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The Scalpel | City of London | 190m | 39 fl

1285567 Views 2716 Replies 418 Participants Last post by  SE9
So as not to keep cluttering up the Pinnacle thread; W.R. Berkley in talks with Kohn Pederson Fox (KPF) to design a new 40 story tower on 52-54 Lime Street (27 Leadenhall Street). W.R. Berkley are currently based at 40 Lime Street opposite the Lloyds Building and Willis building and have bought the land.

July 11, 2012 11:30 pm
US insurer to scale up European profile - From ft.com

Do you reckon they might want to build this on the Pinnacle site? They say next door to Lloyds and I can't think of any other locations?

A large US insurer has struck a deal with the City of London to build its own skyscraper, underlining the rapidly growing presence of international insurers in the Square Mile.

WR Berkley, which has a market value of $5.4bn, is understood to have agreed terms with the City’s planning authorities to construct a 40-storey tower next door to the offices of Lloyd’s of London.

WR Berkley is among the largest providers of insurance to midsized companies in the US. The company is scaling up its operations in Europe, with offices in Germany, Ireland, Spain and Norway. The agreement to build its own skyscraper follows a flurry of deals by US insurers to expand their office space in the centre of London, taking advantage of the shrinking of banks, which have long dominated the City office market.

In January, Aon signed a lease on 191,000 sq ft of office space in the nearby Leadenhall building, under construction and nicknamed the Cheese Grater. Meanwhile, Markel took up a 51,000 sq ft pre-let agreement last month on Land Securities’ 36-storey Walkie-Talkie building.

The building would become one of five skyscrapers under construction in the Square Mile, which, in contrast to the low levels of development outside of the UK capital, has seen a spike in demand for new office space. The buildings are expected to capture some of the demand arising from lease expiries and breaks, expected to hit 3m sq ft a year in the City until 2017.

However, the City is undergoing a transformation in terms of its occupiers. Many of the large investment banks have relocated to Canary Wharf, favouring the wide floor plates and ability to have all of their staff in one building. The cost of office space in the City is also a big driver. Prime office rents in Canary Wharf are at £36 per sq ft a year, compared with £55 per sq ft in the City.

The departure of many traditional occupiers has opened the door for other industries, such as technology, media and professional services businesses.

However, it is the rise of the insurance sector in the City market which has spurred on letting activity during the first half of this year. A recent report from CBRE, the estate agents, said that there are 13 insurers actively searching for a combined 1m sq ft of office space in central London.

http://uk.reuters.com/article/2012/0...86B0C220120712

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I'd love to see this silver paint the city is overrun with?
Excellent news.
I understand that an agreement with the City of London planning authorities has been reached to develop a 40 storeys skyscraper to replace the existing plain ugly low-rise buildings.
However, it seems that this new planned skyscraper falls into the sightline of St Pauls. I am therefore a little bit confused. Any clarification are welcome in that respect.
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Excellent news.
I understand that an agreement with the City of London planning authorities has been reached to develop a 40 storeys skyscraper to replace the existing plain ugly low-rise buildings.
However, it seems that this new planned skyscraper falls into the sightline of St Pauls. I am therefore a little bit confused. Any clarification are welcome in that respect.
Every tall building falls into a sightline of St. Pauls from somewhere. If we used this excuse every time, no buildings would go up in the City!
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we need some lights in the city, i.e buildings that light up beautiful, something like this, hope we get some lights !

http://upload.wikimedia.org/wikipedia/commons/c/c8/Flame_Towers_2.jpg
Which sight-line must it avoid? Is there a map/site to see it?
Apparently renders are coming out next week!!
KPF's work is quite nice, so this is promising. This is a nice tower they did in Italy.

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This is an interesting report I found which talk's about the site and gives some interesting data about it:

http://www.dracoproperty.com/52-54 Lime Street & 27 Leadenhall Street.pdf
This is an interesting report I found which talk's about the site and gives some interesting data about it:

http://www.dracoproperty.com/52-54 Lime Street & 27 Leadenhall Street.pdf
Is that a conformed render on page 26 & 27? I thought they would redevelop the building next to it too ie the whole northern area of the 'block'.
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Is that a conformed render on page 26 & 27? I thought they would redevelop the building next to it too ie the whole northern area of the 'block'.
I hope not :

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i like it but its not 40 floors
it would be nice to have a roof garden on top tho
According to this http://www.hayesdavidson.com/LaL/lvmf2009flashmap/ it is in the sightline from St James park. http://www.singleaspect.org.uk/wp-content/uploads/2010/12/spauls_views.jpg has sightlines for St Pauls which don't include this site. What (/whose) policy is the Fleet St sight line?
Hmm, this thread needs a tweak to the subject, methinks! "10 fl"
This is an interesting report I found which talk's about the site and gives some interesting data about it:

http://www.dracoproperty.com/52-54 Lime Street & 27 Leadenhall Street.pdf
That PDF is dated February 2011. Looks like an old proposal. Still has some interesting information though.

average floor to floor height for such an office tower is actually 4.1 metres.
Is that including lobby’s, plant floors and architectural features into the average? 165 meters sounds about right when looking at the original proposal height for 100 Bishopsgate, but this site is much more constrained both in foot print and because of the sight line. I think whatever is proposed will be over the 170 meter mark because of this.
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That rendering is just an old illustration ...
Lol only Delores could complain about a square with LLoyds, 122LH, The Gherkin and hopefully the Pinnacle popping into view shared with a 500 year old Church and call it a dark canyon.:lol:

The current buildings , built in the 1950's are nothing special and given the choice I think a 190m tower would trump them any time. The vast majority of buildings built in the City post war (including most proposals today) are stone framed and most are mundane and dire. Most of the decent Stone buildings are in conservation areas and listed so its not as if the City is about to be overrun by canyons of dark glass and silver paint any time soon.
+1
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From fleet Street, this tower will be hidden by St Pauls itself.
That rendering is just an old illustration ...
The rendering is included in a property sales document designed to illustrate to potential purchasers the form and scale of redevelopment currently possible. that's all - its simply a schematic prepared by KPF. If the new site owners have subsequently agreed (in principle) a 40 floor office building for the site with the City of London, then they have negotiated very well and significantly increased the development potential and value of the property. It may well be that because KPF were familiar with the site in c.2010m that this may be the reason why they were engaged to prepare a design for a 40 floor high rise.
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I thought renders were supposed to be released this week? I hope that tiny glass box is not the "40floor" building
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