Riverside South (Canary Wharf) facts for kids
Quick facts for kids Riverside South |
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![]() Artist's impression of how Riverside South will appear upon completion.
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General information | |
Status | Proposed |
Location | Canary Wharf London, E14 United Kingdom |
Coordinates | 51°30′14.8″N 0°1′35.7″W / 51.504111°N 0.026583°W |
Completed | 2016-17 |
Owner | JP Morgan Chase |
Height | |
Roof | 236.64 metres (776 ft) 185.84 metres (610 ft) |
Technical details | |
Floor count | 45 and 37 |
Floor area | 279,075 m2 (3,000,000 sq ft)(Gross); 165,727 m2 (1,780,000 sq ft)(Net Lettable) |
Design and construction | |
Architect | Rogers Stirk Harbour + Partners |
Developer | JP Morgan Chase |
Structural engineer | Halcrow Yolles |
Main contractor | Canary Wharf Contractors |
Riverside South is a plan for a very tall building in Canary Wharf, London. Canary Wharf is a busy business area. This building was meant to be an office for a big bank called J.P. Morgan & Co.. They even started some work underground by 2014. J.P. Morgan bought the land for a very long time (a 999-year lease means they could use it for almost a thousand years!). But now, J.P. Morgan has moved into a different building nearby. We don't know yet what will happen with the Riverside South project.
Contents
Planning the Riverside South Project
The company planning Riverside South is J.P. Morgan & Co.. They bought the right to use the land for 999 years. This happened in November 2008 from the Canary Wharf Group.
The building site is on the west side of the Isle of Dogs. It is right next to the River Thames. This area is one of the few places in London where very tall buildings can be built.
Original Building Plans
The first idea for Riverside South was two buildings. One would be 214 metres (702 ft) tall. The other would be 189 metres (620 ft) tall. These designs were made by the Richard Rogers Partnership. The plans were approved in the summer of 2004.
Newer Building Plans
In April 2007, the Canary Wharf Group wanted to make the project bigger. They asked for permission to add 36,420 m2 (392,000 sq ft) more space. This would make the total space 327,255 m2 (3,522,540 sq ft).
The plans also changed the height of the towers. Tower 1 was made taller, from 214 metres (702 ft) to 235.64 metres (773 ft). Tower 2 was made a little shorter, from 189 metres (620 ft) to 185.84 metres (610 ft). The building connecting the two towers also grew. It went from 47 metres (154 ft) to 72 metres (236 ft).
The London Borough of Tower Hamlets approved these new plans on June 21, 2007. Later, in October 2008, a small change was made. The middle building's height was reduced by 9 m (30 ft).
How Tall Will It Be?
The taller tower of Riverside South could become the tallest building in Canary Wharf. It would be one metre taller than One Canada Square. However, One Canada Square is built on higher ground. So, it might still look taller in the skyline.
When finished, the whole Riverside South project would have the longest river view in London. It would also be one of the largest office buildings in Europe.
Construction Progress
In early 2007, JPMorgan thought about moving their London offices here. They had many offices in the City of London. At first, they decided to stay in the City. But in August 2008, they changed their minds. JPMorgan announced they would move to Riverside South.
In November 2008, JPMorgan signed a deal. They bought the 999-year lease for the land. This cost them £237 million.
Work Begins and Stops
Canary Wharf Contractors Limited started building the basement. This part of the work goes up to ground level. Work on the basement for Tower 1 began in July 2009. Concrete was poured for the foundations. Two large crane bases appeared on the site in September 2009.
However, work on the project stopped in 2010. In December 2010, JPMorgan said they would move their staff to 25 Bank Street. This is a smaller building in Canary Wharf. It used to be the office for a bank called Lehman Brothers.
JPMorgan plans to finish the building up to street level. After that, they will decide what to do next. They are now holding the site as an investment. In April 2012, JPMorgan confirmed they would complete the street-level work. This work was set to start in May 2012 and last for 12 to 16 months.
As of April 2014, the basement levels are complete. But it is still not clear if JPMorgan will build the rest of the towers.
See also
In Spanish: Riverside South para niños