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Hammerson Halt Bishops Place Construction Plans

Property developer Hammerson has put on indefinite hold their plans to build a new skyscraper at Northgate on the northern fringe of the City of London next to the Broadgate Tower.

Bishops Place is designed by Foster and Partners and featuring a whole cluster of buildings including a 161 metre tall tower but the scheme has proven controversial as it would originally have seen the popular Light Bar that occupies part of the site demolished if the developer had gotten the go-ahead.

Many locals in and around the Shoreditch area which they believe has a quirky and artistic vibe to it, also felt the development was a step to far and would ruin the local character.

The tallest building in the development was set to be a hotel and residential skyscraper with 51 floors. There was also a 126 metre tall 76,000 square metre office building planned along with a number of shorter residential and office buildings and a remodeled public space that would have connected the proposals more firmly with the Broadgate Tower to the immediate south.

The decision by Hammerson means that they will not be starting construction on the plans any time soon, although there is nothing to stop them from continuing to push the scheme behind the scenes and prepare it for take-off as and when the economic climate improves and for any property developer looking at the longer term, this is something they will always be bearing in mind.

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