The number of tall buildings planned for London has swelled to more than 500, with the potential to deliver more than 100,000 homes.
A survey by New London Architecture and GL Hearn found that 510 buildings over 20 storeys in height are currently in the pipeline, of which a record number –115 – are currently under construction.
More than 90 per cent (458) of the planned buildings are residential and could deliver 106,000 homes.
CREDIT New London Architecture_Tall Building Pipeline Greater London
Source: New London Architecture
Five boroughs account for more than half of the tall buildings that are planned or under construction: Tower Hamlets (85); Greenwich (70); Southwark (48); Hammersmith & Fulham (40); and Newham (39).
Inner London boroughs account for 363 (71 per cent) of the planned towers.
Seven boroughs have no tall buildings in the pipeline: Bexley, Enfield, Havering, Hillingdon, Kensington & Chelsea, Merton and Richmond.
There was a 30 per cent fall in completions last year, with just 18 tall buildings completed, down from 26 in 2016.
The research highlighted that tall buildings were typically taking three to four years to complete from start to finish, rather than two to three years as seen previously.
- There are now 510 tall buildings in the pipeline, up from 455 in 2016
- Around 106,000 homes could be delivered between the planned buildings
- 115 tall buildings are under construction
- It is taking longer for projects to get off the ground and the number of applications is down 10 per cent from 2016