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CityPoint, the 36-storey skyscraper, on Ropemaker Street, London, EC2, is thought to be on the market and could be sold by the City of London Office Unit Trust (CLOUT) for around £500m. CLOUT was set up by Pillar Properties, now part of British Land, and Schroders, the fund manager, in 2001. CityPoint has about 52,675 sq m (566,993 sq ft) of office space and around 11,148 sq m (120,000 sq ft) of retail and leisure uses on the ground a lower floors. The building was built in 1967 and was named Britannic Tower, the former headquarters of British Petroleum. The building was re-named CityPoint after a major rebuild to a design by Sheppard Robson, which was completed in early 2001. - (28-08-2005)
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Save Britain’s Heritage (SBH) is setting out to save the western buildings at Smithfield Market from redevelopment plans by the Corporation of London. SBH considers that the impending fight to be as important at that for Covent Garden in the 1970’s. The General Market buildings, owned by the Corporation of London and designed by architect Sir Horace Jones, have been vacant for at least six years. Although the entire complex is within a conservation area only about 60% of the buildings are listed. Thornfield Properties is thought to be working up a planning application for office development supported by the Corporation. The site is part of a plan by the City of London to allow 1m sq ft (92,900 sq m) of development at the western end of Smithfield and the proposed Crossrail track will bisect the site. - (18-02-2004)
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Swiss Re can now progress the development of its new headquarters at the Baltic Exchange site in St Mary Axe, London EC3. Save Britain's Heritage withdrew its application for a judicial review to try and stop the redevelopment plans in the light on new evidence. - (15-10-2000)
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The Baltic Exchange is said to have pledged financial support to a legal challenge by Save Britain's Heritage to John Prescott's decision not to hold a public inquiry into the proposals to demolish the Grade II listed Baltic Exchange building in St Mary Axe, London EC3 and replace it with a Foster & Partners' designed skyscraper, nicknamed the 'Gerkin'. Save is understood to have just lodged an application to the High Court seeking leave to apply for a judicial review over the decision. - (01-10-2000)
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