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The new design for the long-since-paused building known as the Pinnacle has gone on display at the site itself. The building will be named 22 Bishopsgate, without the reference to the Pinnacle, in keeping with its new identity. Of the original plans, only the already-constructed foundations and basements will be retained.
The display of new plans is ahead of the submission for planning permission, the original consent having been granted in 2007.
Following the halt to works in 2012, the purchase of the site took place earlier this year by an international consortium of investors, with AXA Real Estate at the helm and Lipton Rogers as development partner.
The new development will reach 278 metres – ten metres less than the original building would have been – comprising 62 storeys and 1.4 million square feet of internal space.
The building intends to break new ground in more ways than the literal. There will be a public restaurant, bar and viewing area, reached by a dedicated public lift. The plans include exercise facilities, 100 showers, on-site storage for more than 1,500 bikes, and laundry facilities, all for the anticipated 12,000 people it would accommodate.
The intention is to use an off-site delivery centre, to consolidate deliveries and reduce vehicle congestion, and it would be the first major London office building to do so. Sir Stuart Lipton, of Lipton Rogers, is determined the building should be the ‘finest working environment in Europe’, thanks to its technological advancement and focus on the staff who work there.
The exhibition will run until Saturday 20th June, 12–2pm and 4–8pm weekdays and 10am–4pm on Saturday.
This news was brought to you by Morgan Pryce, a specialist tenant acquisition agent with offices in Oxford Circus and the City. Morgan Pryce specialises in search, negotiation and project management and works exclusively for tenants.