Shell to move to Canary Wharf

Royal Dutch Shell have announced plans to move to Canary Wharf for the next ten years, whilst the Shell Centre headquarters in Waterloo are redeveloped.

The oil firm are currently negotiating a ten-year lease on 200,000 sq ft of office space in 40 Bank Street, which is close to One Canada Square, so that they will continue to have a working headquarters in London during the redevelopment. (more…)

What next for the regeneration of Waterloo?

3061243769_5462dc15d3The future of a trio of towers planned in Waterloo as part of a major regeneration scheme is now in doubt after plans were rejected last year following a public inquiry. The 1.5 million square foot redevelopment of the Elizabeth House site were turned down in October as secretary of state, John Denham, felt that they did not not fit in with the rest of the area.

John Denham argued that the towers would “materially detract from the size and importance of Big Ben by virtue of their bulk and disturbing aspects of design.” The three towers were often nicknamed the Three Sisters, although some saw them more as the ‘Ugly Sisters’. (more…)