GL Hearn presents results of Tall Buildings Survey 2015

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25 June 2015

GL Hearn and New London Architecture presented the results of the 2015 Tall Buildings Survey at a joint seminar hosted by The City Property Association (CPA) and Westminster Property Association (WPA), with the support of the Canadian High Commission. The event was held on Thursday 25th June at Canada House in London.

The annual Tall Buildings Survey highlights the boom in tall buildings in recent years, with nearly 300 towers currently forecast to go up in the city. This latest data reveals that 263 tall buildings over 20-storeys have been proposed, approved or are under construction within Greater London. This figure includes 76 buildings already proposed or in the planning system, 117 with planning approval (but not yet on site) and the rest are under construction.

As London faces an all-time population high of 8.6 million people, and a continuing housing crisis, 62 of the 70 towers currently under construction are residential and could provide approximately 14,800 new homes for the capital. The majority of all towers in the pipeline will be built primarily for residential use.

James Cook, Head of London Residential Planning at GL Hearn and Debbie Whitfield, Director of New London Architecture presented the survey findings.

James Cook, Head of London Residential Planning at GL Hearn said:

“It is difficult to say how many of these tower projects will get built, but with nearly 27% under construction, and more than half with planning permission, it is clear that this phase is very real. Whilst tall buildings will not be appropriate in all locations, we cannot simply freeze the capital’s skyline forever. Our research will not only help to explore the various options available, but will also show how London’s property sector can prepare for the challenges and opportunities that the capital now faces.”

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