Monday, September 17, 2012

The Tallest City In Europe

Born on September 14, 1957, Renzo Piano was always critical of tall buildings, claiming that they were merely an investment in one's ego. This, however, has changed with the architect's redesign of Southwark Towers in London. The Shard, a 1,016 foot tall structure, now stands in its place and is being touted as the tallest building in Europe.
Dresses entirely in 11,000 panes of glass and built on an irregular pyramidal base that tapers through the height of the building's spire, Piano conceived of The Shard as a building that would combine public and private spaces and form an energetic and thriving community.
In his words, "I foresee the tower as a vertical city, for thousands of people to work in and enjoy, and for millions to take to heart in."
True to that vision, the Shard will house a mix of residents: the UK's first Shangri La hotel, 10 apartments, retail space, restaurants, luxury residences and a five-storey public observation deck on the 72nd floor from where visitors can admire views of London from the tallest spot in the city.
The first 28 floors will serve as premium office space, and because the building has been financed by Shariah compliant investments from its Qatari investors, it is unlikely that businesses connected to the alcohol or gambling industries will be granted leases.
Additionally with regards to commercial occupants, the developers, Seller property, have started, "We are being very selective. We don't want one single, overbearing occupant, we want a mix of media, finance companies, etc." Commercial leases are currently going for up to 70 pounds per square foot.
the Shard forms part of a larger complex knows as the London Bridge Quarter which includes a shorter building known as London Bridge Place built next to the tower. Major improvements to the surrounding rail and subway station are underway and the area as expected to include a public pizza, museum and other businesses. If everything goes as planned The Shard may well serve as the herald of London's future.

1 comment:

  1. hello

    i have never thinking about al these kind of stuff but i really appriciate to all the reader of this blog because they all have great mind to think about this major topic in financial field thanks to share thier expirances with us.


    Depository trust & clearing corporation


    ReplyDelete