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Architect Hadid's £5m London building scrapped

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."

To read this story in full go to The Architects' Journal