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The iconic Lloyd's of London building, designed by Lord Rogers, at One Lime Street, London, EC3, has been sold by DekaBank Deutsche Girozentrale to a closed-end German fund fronted by CLI Group, part of Commerzbank, for about £231m. DekaBank paid around £180m for the building in 1996 and has been looking for a buyer for over a year. - (09-02-2005)
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Lord Rogers, the architectural advisor to the Mayor of London has told the inquiry into the Heron Tower, proposed for 110 Bishopsgate EC2, that a failure to press ahead with the scheme would threaten London's future prosperity by discouraging investors from locating in London. The inquiry is expected to last another four weeks and the outcome is seen as a test case for the future development of tall buildings in London.
- (17-11-2001)
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British Land is thought to have acquired 51 Lime Street, London EC3 from Lloyd's of London. There is speculation that the building could be replaced with a 37,160 sq m (400,000 sq ft) office block and Foster & Partners is said to have been chosen by British Land for the redevelopment scheme. Built in 1958, 51 Lime Street was the headquarters of Lloyd's before it moved in 1986 to the headquarters building designed by Richard Rogers, now Lord Rogers. - (14-07-2001)
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The Royal Parks Agency is lobbying Westminster City Council to reject the plans for skyscrapers at Paddington. The RPA says that the proposed towers will have an intrusive effect on Kensington Gardens, Hyde Park and Regents Park and has demonstrated the possible impact with 'before' and after' illustrations. The RPA has stated that neither the Grand Union Building, by architect Lord Rogers, or The Station Tower by Nicholas Grimshaw for Railtrack, should be granted planning permission. - (23-11-2000)
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British Land and Stanhope are said to be in negotiations to buy 51 Lime Street, London EC3 from Lloyd's of London. There is speculation that the building could be replaced with a 37,160 sq m (400,000 sq ft) office block. Built in 1958 51 Lime Street was the headquarters of Lloyd's, before it moved to the head office designed by Lord Rogers, and now accommodates about 200 staff from Lloyd's legal and regulatory departments. The building is on the market through DTZ Debenham Tie Leung. - (13-11-2000)
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