125 London Wall

Building in the City of London January 2014 August 2024 125 London Wall London Wall (geograph 1209044).jpg 125 London Wall pictured in 2009 London Complete Postmodernism London Wall London, EC 2 United Kingdom 51.5175 -0.0938 type:landmark_region:GB-LND inline,title 1990 14 October 1992 £175 million Blackstone 82 m ft on -1 18 385000 sqft m2 on 15 Farrells MEPC plc Arup 125 London Wall, also known as Alban Gate, is a postmodernist building on London Wall in the City of London. Along with Embankment Place and Vauxhall Cross (the SIS Building), it has been described as one of the three projects that established designer Sir Terry Farrell's reputation in the late 1980s-to-early 1990s period.Terry Farrell and Partners Resource for Urban Design Information http://www.rudi.net/books/12042 dead 19 August 2010 https://web.archive.org/web/20110716022009/http://www.rudi.net/books/12042 16 July 2011 dmy-all In 2004, writer Deyan Sudjic described it as "postmodernism at its most exuberant", placing it at number 5 in a list of Ten Triumphs of recent UK architecture.Sudjic Deyan Deyan Sudjic Peace in our time https://www.theguardian.com/artanddesign/2004/may/02/architecture The Observer 2 May 2004 19 August 2010 History The district was once the northeast corner of the Roman settlement Londinium. Though one of the oldest settled parts of the city, the area was devastated during The Blitz. It was redeveloped in the postwar decades according to modernist planning principles centred on the automobile. London Wall became an "unpleasant 1960s dual carriageway", a "mini-motorway which acted as divisively upon its surroundings as the old wall had".Marmot Alexi Ferster Worthington John Great Fire to Big Bang: Private and Public Designs on the City of London Built Environment 12 4 216–233 1986 0263-7960Davies 2013 103 The sites surrounding the roadway were developed under high-rise schemes including the Barbican Estate to the north. The site beside the road upon which Alban Gate was built was originally home to Lee House, a modernist office complex. In 1986, spurred by Margaret Thatcher's "Big Bang" deregulation of financial markets and the need for more large-floorplate modern office space, planning permission was granted for the demolition of Lee House.Yau Wilson Terry Farrell: Postmodernism and its Legacy http://www.ribablogs.com/?p=4335 RIBA 14 April 2015 17 October 2011 https://web.archive.org/web/20150414085336/http://www.ribablogs.com/?p=4335 14 April 2015 live dmy Design Construction of the complex began in 1990, and was completed in 1992 with 18 floors and a maximum height of 82 m ft on -1.125 London Wall, London Emporis http://www.emporis.com/en/wm/bu/?id=110717 https://web.archive.org/web/20040608051656/http://www.emporis.com/en/wm/bu/?id=110717 usurped 8 June 2004 19 August 2010 Architects Terry Farrell and Partners sought to bridge the urban barrier of London Wall by utilising the air rights over the roadway. The complex is composed of two twin towers, set at a 90-degree angle to each other, with one straddling London Wall itself and offering pedestrian passage via an arcade housing shops and restaurants suspended over the road. The other tower sits on a heavily modelled podium meant to repair the urban fabric, countering the "agoraphobia" and poor pedestrian circulation of the earlier 1960s modernist schemes.Davies 2013 105 The tower plinth and adjacent low romanesque block relate to the scale of surrounding buildings as well as shielding Monkwell Square, which had become a "service yard", from the motorway. Monkwell Square was redesigned and landscaped.Davies 2013 107 Though the towers are visually distinct, their floorplates are actually connected and share a central service core. The 18th floor of one tower houses a special meeting suite. Tenants The building is well known as the former UK headquarters of JPMorgan Chase, one of the world's leading investment banks.Notice regarding EU e-commerce information and UK Companies Act 2006 requirements JPMorgan Chase http://www.jpexfx.com/legal_disclosure.html https://web.archive.org/web/20090105175659/http://www.jpexfx.com/legal_disclosure.html dead 5 January 2009 19 August 2010 Nabarro LLP leased 138000 sqft m2 on in 2012.MacGregor Kristy Blackstone to buy City of London office Alban Gate for £300m http://www.devono.com/news/blackstone-to-buy-city-of-london-office-alban-gate-for-300m-19035952/ 14 April 2015 DeVono 10 April 2014 https://web.archive.org/web/20150923214015/http://www.devono.com/news/blackstone-to-buy-city-of-london-office-alban-gate-for-300m-19035952/ 23 September 2015 live dmy Most of the building now holds Lloyds Banking Group offices. Ownership In 2000, MEPC plc sold the building for around £160 million.Simpkins Edward MEPC sells £285m Bedfont Lakes https://www.telegraph.co.uk/finance/4489996/MEPC-sells-285m-Bedfont-Lakes.html The Daily Telegraph 22 April 2001 19 August 2010 In July 2010, it was part of a group of six landmark London properties sold to the Carlyle Group for £671 million following the default of Simon Halabi's property companies.Likus Anita Ainsley Thomson Carlyle Group Buys Six 'White Tower' Assets For GBP671M The Wall Street Journal 8 July 2010 https://www.wsj.com/article/NA_WSJ_PUB:BT-CO-20100708-707998.html 19 August 2010 October 2010 H3llBot In 2014, the building was purchased by Blackstone for £300 million.Brenton Hannah Carlyle completes £300m Alban Gate sale http://www.propertyweek.com/carlyle-completes-%C2%A3300m-alban-gate-sale/5069130.article Property Week 4 July 2014 Notes 2 Bibliography Davies Emma Collage and Context 2013 Laurence King London 9781780672755 Category:Office buildings completed in 1992 Category:Postmodern architecture in the United Kingdom Category:Terry Farrell buildings Category:JPMorgan Chase buildings Category:Skyscrapers in the City of London Category:1992 establishments in England