Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

Severfield replaces William Hare on 22 Bishopsgate

Multiplex has lined up Severfield to replace William Hare on its 22 Bishopsgate job, Construction News understands.

William Hare was previously in line to construct the 62-storey tower’s steelwork, but main contractor Multiplex has now chosen to go with Severfield for the work.

It is understood Severfield is due to start work in mid-December, subject to final contracts being agreed.

Other subcontractors working on the project include Keltbray, which has been carrying out demolition and excavation work in the building’s basement, and Careys, which is constructing the tower’s concrete core.

Following the vote to leave the European Union in June, the main investor behind the project asked the scheme’s remaining backers whether they wanted to go ahead with construction of the tower.

According to Bloomberg, Axa Investment Managers-Real Assets gave the project’s co-investors three options: start construction this year as planned; delay; or sell it.

The other investors backing the scheme include Singaporean Temasek Holdings Pte, Canada-based Public Sector Pension Investment Board, and British Columbia Investment Management Corp.

The contentious skyscraper has also been subject to potential right-to-light legal claims, prompting the City of London to buy a stake in the project to stave off concerns.

The local authority sanctioned its acquisition of interest in the development at a council meeting on April 5 this year, using sections 227 and 237 of the Town & Country Planning Act 1990, overriding certain rights of third parties where land is acquired by a local authority for planning purposes.

This effectively prevented neighbouring property owners from blocking the project in the courts and allowed work to begin on the scheme.

The 22 Bishopsgate design replaced the previous Pinnacle scheme, for which construction began in 2008 before being suspended in 2012 due to the economic downturn.

The new designs include a 278 m-tall tower – 10 m lower than the previously approved scheme – with 130,000 sq m of office space. The high-rise office tower will also feature a restaurant and bar, retail space and a public viewing gallery.

Severfield has been contacted for comment, while Lipton Rogers, Multiplex and William Hare declined to comment.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.