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Canary Wharf is thought to be about to unveil its scheme for two office towers providing 4m sq ft on a site at Riverside South and North Quay. The towers have been designed by the Richard Rogers Partnership and Cesar Pelli and will be part of an office, residential and leisure complex. A planning application will be submitted for the scheme but development is unlikely to take place until tenants have been identified. - (10-02-2003)
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Canary Wharf has agreed the biggest single lease transaction in central London in its 93,000 sq m (1,001,052 sq ft) deal with Lehman Brothers, the US investment bank. Lehman Brothers will take the Cesar Pelli designed 30-storey HQ2 building, now under construction at Heron Quays, London E14, at a rack rent of £441.32 sq m (£41 per sq ft). Lehman Brothers will occupy the building in late 2003 and vacate about 40,000 sq m (430,560 sq ft) at Broadgate in London EC2. Insignia Richard Ellis advised Lehman Brothers on the transaction. - (06-04-2001)
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The new towers for HSBC, designed by Foster & Partners, and Citigroup, designed by Cesar Pelli, at Canary Wharf, London E14 were topped-out yesterday. The towers will be about 100ft shorter than One Canada Square, the 50-storey skyscraper, which remains the tallest office building in the UK. Citigroup will move to its new building at 25 Canada Square (DS5 building) in September this year and HSBC to 8 Canada Square (DS2 building) in February 2002. - (08-03-2001)
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Lehman Brothers, the US investment bank, has confirmed that it is to move its European headquarters to the HQ2 building at Heron Quays, Canary Wharf, London E14. The building, designed by Cesar Pelli, is due for completion in August 2003. HQ2 is planned as a 30-storey 95,081 sq m (1,023,444) sq ft tower and Lehman Brothers is said to have an option to extend the building by linking with HQ1 of 26,955 sq m (290,141 sq ft). Lehman Brothers is advised by Insignia Richard Ellis. - (19-02-2001)
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Credit Suisse First Boston has agreed Heads of Terms to lease a further 46,451 sq m (500,000 sq ft) of office space at 5 Canada Square (site DS1) Canary Wharf, London E14. DS1 is currently under construction and the architect of the 14-storey tower is Skidmore Owings & Merrill (SOM). The new office space is due to be due for occupation in spring 2002. The leasing of building will mean that CSFB has 1.8m sq ft at Canary Wharf in seven buildings. In 1999 Bovis Interiors carried out the fitting out work for CSFB at its Columbus Courtyard office. Once CSFB has signed a binding agreement on the Canada Square building the pre-let will prompt the speculative construction of HQ3, a 32-storey tower, designed by Cesar Pelli, that will provide 55,741 sq m (600,000 sq ft) of office space. - (09-11-2000)
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