A £5 million scheme which would have seen architect Zaha Hadid's first permanent building built in England – has been axed.
Rowan Moore, director Architecture foundation, which was due to be head-quartered in the new building on the eastern edge of Land Securities' Bankside 123 development, blamed the decision on the UK's 'dramatically changed economic and fundraising climate'.
He said: "The design had been developed to a high level of detail. However, fit-out and future running costs combined with the changed fundraising climate meant the board of the AF felt that it was not the right time to go ahead with this."
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