The number of skyscrapers being built in London has exceeded 500 for the first time, raising fears of further damage to the capital’s skyline and more Grenfell Tower-style disasters.
Start your free trial today
Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.
Including:
- Breaking news, interviews and market updates
- Expert legal commentary, market trends and case law
- In-depth reports and expert analysis
The number of skyscrapers being built in London has exceeded 500 for the first time, raising fears of further damage to the capital’s skyline and more Grenfell Tower-style disasters.
There are 510 towers of more than 20 storeys under construction or in the planning process, more than ever before.
That is a rise of 12% on a year ago, according to the annual report by GL Hearn, the property consultancy, and New London Architecture, using data from Radius Data Exchange.
A record 115 towers are already under construction, up from 91 in 2016, but the number of applications is down by 10%.
The Telegraph, which maps the buildings, says the tallest of these buildings is the Landmark Pinnacle (also known as City Pride Public House) in Canary Wharf.
With construction beginning in 2016, the 75-floor project by Chalegrove Properties is set to be the tallest residential building in Europe upon its completion, which is forecast for 2019.
Click here for the full Times article (£)
Click here for the full Telegraph article (£)
Click here for the full Guardian article