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  #41  
Old Posted May 5, 2008, 7:46 PM
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it kinda looks like a futuristic transamerica pyramid
     
     
  #42  
Old Posted May 15, 2008, 9:25 AM
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Exclamation

Oh Jesus...


http://www.cnplus.co.uk/News/2008/05...50m_shard.html

Shard busts budget

Published: 14 May 2008 15:56 Author: David Rogers

Mace has been given more time to work up costs on plans for London's tallest building after blowing its £350 million budget by more than 10 per cent.

The firm was due to have delivered cost details on the Shard of Glass to developer Teighmore yesterday. The proposal was timed to coincide with the arrival of a delegation of investors from the Qatari banks funding the scheme, which have insisted on a £350 million fixed-price contract.

The current figure is understood to be around £400 million. Mace now has until the end of the month to get the figure down - although it is expected to be still well above the £350 million demanded.

John Doyle is being lined up for the concrete contract, which includes the basement, sub and superstructure work.

Mace is believed to have asked the firm to redraw designs for the substructure to get the cost of the concrete package down. This has come in at around Ł45 million Đ more than 20 per cent higher than Mace was expecting.

Mace declined to comment but one source said: "There are a few areas that need to be rebid and re-engineered. It is tight on budget and whether they get it on budget is a big question."

The main problem is with the basement works - because of its proximity to London Bridge railway station - and these are expected to take up to a year to complete. The source added: "The real risk is in the basement and Doyles and Mace are trying to work out how to carry this without carrying too much exposure."

Keltbray has already begun tearing down the existing building at London Bridge that will make way for the Shard and is also carrying out groundworks ahead of Stent moving in for piling work. The official completion date is still the end of 2011.

But news of the latest budget problems raises fresh fears that Teighmore, which is led by the chairman of Sellar Property Group, Irvine Sellar, will have to pay more for the 310 m high structure or risk it never getting off the ground.

Teighmore has a month to decide what to do with Mace's offer. The most likely outcome is that it asks Mace to retender some of the bigger packages such as M&E and steel. These are priced at £60 million and £28 million respectively.

Last autumn, Teighmore turned its back on Mace when it asked Laing O'Rourke to come up with proposals for the building after deciding the original route of construction management would be too expensive.

But the country's largest private contractor never actually came up with a firm bid - after being trumped by Mace which agreed to carry out the deal on a fixed-price.



Who's won what

Demolition/groundworks Keltbray
Piling Stent
Concrete John Doyle
Steel Cleveland Bridge
M&E Hotchkiss (mechanical); Phoenix (electrical); Balfour Kilpatrick (electrical)
Cladding Scheldebouw


Analysis: Will fear of risk cut down the project?

By David Rogers

Right now, it is fair to say that two questions arise with the Shard. First, is this ever going to get built?

And if it does, who will build it?

Nobody can give a definite answer to either question. It's likely that the best answers would be "probably - but we've no idea when" and "at the moment Mace, but who knows?".

There was a certain inevitability that a new method to build the Shard - beset by budgetry problems for years now - would end up costing more than the bankers would ideally like.

It is up to Mace to get the figure down to what it wants. If not, it and the developer face a terrible dilemma - pull it now or go ahead and build it knowing it could end up costing even more than they ideally want to pay.

The trouble, as ever with a project like this, is the risk. No one wants to catch a cold. Not Mace, not its subcontractors and not the banks. A state of impasse or a rethink - lopping some floors off perhaps? - is looming.
     
     
  #43  
Old Posted May 15, 2008, 2:20 PM
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the tower looks great and fits in really well
alll the other proposed "skyscrapers" look good to but i really doubt all of them will be biuld
london jus hates skyscrapers !
     
     
  #44  
Old Posted May 22, 2008, 9:22 AM
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http://www.cnplus.co.uk/imageGallery...m18-731561.jpg




Shard drafts in T&T

Published: 22 May 2008 09:07

Project manager Turner & Townsend has been drafted onto the Shard of Glass project in London to help get the scheme on budget.

A half dozen strong team led by UK director Tim Coleman formally began working on the job this week and will report to the man in charge of the whole development - known as London Bridge Quarter - Bernard Ainsworth.

Mr Ainsworth said the T&T team would be staffed up to around 15 people.

He said: "It is a fairly rapid appointment but we need an expansion of my role and T&T will report to me.

"Every major project needs a project manager and they will be getting involved in all aspects of the job."

T&T will be working with Mace, the firm appointed by developer Teighmore to make sure the scheme is built for £350 million, as well as cost consultant Davis Langdon and engineers WSP and Arup.

Bids for most of the major packages have come back to Mace but Construction News understands that some of these have helped blow the Shard's budget by around 10 per cent.

It is believed the concrete package Đ which John Doyle is slated for - and the M&E deal, which is heading for a team featuring MJN, Phoenix and Hotchkiss, have caused the most headaches.

Mr Ainsworth, who joined the project last month from Atkins and whose previous jobs include running the 2002 Commonwealth Games and working on the Millennium Dome for John Laing, declined to comment on the specifics of the budget. But he said: "I can see a picture that is emerging that is going in the right direction.

"We will be reviewing the picture over the next four or five weeks and it will be a very intensive four or five weeks ahead of us."

Mace had been expected to provide a final figure for the building work this month but Mr Ainsworth said the slip would not affect the main building programme, which is scheduled to start by next January and finish in March 2012.

He said: "A lot of the bids only came back two or three weeks ago but we're still on course to start by the end of the year."

Demolition contractor Keltbray has already taken down three floors of the existing site building, which sits next door to London Bridge station, and is due to finish this work later this year.


Who's who on the Shard

Teighmore is the developer on the project and this is made up of four banks from the Gulf state – Qatari National Bank, Qatar Islamic Bank, Q Invest and Barwa International – and Sellar Property Group, headed by Irvine Sellar. Each owns a 20 per cent slice.

The team charged with building the 310 m-high tower is Mace, while the cost consultant is Davis Langdon, the structural engineer WSP and M&E engineer Arup. A Paris-based company called Tyrrell is advisor to the banks.

London Bridge Quarter is the name of the entire redevelopment – which includes the Shard – and is headed by Bernard Ainsworth, who reports to Teighmore. This week Turner & Townsend was appointed project manager.
     
     
  #45  
Old Posted May 23, 2008, 3:27 PM
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Oh no, please dont tell me that it wont happen because the 'professionals' in charge overspent on it.
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  #46  
Old Posted May 23, 2008, 4:18 PM
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...can we say Shanghai World Financial Center? Better name though...shard
     
     
  #47  
Old Posted Jun 25, 2008, 10:16 AM
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Shard construction contracts in place

10:09 | 25.06.08

By Deirdre Hipwell

The development of Europe’s tallest tower The Shard moved a step closer today after Irvine Sellar’s property company awarded a number of key construction contracts.

Sellar Property Group, on behalf of the Shard development consortium London Bridge Quarter, said four construction contracts covering piling, facades, steel and lifts had been agreed.

It said the four contracts amount to almost a third of the total build costs to the 310m high tower. The piling for the tower will be carried out by Stent and forms a major part of the construction element of the tower, will get underway towards the end of the year once demolition is complete. Scheldebouw has been awarded the facades contract while Corus/CBUK and Kone have been contracted to install the steel and lifts.

London Bridge Quarter comprises around 2m sq ft of mixed-use space including The Shard, the redevelopment of New London Bridge House and a piazza linking the two buildings.

Major milestone

Irvine Sellar, chairman of developer Sellar Property Group, said: ‘The placing of these contracts is in line with the programme and plan we established at the beginning of this year when the Qatari investor consortium, comprising Qatar Islamic Bank, QInvest, Qatar National Bank, and Barwa International, joined us as partners to create this iconic landmark building.’

Bernard Ainsworth, Sellar’s project managing director, said: ‘This is a major milestone in the Shard delivery programme. Intensive discussions are continuing with a number of other contractors including concrete and MEP.’

Mace is the main contractor at the Shard. Turner and Townsend is project director.
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  #48  
Old Posted Oct 1, 2008, 11:50 AM
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As demolition nears completion, the official website has been updated.

It now includes this stunning video and hi-res renders. Check it out… it’s ludicrously awesome:-

http://shardlondonbridge.com/

*drools*
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  #49  
Old Posted Oct 1, 2008, 7:39 PM
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Great video !
I liked, at the end, the complicity of the Shard and One Canada Square.
     
     
  #50  
Old Posted Oct 4, 2008, 7:49 PM
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it says 87 floors in the title but i'm wondering how many functional floors this will actually have. Since the top 80 feet is the crown that makes about 940 feet occupiable and given that most office buildings have 12-13 foot floors, 87 floors for this one doesn't seem to add up. What info am i missing?
     
     
  #51  
Old Posted Oct 4, 2008, 8:02 PM
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UK's first supertall! Congrats!
Very nice video.
     
     
  #52  
Old Posted Oct 12, 2008, 6:53 AM
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What does European culture have against skyscrapers??
     
     
  #53  
Old Posted Nov 2, 2008, 6:50 AM
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Quote:
Originally Posted by Starsky View Post
What does European culture have against skyscrapers??
It's kinda weird considering that for hundreds of years Europe had the tallest buildings, and now it's one of the least developed regions in the world in terms of highrises.
     
     
  #54  
Old Posted Nov 2, 2008, 10:40 PM
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Quote:
Originally Posted by Starsky View Post
What does European culture have against skyscrapers??
Skyscrapers are apart of the American Century, they don't want sloppy seconds.
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  #55  
Old Posted Nov 20, 2008, 10:01 AM
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Demolition is nearing completion.

Photo by Delegado of SSC:


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  #56  
Old Posted Nov 20, 2008, 8:56 PM
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When are we going to add this baby to the Supertall Construction list?
     
     
  #57  
Old Posted Nov 21, 2008, 12:40 AM
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I don't like this design. It looks like a giant obelisk that appears ominous from all angles.
     
     
  #58  
Old Posted Dec 16, 2008, 1:29 PM
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http://www.propertyweek.com/story.as...de=3130031&c=1

Qatari Diar to provide finance for London’s Shard development

12:53 | 16.12.08
By Deirdre Hipwell

Qatari Diar Real Estate Investment Company is to provide the bulk of development finance for the Renzo Piano-designed Shard development at London Bridge.

The sovereign wealth fund said today it had agreed to provide a funding facility to London Bridge Quarter, the Jersey-registered holding company that is developing the Shard and a second adjacent development called London Bridge Place.

The extent of the loan has not been disclosed but it is thought to be significant given that the estimated construction costs could be as high as £1bn. Qatari Diar, headed by John Wallace in the UK, has not taken an equity stake in the development but will take a seat on the board of directors of the company.

London Bridge Quarter is an international joint venture owned equally by Qatar Islamic Bank, Qinvest, Qatar National Bank, Barwa International and Irvine Sellar. Sellar Property Group is also the development manager.

Demolition and site clearance of The Shard site will be completed next month and demolition and site clearance will start on the London Bridge Place site in March 2009.

Construction on both sites is expected to start next year with practical completion in 2012.

A spokesman for Qatari Diar said: ‘This further financial commitment by Qatari Diar to London’s real estate market underscores our conviction that, despite its current challenges, London remains one of the most important real estate markets in the world and it is one in which we have an ongoing interest. We take a long term view of all of our investments here and remain confident of their successful outcome.’

A spokesman for London Bridge Quarter said: ‘Obtaining this new facility, which is a major part of our overall financing requirement, enables the programme for completion of The Shard and its sister building London Bridge Place to remain on programme for completion early in 2012.’
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  #59  
Old Posted Dec 16, 2008, 1:30 PM
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Some recent pics, by fitz44 of SSC -








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  #60  
Old Posted Dec 23, 2008, 8:23 AM
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WOW this thing is gorgeous! I think it's going to be my favorite high-rise in London!
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