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(Bloomberg) A Plan to Build the tallest Skyscraper in the City of London regains Momentum
A plan to build a skyscraper near Liverpool Street railway station, slated to be the tallest in the City of London, may be revived this year as rising occupancy rates in the financial district draws investors, according to Peter Rees, the City’s former planning officer.
Work on the Pinnacle, an office tower designed to have a height of about 288 meters (945 feet), was halted in 2012 after the economic crisis roiled financial markets.
“There is a will to go forward, there is a demand for the space and there’s no difficulty at all in finding funding to build the project,” Rees said in a March 21 interview ahead of his retirement last week.
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