Research reveals over 230 new towers planned for London

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12 March 2014

Research carried out by GL Hearn, in partnership with the NLA, has found at least 236 tall buildings over 20 storeys are currently proposed, approved or under construction in London. Initial estimates originally placed the figure at 200.

This new trend for tall buildings will see 33 buildings between 40-49 storeys and 22 buildings of 50 storeys or more planned for London. Approval has been given for 48 per cent of the 236 towers and 19 per cent are already off the starting blocks and under construction. High-rise living sees the biggest surge, with 80 per cent of the towers planned as new residential blocks for the capital – a total of 189 new towers, potentially contributing to tackling London’s housing crisis. Tower Hamlets, traditionally one of London’s less affluent boroughs, is at the heart of the building boom as the biggest area of development, with 23 per cent of the projects being planned there alone. Central and East London are the focus areas for the most future developments with 77 per cent of the total planned tall buildings. Tower Hamlets, Lambeth, Greenwich, Newham and Southwark, have a combined total of 140 new towers, out of the proposed 236. Of the remaining towers, 18 are set to be office developments, eight hotels, 13 mixed-use and one tower is earmarked as an educational institute.

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