125 Old Broad Street, formerly known as the Stock Exchange Tower and still often referred to as such, is a high-rise office building in London, located on Old Broad Street in 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 f ...
financial district.
For over 30 years the Stock Exchange Tower was the home of the
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St P ...
, until the latter's relocation to
Paternoster Square
Paternoster Square is an urban development, owned by the Mitsubishi Estate, next to St Paul's Cathedral in the City of London. The area, which takes its name from Paternoster Row, once centre of the London publishing trade, was devastated by ...
in 2004.
History
Standing at tall with 26 floors, the Stock Exchange Tower was completed by
Trollope & Colls
Trollope & Colls was once one of the United Kingdom's largest construction companies.
History
The Company was formed in 1903, out of the merger of ''George Trollope & Sons'' (founded by Joseph Trollope, a wallpaper hanger, in 1778) and ''Colls & S ...
in 1970 and officially opened by
Queen Elizabeth II on 8 November 1972.
It served as the headquarters, offices and trading floor for the
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St P ...
until the exchange departed for new premises in nearby
Paternoster Square
Paternoster Square is an urban development, owned by the Mitsubishi Estate, next to St Paul's Cathedral in the City of London. The area, which takes its name from Paternoster Row, once centre of the London publishing trade, was devastated by ...
in July 2004. Face-to-face trading was conducted on the trading floor of the exchange until it was abolished in favour of electronic trading in the October 1986 deregulation of the London Stock Exchange known as the '
Big Bang'.
On 20 July 1990, the
Provisional IRA
The Irish Republican Army (IRA; ), also known as the Provisional Irish Republican Army, and informally as the Provos, was an Irish republicanism, Irish republican paramilitary organisation that sought to end British rule in Northern Ireland, fa ...
exploded a bomb inside the tower, causing its evacuation. The bomb destroyed the public viewing areas in the building which subsequently closed in 1992. It was also evacuated on 11 September 2001, after
the terrorist attacks on the
World Trade Center
World Trade Centers are sites recognized by the World Trade Centers Association.
World Trade Center may refer to:
Buildings
* List of World Trade Centers
* World Trade Center (2001–present), a building complex that includes five skyscrapers, a ...
in New York City.
Renovation
The building underwent a major renovation which saw its pre-cast concrete façade reclad in a glass
curtain wall, and thousands of square metres of additional office space created, including a new 10-storey building at No. 60
Threadneedle Street
Threadneedle Street is a street in the City of London, England, between Bishopsgate at its northeast end and Bank junction in the southwest. It is one of nine streets that converge at Bank. It lies in the ward of Cornhill.
History
The stree ...
, a six-storey wing to the east, and a single-storey wing to the northwest. As part of the renovation, the floor plates were extended beyond the perimeter of the original building to give more overall space. The renovation scheme was designed by Grimshaw Architects.
The building has 11 passenger lifts and one goods lift, as well as firefighting lifts and vehicle shuttle lifts.
Image:The Old Stock Exchange 1983 - geograph.org.uk - 3194031.jpg, The Stock Exchange Tower pictured from atop the National Westminster Tower (1983).
Image:LSE 1.jpg, The Stock Exchange Tower before the recladding (1990s).
Image:London_stock_exchange_reclad_1.jpg, The recladding in progress (May 2007).
See also
*
Tower 42
Tower 42, commonly known as the NatWest Tower, is a skyscraper in the City of London. It is the fifth-tallest tower in the City of London, having been overtaken as the tallest in 2010 by the Heron Tower. It is the fifteenth- tallest in Lond ...
*
Tall 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
Emporis.com*http://www.125oldbroadstreet.info/
Skyscrapers in the City of London
Buildings and structures in the City of London
Redevelopment projects in London
London Stock Exchange
Skyscraper office buildings in London
Office buildings completed in 1970
Buildings and structures completed in 1970
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