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Old Posted Apr 4, 2010, 4:25 PM
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scalziand scalziand is offline
Mortaaaaaaaaar!
 
Join Date: Aug 2007
Location: Naugatuck, CT/Worcester,MA
Posts: 3,506

=Jan=

Supposedly the financing is nearly in place to ensure the completion of construction.

Quote:
Pinnacle Construction to begin soon

http://www.devono.com/News/Pinnacle-...soon/19035242/

Construction of ‘The Pinnacle’ skyscraper – also known as the ‘Bishopsgate Tower’ and the ‘Helterskelter’– is close to beginning thanks to an imminent funding package. The developer, Arab Investments, has arranged £550m of debt financing as well as £100m of equity from investors, totalling the £650m required to start work.