Canary Wharf Shareholders Invest £400m for ‘Strategic Repositioning’ Plans
Brookfield and the Qatar Investment Authority, which own Canary Wharf Group, have committed to invest £400 million to help complete “the strategic...
Read Full ArticleThisWeekinFM’s high-performing buildings roundup includes new plans for the Square Mile’s third tallest tower, a new life sciences building at Canary Wharf and a reimagination of the Olympia exhibition hall.
This month, The City of London Corporation Planning Applications Sub-Committee approved planning permission for a new skyscraper in the City of London.
Standing at 285 metres tall and featuring 800,000 sq ft of workspace across 60 floors, 55 Bishopsgate is planned to be one of the first all-electric tall buildings in the UK.
It will also feature a free to visit public rooftop, with a biodiverse climate-resilient garden for relaxation, events and educational opportunities and an external platform at the summit, offering 360-degree views of London.
Demolition of the existing site and subsequent construction works are expected to begin in 2024 and complete in 2029.
Canary Wharf Group and Kadans have secured planning approval from Tower Hamlets Council for the development of a commercial health and life sciences building at the North Quay site, adjacent to the new Elizabeth Line at Canary Wharf.
The 23-storey 823,000 sq ft tower will set a new benchmark in the development of life sciences laboratories and workspace, creating a first of its kind vertical campus, which will be Europe’s largest and most technologically advanced life sciences facility.
A low-carbon strategy has been implemented across the development, which includes highly insulated and airtight building fabric, with an optimised façade, energy efficient MEP systems and the provision of renewable sources and highly efficient photo voltaic panels.
Energy efficiency is at the forefront of the building’s design, adopting the industry leading NABERS UK Design for Performance approach to optimising operational energy use.
In comparison to conventional commercial buildings or lab enabled offices, the vertical campus provides enhanced fresh air, power, data and ceiling heights in comparison to a traditional commercial lab building.
Work on the 3.3-hectare site is well underway and the building is anticipated to complete in 2027.
Picture: a CGI of the proposed exterior of the North Quay Development. Image Credit: Canary Wharf Group
SPPARC and Heatherwick Studio want to turn Olympia, an iconic exhibition hall in London, into a “people’s palace”.
The £1 billion project received planning approval by the London Borough of Hammersmith and Fulham in January 2019. It is set to feature London's largest permanent theatre to open since the 1970s, a 4,000+ capacity music venue, a creative arts school for 450 children, offices, gardens, a public plaza, hotels and restaurants.
The project looks to open up the site, which is currently only accessible to the public by purchasing a ticket to an event or by visiting the only restaurant on site. By opening public access to the site, it is hoped Olympia will become a vibrant place for the local community.
Picture: a semi-aerial view of Image Credit: City of London Corporation
Article written by Ella Tansley | Published 25 July 2023
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