The Rolling Pin in Canary Wharf leads wave of new skyscrapers planned for London

London is set to get more than a dozen new residential towers, each more than 40 storeys tall. Stood end-to-end, they would stretch more than a mile into the sky.

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According to a report by investment management company JLL, the planned forest of new towers from Croydon to Canary Wharf is proof of an “unprecedented” investment in skyscrapers, with homes to buy and rent.
Together, the latest towers will offer 5,000 new homes, from multimillion-pound penthouses to affordable flats aimed at young Londoners.
The highest is an as-yet-unnamed tower at Canary Wharf by Herzog & de Meuron, the architects behind Tate Modern. It has been nicknamed the Rolling Pin because of its circular shape and, at 57 storeys or 718ft 6in, it will be London’s tallest exclusively residential building when finished in 2019.
“With a housing shortage and lack of residential land in London, there are practical reasons to build upwards,” says Brian De’Ath, head of residential sales at Canary Wharf Group. He says there is growing demand for apartment living.
The Rolling Pin contains 483 apartments, and groundworks have already started. Over the next 24 months, it will rise to its full height, and the first homes will go on sale next year.

The majority of the new skyscrapers are springing up south of the river, including One Blackfriars and Providence Tower in Bermondsey. Two more south London towers are taking shape in Elephant & Castle, proving that this long-mothballed regeneration zone is finally on course.
These include Highpoint, a 489ft, 44-storey building by developers Mace and Realstar Group. The tower, delayed for almost a decade due to the recession, stands out not only because of its scale but because 278 of its 457 flats are being built to rent privately and not to sell.
The rest will be either sold on a shared-ownership basis or rented under a subsidised scheme by housing association Peabody.
Highpoint is being built on land provided by Mayor Boris Johnson, and is currently about 10 storeys tall. The concrete structure is expected to be complete by the end of the year. Cladding and fitting out the building will happen in 2017, and the first residents are due to move in during early 2018.
Martin Bellinger, chief operating officer of Essential Living, which specialises in build-to-rent projects, says the advantages for renters include professional management and developments created with on-site facilities, such as lounges and gyms. However, build-to-rent homes are not a subsidised form of housing and rents will be at least as expensive as homes rented privately.

Meanwhile, in east London, the skyline of the City fringes is filled with cranes as Principal Tower in Shoreditch, 250 City Road in Old Street, and Providence Tower in Bermondsey all take shape. In Canary Wharf, the Diamond Tower will be joined by the Baltimore Tower — nicknamed the Fusilli because of its resemblance to the twisted pasta shape.
Critics have complained that many of the new high-rise homes launched in London over the past five years have been directed at wealthy overseas buyers. But two of the new towers under construction — Saffron Square by Berkeley Homes and Morello by developers Menta and housebuilders Redrow — are in Croydon, where prices are expected to be more realistic for young professionals.
Neil Chegwidden, of JLL residential research, says: “The taller towers are located in central and more expensive parts of the capital. But there are plenty of slightly shorter, more affordable towers set to spring up across Greater London.”
JLL calculates that, over the next decade, at least 39 towers of 40-plus storeys are due to be built.
Currently, The Shard at London Bridge is the capital’s tallest building at 87 storeys, or 1,014ft. The Tower at One St George Wharf in Vauxhall is the tallest residential building at 50 storeys, or 594ft.


1. Herzog & De Meuron tower, Canary Wharf: The Canary Wharf Group 57 storeys 718ft 6in
2. One Nine Elms: Dalian Wanda 50 storeys 656ft
3. Morello Tower, Croydon: Menta Redrow 55 storeys 564ft
4. One Blackfriars, Blackfriars: St George 50 storeys 535ft
5. Principal Tower, Shoreditch: W1/Concord Pacific/Brookfield   50 storeys 531ft
6. 250 City Road, Old Street: Berkeley Homes 42 storeys 509ft
7. South Bank Tower, Southwark: CIT  41 storeys 509ft
8. Saffron Square, Croydon: Berkeley Homes 45 storeys 495ft
9. Baltimore Wharf (aka the Fusilli), Canary Wharf: Galliard 46 storeys 492ft
10. Highpoint, Elephant & Castle, Mace Real Estate/Realstar Group 44 storeys 489ft
11. Manhattan Loft Gardens, Stratford: Manhattan Loft Corporation 42 storeys 469ft
12. Providence Tower, Bermondsey: Ballymore 44 storeys 446ft
13. Two Fifty One, Elephant and Castle: Oakmayne/South Central Management 41 storeys 440ft


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