"Although
the tone and general thrust of the article was correct it did give
the impression that we were going to go out tomorrow and build at
least another seven skyscrapers. Unfortunately life is not that easy.
As
somebody who has worked in the City for well over 30 years I find
its blend of old and new and human scale of the building very attractive
and unique in terms of a major world financial centre. There are many
constraints imposed on us from outside which, bearing in mind our
2000 year history, twenty six conservation areas covering 34% of the
City, five hundred and fifty odd listed buildings and two World Heritage
Sites, its probably not surprising. these are viewed as national assets
and rightly so. Any construction in or adjacent to these areas is
subject to review by a number of bodies, including English Heritage
and can be ''called in '' by the secretary of state if seen to be
contradictory to conservation policy.
Despite
these restrictions we have redeveloped over 35% of floor space in
the City over the last 10 years and currently have under construction
nearly 8 million sq ft of space, equivolent to six canary Wharf Towers.
I think it is fair to say that the facts contradict the critics who
always like to portray the City as decaying institution.
Tall
buildings, or skyscrapers, which I would take to mean around 200metres
in height, or around the height of the Nat West tower, have further
restrictions to contend with in protected views of St. Pauls from
eight vantage points around London shortly rising to eleven. Any contravention
of those height limits would automatically trigger formal review and
public consultation, something no developer wishes to take on.
In
broad terms the east of the City offers the best area for development
of tall buildings and the preferred route is to cluster them near
existing tall buildings rather than have them randomly scattered across
the skyline. I cannot be any more specific than that as obviously
any information I give could have implications for property values
and sensitive issues for our neighbouring boroughs. I can say that
the development of the old Baltic Exchange site may, if submitted,
provide a marker for other developments.
Buildings
in excess of 200metres I suspect will not be developerd simply because,
as with the proplosed Millennium tower, the effect on the skyline
for all London brings in a totally new range of problems. We cannot
plan in isolation and have to develop policies that will work with
our near neighbours as well as the statutory bodies involved with
conservation and sustainability.
Undoubtedly
the new Mayor for London and Assembly could pose longer term problems
as they will already have to be consulted on buildings in excess of
75metres tall or 20,000sq metres in size. This would effect over 50%
of our planning applications. The new mayor will have the power currently
excersised by the secretary of state, to call in any developments
above those limits that do not fit with his/her overall strategic
planning policy for London. Let us hope we have a sensible Mayor and
not another tired politician with a political agenda that would hurt
the City.
Finally
i should point out that the Corporation does not develop itself and
therefore any proposed new building has to come from the private sector.
Not all businesses want vertical space as many find horizontal space
easier to plan internal configurations. Even though we would welcome
more high buildings it does not follow that they will eventually be
built.
Over
the next few years I suspect the main debating point will be the virtues
of City working against home or mobile working through internet and
e-commerce. Interesting that one firm of major accountants, in their
audit section has one desk per nine employees! Hot desking and Hot-telling
are certainly here to stay and will change demand por property in
ways we can not yet determine.
What
we have to do is listen to our customers and act quickly and flexibly
to changing demands, whatever form they take.
I
hope my comments have been of some help
Yours
sincerely,
Stuart Fraser"