Article Abstract:
Architects Santiago Calatrava have submitted a plan to the City of London for the extension of the Britannic Tower to 204 meters in height. This development by Wates City would be the City's tallest building. However, the planning officer does not anticipate an influx of applications for tall buildings due to funding restraints whereby banks require a tenancy deal before they will lend money. Two other major planning applications are expected by the City of London and there is the possibility of the 92-storey Millennium Tower development from Foster and Partners.
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Article Abstract:
NatWest Markets has appointed project management concern CPC to manage the reorganization of its Broadgate headquarters building in the City of London. It is believed that the project, which will take around 18 months, will involve making extensive changes to NatWest Markets' office space. The work will include the installation of a new dealer space, a new IT system, new client reception areas and a new telecommunications system. NatWest Markets is one of a number of major office occupiers to have made decisions of this kind.
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Work on the rebuilding and refurbishment of Sadlers Wells Theatre in London, England, is not progressing very well, according to a report from chartered surveying firm Richard Ellis. This comes at a time when concern is growing about the ability of some new clients to handle lottery schemes. This scheme is receiving lottery funding of 40 million pounds sterling. Roger Spence, the in-house project manager, believes that the scheme is going smoothly.
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