22 Bishopsgate

22 Bishopsgate
22 Bishopsgate
22 Bishopsgate is located in Greater London
22 Bishopsgate
Location within Greater London
General information
StatusCompleted
LocationLondon, England, UK
Coordinates51°30′52″N 0°04′58″W / 51.5145°N 0.0829°W / 51.5145; -0.0829
Construction startedLate 2016 (redesign version)
Completed2020
Height
Roof278 m (912 ft)[1]
Technical details
Floor count62
Design and construction
Architect(s)PLP Architecture[2]
Structural engineerWSP[3]
Services engineerWSP[3]
Main contractorMultiplex
Website
https://22bishopsgate.com
References
[4]

22 Bishopsgate, also known as Twentytwo, is a commercial skyscraper in London, England. Completed in 2020, it occupies a prominent site in Bishopsgate, in the City of London financial district, and stands at 278 m (912 ft) tall with 62 storeys. The project replaces an earlier plan for a 288 m (945 ft) tower named The Pinnacle, on which construction was started in 2008 but suspended in 2012 following the Great Recession, with only the concrete core of the first seven storeys. The structure was later subjected to a re-design, out of which it became known by its postal address, 22 Bishopsgate.[4] It is the second tallest building in the United Kingdom and the seventeenth tallest building in Europe.

Under the original plans, The Pinnacle was to become the second-tallest building in both the United Kingdom and the European Union after The Shard, also in London. The Economic Development Corporation of Saudi Arabia and its development manager, Arab Investments, which largely funded the construction, invested £500 million in it in return for a majority stake in the structure.[5] However, the build was put on hold due to a lack of additional funding and letting commitments.

In 2013 it was reported that a review of the design and construction process, undertaken by original architects Kohn Pedersen Fox, agents CBRE and the developers, had been completed, with the building's "helter skelter" style exterior set to be retained.[6] In 2015, the site was sold to a consortium led by Axa Real Estate and a re-design with a simpler exterior, ultimately excluding the costly "helter skelter" shape, was submitted for public consultation before application for planning permission.

In April 2016, it was confirmed that property company Lipton Rogers and its joint venture partner, Axa IM – Real Assets, would complete the £1bn development in 2019. At 278 metres, the building was set to be the tallest in the City of London at that time and, due to potential loss of light to surrounding buildings, there had been objections to the development from several parties. However, City of London granted permission after considering the potential benefits of developing the building including the introduction of more floorspace to the area and the creation of new jobs.[7]

In 2017, plans were approved which redesigned the building and reduced its height further to 255 m due to concerns that the cranes used for its construction could interfere with the flight paths of the nearby London City Airport.[8][9] However, these plans were withdrawn after approval was granted for the previous 278-metre design.

  1. ^ "22 Bishopsgate – The Skyscraper Center". skyscrapercentre.com. Retrieved 1 March 2017.
  2. ^ "22 Bishopsgate". plparchitecture.com. Retrieved 18 November 2020.
  3. ^ a b Morby, Aaron. "Green light for London's 22 Bishopsgate tower | Construction Enquirer". www.constructionenquirer.com. Retrieved 24 October 2016.
  4. ^ a b "The Pinnacle Facts: CTBUH Skyscraper Database". CTBUH. Archived from the original on 27 May 2013. Retrieved 26 February 2012.
  5. ^ Norman, Paul (3 February 2012). "Pinnacle equity stake sale expected next week". CoStar UK. Archived from the original on 11 December 2013. Retrieved 4 September 2013.
  6. ^ "Pinnacle tower to keep 'helter skelter' design after review". building.co.uk. Retrieved 7 December 2013.
  7. ^ "Tower 42, Old Broad St., London, EC2N 1HN". www.rent-offices.com. Retrieved 7 April 2016.
  8. ^ Cite error: The named reference ES_5Dec2016 was invoked but never defined (see the help page).
  9. ^ Morby, Aaron. "22 Bishopsgate lowered over crane clash fear with planes | Construction Enquirer". constructionenquirer.com. Retrieved 27 April 2017.

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