The Heron Tower has topped out, with Heron chief executive Gerald Ronson saying that he believed the 202m tower had come to the market at the right time.
Mr Ronson said: “It has taken a little longer than expected, but we are now less than 50 weeks away from completion. Whether by luck or judgment, we’ve come to the market at the right time.”
Contractor Skanska’s global CEO Johan Karlström spoke before the ceremony, as did the Lord Mayor Nick Anstee, as a host of figures from the construction and property world were invited to look inside the tower.
The construction job was carried out by Skanska. Subcontractors include: Byrne brothers for the concrete; Severfield-Reeve for the steel; Skanska Rashleigh Weatherfoil for services; and Scheldebouw for the cladding.
The total construction cost is £242 million. Complete with mast it will reach 230m, and is set to be the tallest building in the City when it is complete.
The building will provide 134,000 sq m of office space with a public restaurant and skybar.
Close to Liverpool Street station, Heron Tower will also include the biggest aquarium in any commercial building and 10 high-speed double-decker lifts.
The tower, designed by Kohn Pedersen Fox, also includes several environmental features and has achieved an ‘excellent’ BREEAM rating.