Numerous planned projects have been hit hard by the recession, with no better of an example being
‘The Pinnacle’ which has been plagued by financial problems resulting on the project being put on hold. As I’m
writing this blog article, work has currently been completely halted at the site of construction. This and the
planned construction of ‘The Columbus Tower’ at Canary Wharf are the two highest profile buildings that are
currently been put on hold.
‘The Beetham Tower’, or ‘Boomerang’ as people seem to be dubbing it, is an impressive structure set to be built near Blackfriars. The structure, slating to cost £1billion, will be a 53 storey block with 64 high class palatial style apartments and a 261 room hotel. There will also be a Shard-style viewing gallery at the top – which is
sure to become a major tourist attraction after the success of the Shard.
The London area of Stratford is due for a facelift with numerous high profile construction planned for the future including the ‘Manhatten Loft Gardens’ project and the ‘Spirit of Stratford’, dismissing rumours that Stratford would become a sort of ghost town after the Olympics.
And lastly, Gherkin architects Rogers Stirk Harbour + Partners also have a new project in development named ‘360 London’ in Elephant & Castle which is well worth looking out for.