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Will we ever reach the Pinnacle? Skyscraper boom crashes to earth

from The Independent

When Boris Johnson inaugurated The Shard, the Mayor hailed Britain's tallest skyscraper as 'a symbol of how London is powering its way out of the global recession.' But The Shard has yet to secure its first tenant whilst six other landmark additions to London's skyline may now never be built, developers have warned, as a mania for ever-taller buildings comes crashing to earth. A sluggish property investment market has brought plans to build six ambitious new testaments to the capital's supposed economic self-confidence juddering to a halt. Construction of 100 Bishopsgate, a 172 metre skyscraper, planned to be the tallest in the City of London, is among those which have been postponed or cancelled, a BBC investigation found. A lack of advance tenants has frustrated the builders. more


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