Pinnacle Helter-Skelters towards Start
After years of twists and turns, one of
the City of London’s longer running development sagas looks to be drawing to a positive conclusion. Axa Real Estate, in partnership with Lipton Rogers
and an undisclosed third party, have drawn up plans to purchase the stalled
“Pinnacle” development (aka the Helter
Skelter) at 22 Bishopsgate, EC2.
A price
of £300 million will be paid for the site and part completed core (labelled “The Stump”). The
existing core will be demolished and a radical new £1 billion skyscraper designed and constructed.
Standing at 60 storeys, it will
be taller than the Shard, the City’s present tallest building.
For
further discussion please contact David Alcock or Chris Sutcliffe.
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