dolomiti, Sistiana, Kitzbühel
Ni3lS no está en línea   Reply With Quote

Sponsored Links
Old October 27th, 2010, 01:21 AM   #262
adschi
Registered User
 
adschi's Avatar
 
Join Date: Sep 2010
Location: North Essex
Posts: 1,211
Likes (Received): 30

wow so are we actually gonna see this built?!
__________________
My flickr.
adschi no está en línea   Reply With Quote
Old October 27th, 2010, 02:09 AM   #263
djm160190
Registered User
 
djm160190's Avatar
 
Join Date: Oct 2010
Location: London, Paris
Posts: 570
Likes (Received): 763

Good news for this building!

Business gave a cautious welcome to the growth figures, but there were warnings about the looming impact of the cuts and VAT rise in the New Year. David Kern, the chief economist at the British Chambers of Commerce, said: “We must not forget that we have not yet seen the impact of the deficit cutting measures.”
In a vote of confidence in the economy, JP Morgan Chase is on the verge of agreeing to go ahead with a £1 billion office development at Canary Wharf that it had been threatening to scrap.
Alan Johnson, the shadow chancellor, claimed that the figures showed that the momentum “remains from Labour’s support for the economy”.
He added: “The risk going forward is that the Government has a plan to cut one million jobs, but no plan to support the private sector in replacing them.”

The above was taken from the following article by The Telegraph:
http://www.telegraph.co.uk/finance/e...-recovers.html
djm160190 no está en línea   Reply With Quote
Old October 27th, 2010, 08:06 PM   #264
PortoNuts
Registered User
 
PortoNuts's Avatar
 
Join Date: Apr 2008
Location: Porto
Posts: 23,935
Likes (Received): 7179

Quote:
US bank to restart giant Canary Wharf office project

US banking giant J P Morgan is reported to be about to make the decision to restart construction of its twin tower office scheme in London’s Canary Wharf.

Construction work on the 2m sq ft Riverside South scheme was halted at basement level months ago when the banking giant expressed concerns about London’s future as a world-leading financial centre.

Early fears over a punishing regulatory regime for banks, talk of a bonus tax and the impact of the government’s austerity measures led the bank to seriously question the new HQ plan.

A report in the Daily Telegraph suggests that the Government has won the bank round and it will shortly announce that it plans to proceed with the huge stalled Docklands site.

The bank set a loose deadline of the end of the year to make a decision. In August it said it would not quit the UK altogether but was looking for the best deal on a London site.

Canary Wharf Contractors has laid the foundations of the building, designed by Lord Rogers’s firm Rogers Stirk Harbour and Partners. If JP Morgan pulled out, it would have to pay for work done plus a £76m forfeit.

JP Morgan bought the site from the Canary Wharf Group in 2008 for £237m.
http://www.constructionenquirer.com/...ffice-project/
__________________
Got one head for money and one head for sin..
PortoNuts no está en línea   Reply With Quote
Old October 28th, 2010, 06:35 PM   #265
Frankus Maximus
Registered User
 
Frankus Maximus's Avatar
 
Join Date: Jun 2007
Location: Ascot
Posts: 1,061
Likes (Received): 735

Quote:
Originally Posted by Ni3lS View Post
Good news. So this project actually has been on hold for the past couple of months? Now foundation is finished we can expect some towercranes soon right?
All the reports here at the moment state JP Morgan Chase is about to give the go ahead. JP Morgan haven't issued a statement yet, but lets hope they do
Frankus Maximus no está en línea   Reply With Quote
Old October 28th, 2010, 08:25 PM   #266
PortoNuts
Registered User
 
PortoNuts's Avatar
 
Join Date: Apr 2008
Location: Porto
Posts: 23,935
Likes (Received): 7179

That's the good thing about having the basement works done, they can start building right away. Basement works are so boring.
__________________
Got one head for money and one head for sin..
PortoNuts no está en línea   Reply With Quote
Old December 9th, 2010, 10:28 PM   #267
aarhusforever
EU citizen
 
aarhusforever's Avatar
 
Join Date: Jun 2010
Location: Aarhus/Europe
Posts: 7,082
Likes (Received): 9117

Any news about this nice project??
__________________
EUROPE - many states - one nation

Aarhus - the second largest city in Denmark

Aarhus...my Aarhus
aarhusforever no está en línea   Reply With Quote
Old December 9th, 2010, 10:34 PM   #268
Manchester Planner
Chief Bureaucrat
 
Manchester Planner's Avatar
 
Join Date: Aug 2005
Posts: 6,831
Likes (Received): 4

It's pretty much dead. Skyscraper development in London has pretty much entirely shifted to the City and just over the river in Southwark.
Manchester Planner no está en línea   Reply With Quote
Old December 9th, 2010, 10:52 PM   #269
aarhusforever
EU citizen
 
aarhusforever's Avatar
 
Join Date: Jun 2010
Location: Aarhus/Europe
Posts: 7,082
Likes (Received): 9117

Damn. I love this project..
__________________
EUROPE - many states - one nation

Aarhus - the second largest city in Denmark

Aarhus...my Aarhus
aarhusforever no está en línea   Reply With Quote
Old December 9th, 2010, 10:55 PM   #270
Manchester Planner
Chief Bureaucrat
 
Manchester Planner's Avatar
 
Join Date: Aug 2005
Posts: 6,831
Likes (Received): 4

Really? I've always felt it would ruin the CW cluster, adding two OCS-sized towers right on the edge of the cluster by the Thames. Hopefully it will be replaced by a more interesting residential scheme.

If it's a toss up between getting Riverside South built or getting the Leadenhall/Cheesegrater built... no contest. Fortunately the latter is going ahead in 2011.
Manchester Planner no está en línea   Reply With Quote
Old December 9th, 2010, 11:22 PM   #271
aarhusforever
EU citizen
 
aarhusforever's Avatar
 
Join Date: Jun 2010
Location: Aarhus/Europe
Posts: 7,082
Likes (Received): 9117

Cheesegrater
__________________
EUROPE - many states - one nation

Aarhus - the second largest city in Denmark

Aarhus...my Aarhus
aarhusforever no está en línea   Reply With Quote
Old December 20th, 2010, 10:05 PM   #272
PortoNuts
Registered User
 
PortoNuts's Avatar
 
Join Date: Apr 2008
Location: Porto
Posts: 23,935
Likes (Received): 7179

Quote:
JP Morgan buys new London HQ, continues skyscraper

JP Morgan has bought the former Lehman Brothers building for its investment bank, while keeping its options open on plans to erect a new skyscraper nearby as its European headquarters. The US bank bought the Lehman building at 25 Bank Street in London's Canary Wharf financial district for 495 million pounds (USD 773.4 million), seller Canary Wharf Group (CWG) said on Monday, adding that the two groups would continue to develop the Riverside South site.

JP Morgan is still reviewing its plans for Riverside South, said John Garwood, secretary of Songbird Estates, majority owner of CWG. The site will potentially have a much larger building.

"They're (JPMorgan) going to review what their future requirements are going to be and they'll be looking at carrying on with a full design over the years to come," said Garwood. "But short term, we'll be building it up to street level and then we'll obviously also be reviewing what's best to go on that site." JPMorgan and the CWG, which owns the majority of the Canary Wharf district's property, had stopped building a conspicious new headquarters on the Riverside South site earlier this year, triggering speculation JPMorgan would axe the costly project, under pressure from negative sentiment against banks.

"These properties are long-term investments and represent our continued commitment to London as one of the world's most important financial centres," JPMorgan Chairman and Chief Executive Jamie Dimon said in a statement.

The Canary Wharf Group -- which is majority owned by Songbird Estates -- said construction work would recommence immediately to bring the development to the street level and that it had extended its development agreement with JPM until October 2016. Shares in Songbird, whose top shareholders include Qatar's sovereign wealth fund with 20% and China Investment Corp with 12.6%, were up 3.3% at 140 pence by 1018 GMT, ahead of the UK property stocks index which was flat.

CWG also said it had recently agreed terms with insurer AIG for the termination of the rental cover facility at 25 Bank Street for a payment of 144.5 million pounds related to the termination of Lehman's lease after the U.S. investment bank collapsed in 2008.

JPMorgan said in a separate statement it had also agreed to purchase 60 Victoria Embankment, which it had been leasing since 1991 for its Treasury and Securities Services division. It did not give a price for the deal.
http://www.moneycontrol.com/news/wor...er_506133.html

Quote:
JP Morgan Chooses London for European HQ

The Mayor of London Boris Johnson has today (Monday, 20 December) welcomed international banking giant JP Morgan's plans to base its European headquarters at a new building in the capital, providing a major boost to the City and reaffirming confidence in London's financial sector.

JP Morgan, which employs about 11,000 people across London, has confirmed it will purchase 25 Bank Street in Canary Wharf, a purpose built complex which was designed specifically for a global financial firm. The offices will house JP Morgan's entire investment banking division, which is currently spread across four separate buildings in the capital.

The bank has also confirmed it is committed to developing Canary Wharf's Riverside South area, providing future flexibility for its many other employees in the capital. The development comprises 1.9 million square feet of office space - which would make it more than twice the size of the HSBC Tower on completion.

The Mayor of London Boris Johnson said: "This is a tremendous coup for London and for the UK, which rightly reflects the prevailing confidence in the capital. "Banking is one of the few global industries in which we truly excel. The City contributes about nine per cent of Britain's GDP, and a whole wealth of professions and trades depend upon it either directly or indirectly.

"JP Morgan's commitment to London will help ensure the capital retains its position as a banking powerhouse, which drives the UK economy and attracts the brightest and best stars from the financial world."
http://www.freshbusinessthinking.com...or+European+HQ
__________________
Got one head for money and one head for sin..
PortoNuts no está en línea   Reply With Quote
Old December 20th, 2010, 11:11 PM   #273
aarhusforever
EU citizen
 
aarhusforever's Avatar
 
Join Date: Jun 2010
Location: Aarhus/Europe
Posts: 7,082
Likes (Received): 9117

Not dead - Great news
__________________
EUROPE - many states - one nation

Aarhus - the second largest city in Denmark

Aarhus...my Aarhus
aarhusforever no está en línea   Reply With Quote
Old December 21st, 2010, 12:17 AM   #274
spectre000
Moderator
 
spectre000's Avatar
 
Join Date: Jul 2008
Location: St. Paul
Posts: 7,906
Likes (Received): 5170

Excellent! I hope it doesn't stay at street level for long. But at least it won't be a pit anymore.
spectre000 no está en línea   Reply With Quote
Old December 21st, 2010, 12:24 AM   #275
desertpunk
Whiskey Tango Foxtrot
 
desertpunk's Avatar
 
Join Date: Oct 2009
Location: ELP ~ ABQ
Posts: 55,648
Likes (Received): 53452

JPM will build it. They'd be fools not to. Regardless of what use the project may be for them, the mere ability to build this much GLA in a market as tight as London's speaks for itself. And it won't wait until 2016. I suspect JPM is looking at financing alternatives so they can slough off some of the risk.
__________________
We are floating in space...
desertpunk no está en línea   Reply With Quote
Old December 21st, 2010, 12:59 AM   #276
yajohnsmith
Registered User
 
Join Date: Dec 2010
Posts: 10
Likes (Received): 8

guys, you should read the article again:

JPM said, they're going to build the basement levels until 2016. after that they're going to decide, what to do with the project. it is not even clear if they stick to the proposal or go for something completely different.

so whatever gets built there somewhere after 2016 ...it is most likely not the current project.

someone should change the title to Riverside South | 0m | 0fl and move it to another section, because this one is not going anywhere higher than that in next couple of years.
yajohnsmith no está en línea   Reply With Quote
Old December 21st, 2010, 01:25 AM   #277
PortoNuts
Registered User
 
PortoNuts's Avatar
 
Join Date: Apr 2008
Location: Porto
Posts: 23,935
Likes (Received): 7179

Foundations are built taking in account a specific building. They can't build whatever they please after the foundations are done. And it would be rather stupid for a major bank to be paying for all of this to then give it to CW Group.
__________________
Got one head for money and one head for sin..
PortoNuts no está en línea   Reply With Quote
Old December 21st, 2010, 02:52 PM   #278
adschi
Registered User
 
adschi's Avatar
 
Join Date: Sep 2010
Location: North Essex
Posts: 1,211
Likes (Received): 30

At least we've got confirmation it isn't completely dead.
__________________
My flickr.
adschi no está en línea   Reply With Quote
Old December 21st, 2010, 04:00 PM   #279
BodgeJob1
BANNED
 
Join Date: Aug 2010
Posts: 623
Likes (Received): 17

Quote:
Originally Posted by yajohnsmith View Post
guys, you should read the article again:

JPM said, they're going to build the basement levels until 2016. after that they're going to decide, what to do with the project. it is not even clear if they stick to the proposal or go for something completely different.
No...YOU should read the article again.

Basement level construction and completion will start immediately.

2016 is the date at which whatever they decide to build, must be completed by...

So, by 2016, either the 2 RS towers will have been built, or something else entirely...
BodgeJob1 no está en línea   Reply With Quote
Old December 21st, 2010, 04:08 PM   #280
cristof
Registered User
 
cristof's Avatar
 
Join Date: Feb 2006
Location: A'pen, LDN, NYC
Posts: 1,220
Likes (Received): 69

its great for London... i remember the tantrums about what if JPM chose Paris or Frankfurt lol...whatever these towers will be built i cannot imagine to let a giant hole like this in one of the most valuable area in town...and until 2016 lots of things gonna happen...
cristof no está en línea   Reply With Quote


Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity


All times are GMT +2. The time now is 12:39 AM.


Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2017, vBulletin Solutions Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

Hosted by Blacksun, dedicated to this site too!
Forum server management by DaiTengu