Elevator World

City Of London’s Skyscraper Appetite Remains “Fierce”

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Sinopsis

Welcome to the Elevator World News Podcast. Today’s podcast news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com CITY OF LONDON’S SKYSCRAPER APPETITE REMAINS “FIERCE” A growing amount of empty office space and a push toward carbon neutrality have thus far failed to quell the City of London's "fierce" appetite for tall-building construction, with six skyscrapers taller than 145 m greenlit in the past few years, Architects' Journal reports. Three such towers were approved in the first few months of 2021, joining a previously approved trio that includes two taller than 250 m. Despite a "new normal" that includes working from home, skyscraper developers are bullish on the downtown London office market, with Patrick Wong, CEO at Hong Kong-based Tenacity, observing that building the "right building at the right time" is key. Tenacity is building the 50-story 8 Bishopsgate, which, like its neighbor 22 Bishopsgate, will have more than 10% of its floorspace dedicated to amenities. Beyond the standard