100 Bishopsgate
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100 Bishopsgate consists of two mixed-use buildings in central
London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...
. The buildings are situated on the eastern edge of the
City of London The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London fr ...
financial district. Building 1 on the site is a 40-storey tower comprising five floors of each and 32 office floors of between . Building 2 is a seven-storey structure that was developed behind a retained façade, and houses restaurant and office floors of each. The developer was The 100 Bishopsgate Partnership, a joint-venture between Brookfield Office Properties (87.5%) and
Great Portland Estates Great Portland Estates plc (branded as GPE) is a British property development and investment company. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The firm switched to Real Estate Investment Trust status wh ...
(12.5%).


Site history

Along Bishopsgate, the 100 Bishopsgate site spans between St Ethelburga's Church and
Camomile Street Camomile Street is a short street in the City of London, the financial and historic centre of London. Description It is a westward continuation of Bevis Marks, linking that street to Houndsditch (via Outwich Street) and a junction with Bishops ...
, with Clerks Lane (or Clarks Lane) separating two portions. In 1993 the IRA exploded a large bomb in Bishopsgate, seven metres from St Ethelburga's Church. A number of surrounding buildings were badly damaged. A new building on the site was constructed, numbered 58, which included a public house, the ''Magpie and Punch Bowl'' which had operated at that location since 1839. The site was again renumbering to 86 Bishopsgate, and included a new public house, ''City House''. Subsequently, the buildings between St Ethelburga's and Camomile Street were demolished to make way for 100 Bishopsgate.


Planning and design

A planning application was submitted by Great Portland Estates in September 2006 for the redevelopment of a site located at 61 St Mary Axe, 80-86
Bishopsgate Bishopsgate was one of the eastern gates in London's former defensive wall. The gate gave its name to the Bishopsgate Ward of the City of London. The ward is traditionally divided into ''Bishopsgate Within'', inside the line wall, and ''Bishop ...
, 88-90 Bishopsgate, 12-20
Camomile Street Camomile Street is a short street in the City of London, the financial and historic centre of London. Description It is a westward continuation of Bevis Marks, linking that street to Houndsditch (via Outwich Street) and a junction with Bishops ...
, 15-16 St Helen's Place and 33-35 St Mary Axe. The scheme proposes a mixed-used development comprising two buildings of forty and seven storeys respectively. The main tower (Building 1) would be formed of five podium floors, each of , and 32 tower floors, each of . The form of the lower part of the tower is designed to resolve the complex geometries of the site; thus the lower floors are shaped as parallelograms and the upper floors are shaped as rectangles. The secondary building (Building 2) would be formed of seven storeys of each, providing restaurant and office space. A new public space of is situated in the middle of the site. The application was approved on 28 May 2008. In July 2011 the proposed height was increased by to .


Construction

Demolition of the buildings and infrastructure formerly on the site commenced in May 2011 and was completed later that year. The demolition work was complicated by the existence of six power substations on the site which needed to be kept operational until they could be bypassed. In May 2015, it was reported that building company T Clarke had agreed a revised contract for 100 Bishopsgate, with on-site activities scheduled to start in April 2016. Ground engineering work began on the foundations to prepare the project for construction.


Ownership and tenants

The developer is The 100 Bishopsgate Partnership, a joint-venture between Brookfield Office Properties (87.5%) and
Great Portland Estates Great Portland Estates plc (branded as GPE) is a British property development and investment company. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The firm switched to Real Estate Investment Trust status wh ...
(12.5%). In April 2010 Brookfield paid £43m for a 50% stake in the project. In October 2012 Great Portland Estates sold 37.5% of its 50% interest to Brookfield for £47.2 million leaving it with a 12.5% interest. In November 2015 Brookfield announced that they had let the first seven floors (250,000 sq. ft.) to the
Royal Bank of Canada Royal Bank of Canada (RBC; french: Banque royale du Canada) is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 17 million clients and has more than 89,000& ...
.


See also

* City of London#Landmarks *
List of tallest buildings and structures in London St Paul's Cathedral, built in 1710, was the tallest building in London at until it was overtaken in 1963 by the Millbank Tower at , which in turn was overtaken by the BT Tower which topped out at tall in 1964. In the 1960s and 1970s several h ...


References


External links


Official Website
{{Major Development Projects in London Office buildings completed in 2019 Skyscrapers in the City of London 2019 establishments in England 2019 in London