Plans to build the capital’s first timber skyscraper took a step closer to reality earlier this month after researchers presented Mayor of London Boris Johnson with theoretical plans for an 80-storey building.
An architects image of the 80-storey building
Property developer Richard Carr is pleased to see the UK leading the way in new construction techniques, having felt that it had been left behind by the likes of China and Dubai.
Currently, Bergen, Norway is the home of the world’s largest tallest timber building, which is a 14-storey apartment block.
The plans shown to Boris Johnson are for an 80-storey, 300m high wooden building, which would easily take that title!
Researchers from Cambridge University have teamed up with a group of engineers and architects to develop the plans for the building, which would integrate with the Barbican.
The building certainly does push the boundaries of construction and if the plans are approved it would become the second tallest building in London after The Shard.
Today, on Richard Carr’s Commercial and Residential blog, he looks at the initiative launched by City Hall and Transport for London last month that will see Londoners become shareholders in a raft of major property developments.
Taxpayers to own 50 sites
TfL’s Head of Commercial Development, Graeme Craig, explained that taxpayers will form a series of joint ventures to redevelop 50 sites owned by Tfl.
This is another example of the UK using its initiative to help get the country building again, whilst also easing the demand for housing.
TfL owns arguably the capital’s largest and most valuable property portfolio, which spans more than 5,700 acres. Instead of selling off land or development rights above stations, TfL plans to retain an interest in sites being redeveloped as it aims to generate £3.4bn in commercial revenue over the next decade.