London Skyscraper Boom Ends as City Goes ‘From Vanity to Sanity’

http://www.bloomberg.com/news/2011-04-19/london-skyscraper-boom-ends-as-city-goes-from-vanity-to-sanity-.html

All of the office towers that are due to open in London by 2014 were conceived before the financial crisis.

Revived Projects

By January of this year, the market had recovered enough to enable Land Securities Group Plc (LAND) to revive the Walkie Talkie near the Bank of England and British Land Co. to start work on the Leadenhall Building high-rise known as the Cheesegrater.

The Shard, architect Renzo Piano’s 1,016-foot pyramid next to London Bridge, will have more than twice as much glass as the Gherkin and will be Britain’s tallest tower when it’s completed next year. It’s being funded by Qatar-based companies.