125 London Wall

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125 London Wall

125 London Wall, also known as Alban Gate, is a postmodernist building on London Wall in the City of London, England. Along with Embankment Place and Vauxhall Cross, it has been described as one of the three projects that established designer Sir Terry Farrell's reputation in the late 1980s / early 1990s.[1] In 2004, Deyan Sudjic described it as 'Postmodernism at its most exuberant' placing it at number 5 in a list of 10 Triumphs of recent UK architecture.[2]

Contents

Construction

It is composed of two distinct towers, set at a 90 degree angle to each other. The developers negotiated the air rights to allow one tower to occupy the space above London Wall, the modern thoroughfare running along the perimeter of the Roman City. The building's construction began in 1990, and was completed in 1992 with 18 floors and a maximum height of 82 metres (270 ft).[3]

Occupiers

The building is well-known as the UK Headquarters of JPMorgan Chase, one of the world's leading investment banks.[4] There is also a two-storey PizzaExpress restaurant. The building's postcode is EC2Y 5A?, with JPMorgan Chase using EC2Y 5AJ and PizzaExpress EC2Y 5AS.[5]

Sales

In 2000, MEPC plc sold the building for around £160 million.[6] In July 2010, it was part of a group of six landmark London properties sold to Carlyle Group for £671 million following the default of Simon Halabi's property companies.[7]

References

Coordinates: 51°31′03″N 0°05′38″W / 51.5175°N 0.0938°W / 51.5175; -0.0938


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