London’s skyline soars with over 500 skyscrapers in line
london — The number of highrise buildings being planned or built in London has risen above 500 for the first time as a trend to build skyscrapers in the British capital spreads into the suburbs, research showed.
A total of 510 towers were in the pipeline in 2017, up 12 per cent from 2016, according to a survey of buildings at least 20 storeys high by New London Architecture, a forum that provides information about planning and development in the city.
London is experiencing a housing crisis as homebuilding has not kept pace with demand, driving up property prices, with rents rising faster than wages and homelessness soaring.
“With London’s population continuing to increase and the demand for new homes only getting higher, our view remains that well designed tall buildings, in the right place, are part of the solution,” said Peter Murray, the forum’s chairman. Even though London’s skyline is soaring, highrise buildings are still less dominant in the capital than in other major cities like Hong Kong or New York. Direct comparisons are difficult as cities have different definitions of skyscraper.
More than 90 per cent of the new towers are residential and could deliver 106,000 homes, the report said.
A record number 115 projects are under construction, more than two-thirds of which are in inner London, it said. Tall buildings are also becoming a feature of the suburbs. —