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Heron Tower

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Heron Tower
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{{short description|Skyscraper in the City of London, England}}{{Use British English|date=November 2014}}{{Coord|51|30|58|N|0|4|51|W|region:GB|display=title}}







factoids
United Kingdom230ftPUBLISHER=HERON TOWER URL=HTTP://HERONTOWER.COM/THE_BUILDING/SPECIFICATIONS URL-STATUS=DEAD ARCHIVE-DATE=11 JULY 2011, dmy-all, | top_floor = 202ftPUBLISHER=SKYSCRAPER NEWS URL=HTTP://WWW.SKYSCRAPERNEWS.COM/BUILDINGS.PHP?ID=59/, 18 March 2009, Schedule of areas {{webarchive >url=https://web.archive.org/web/20110711163656www.herontower.com/the_building/schedule_of_areas |date=11 July 2011}}461478m2abbr=on}}| elevator_count = 2400sqftadj=on}} site| architect = Kohn Pedersen Fox| main_contractor = SkanskaArup Group Limited>Arup| website =herontower.com/}}(File:Heron Tower entrance.jpg|thumb|right|The lobby features a 70,000-litre aquarium containing hundreds of fish.)Salesforce Tower, 110 Bishopsgate (formerly, and still commonly known as, Heron Tower) is a commercial skyscraper in London. It stands {{convert|230|m|ft|0}} tallProject description {{webarchive |url=https://web.archive.org/web/20090207092452www.skanska.co.uk/en/Projects2/Heron-Tower/Project-description/ |date=7 February 2009}} including its {{convert|28|m|ft|0|adj=on}} mast making it the second tallest building in the City of London financial districtWEB,www.skyscrapernews.com/news.php?ref=2509, Heron Tower Tops Out - Article #2509, Skyscrapernews.com, 20 August 2012, and the fifth tallest in Greater London and the United Kingdom, after the Shard in Southwark and One Canada Square at Canary Wharf. 110 Bishopsgate is located on Bishopsgate and is bordered by Camomile Street, Outwich Street and Houndsditch.Construction of the building started in 2007 and was completed in 2011. It is owned by Heron International and is still popularly known as Heron Tower, though following a naming dispute in 2014 involving the tenant Salesforce.comWEB, Gower, Patrick,www.bloomberg.com/news/2014-05-22/london-s-heron-to-be-renamed-salesforce-tower-after-leasing-deal.html, London’s Heron to Be Renamed Salesforce Tower After Leasing Deal, Bloomberg, 22 May 2014, 17 June 2014, the City of London planning committee made it clear they would rule in favour of the property being officially named 110 Bishopsgate, although the application was withdrawn before it went to committee.WEB,www.bloomberg.com/news/2014-09-23/heron-tower-renamed-110-bishopsgate-in-london-compromise.html, Heron Tower Renamed 110 Bishopsgate in London Compromise, Neil Callanan, 23 September 2014, Bloomberg, The tower initially struggled to attract tenants in the depths of the Great Recession, but is now fully let.WEB,m.propertyweek.com/news/heron-completes-lettings-at-salesforce-tower/5078592.article, Heron Completes lettings at Salesforce Tower, David Parsley, 11 January 2016, PropertyWeek.com,

Design and planning

Designed by architects Kohn Pedersen Fox, the height of 110 Bishopsgate was planned to be only {{convert|183|m}}, identical to that of Tower 42, the City of London’s then tallest building since 1980.It attracted some controversy when first announced due to its proximity to St Paul’s Cathedral when viewed from Waterloo Bridge. English Heritage was notably vocal in expressing concerns. A public inquiry was subsequently held, the outcome of which was decided by deputy prime minister John Prescott, who ruled in the developers’ favour. The tower was given final approval for construction in July 2002.Three years later, the project had yet to begin construction. In September 2005 the Heron Property Corporation submitted a planning application to increase the height of its approved building. Heron’s revised plans now proposed a {{convert|202|m|ft|0|adj=on}} tall tower topped by a {{convert|28|m|ft|0|adj=on}} mast, giving it a total height of {{convert|230|m|ft|0}}. Although the design was largely identical to the previous scheme, the tower’s crown and southern façades were refined. In January 2006, the revised project was approved by the City of London Corporation.In February 2013, it was revealed in The Times that backers of the tower included Prince Abdul Aziz bin Fahd, a son of the late King Fahd of Saudi Arabia.The Times, page 37, headline Fish in the foyer but not enough tenants to keep investors in Heron Tower happy

Interior

110 Bishopsgate was designed to feature a concierge-style entrance and reception area, incorporating a {{convert|70000|L|adj=on}} aquarium containing around 1,200 fish.WEB, efinancialnews.com, Shark set for hedgie face-off, efinancialnews, February 2010,www.efinancialnews.com/story/2010-02-16/heron-shark-attract-hedge-funds, 21 February 2010, The aquarium is the largest privately owned example in the United Kingdom and contains over 60 species of fish in an entirely sustainable ecosystem; the species were selected by expert biologists and animal curators to ensure compatibility and adaptability to the environment. The tank is attended to by a team of two full-time fish attendants, who feed the fish a diet rich in natural ingredients according to their requirements and monitor the tank for water chemistry and fish health, and two to three part-time divers who clean the rockwork and glass regularly.A bar-restaurant called The Drift occupies part of the ground and first floors.WEB,www.salesforce-tower.com, Salesforce Tower, salesforce-tower.com, There is a restaurant and “sky bar” leased to Sushi Samba and Duck & Waffle, both open to the public, on floors 38–40.weblink {{webarchive|url=https://web.archive.org/web/20141019082205duckandwaffle.com/|date=19 October 2014}} Situated {{convert|175|m|ft|0}} above the City and accessed by scenic lifts from a dedicated entrance on Bishopsgate, the restaurant and bar also have external terraces.WEB, HeronTower.com, Heron Tower Press Release, Heron Tower, February 2010,herontower.com/press/previouspress/19-02-10/4/Heron_Unveils_Plans_for_Heron_Tower_rsquo_s_Restaurant__amp__Sky_Bar, 2 March 2010, dead,herontower.com/press/previouspress/19-02-10/4/Heron_Unveils_Plans_for_Heron_Tower_rsquo_s_Restaurant__amp__Sky_Bar," title="web.archive.org/web/20110711163743herontower.com/press/previouspress/19-02-10/4/Heron_Unveils_Plans_for_Heron_Tower_rsquo_s_Restaurant__amp__Sky_Bar,">web.archive.org/web/20110711163743herontower.com/press/previouspress/19-02-10/4/Heron_Unveils_Plans_for_Heron_Tower_rsquo_s_Restaurant__amp__Sky_Bar, 11 July 2011, dmy-all,

Environment

The building uses photovoltaic cells to generate renewable energy, allowing it to achieve a BREEAM rating of ‘excellent’ in January 2010.WEB, HeronTower.com, Heron Tower Press Release, Heron Tower, January 2010,herontower.com/press/previouspress/11-01-10/3/Heron_Tower_Secures__lsquo_Excellent_rsquo__BREEAM_Environmental___Sustainability_Rating, 10 February 2010, dead,herontower.com/press/previouspress/11-01-10/3/Heron_Tower_Secures__lsquo_Excellent_rsquo__BREEAM_Environmental___Sustainability_Rating," title="web.archive.org/web/20110711163717herontower.com/press/previouspress/11-01-10/3/Heron_Tower_Secures__lsquo_Excellent_rsquo__BREEAM_Environmental___Sustainability_Rating,">web.archive.org/web/20110711163717herontower.com/press/previouspress/11-01-10/3/Heron_Tower_Secures__lsquo_Excellent_rsquo__BREEAM_Environmental___Sustainability_Rating, 11 July 2011, dmy-all,

Construction

In March 2007, it was confirmed that Heron had signed a funding deal with the State General Reserve Fund of Oman to provide the equity for the development.WEB,www.propertyweek.com/story.asp?sectioncode=297&storycode=3082555, Heron completes financing of £500m Heron Tower, Property Week, 6 March 2007, 20 August 2012, The works were carried out by Skanska and completed in January 2011.WEB,www.constructionenquirer.com/2010/08/11/skanska-installs-europes-largest-private-aquarium/, Skanska installs giant aquarium in Heron Tower, Construction Enquirer, 11 August 2010, 13 April 2017,

Gallery

File:HeronTower, Bishopsgate. Construction May 2008.jpg|May 2008File:Heron20Oct.jpg|October 2009File:Heron tower under construction.jpg|January 2010File:Heron Tower London Dec 23 2010.jpg|December 2010

Tenancy

The tower’s first confirmed tenant was the law firm McDermott Will & Emery, which signed up in July 2010 while the building was still under construction.NEWS,www.telegraph.co.uk/finance/newsbysector/constructionandproperty/7877898/Gerald-Ronson-secures-first-tenant-for-Londons-Heron-Tower.html, Gerald Ronson secures first tenant for London’s Heron Tower, The Daily Telegraph, London, 8 July 2010, 2 February 2014, However, in a difficult lettings market the building struggled to find enough tenants to fill it and in September 2013 only 59% of the available office space had been let.WEB,www.reuters.com/article/herontower-sale-idUSL5N0HE1T620130918, UPDATE 1-London’s Heron Tower faces sale after refinancing row, Reuters, 18 September 2013, 2 February 2014, As a result, the project required refinancing, with Starwood Capital Group stepping in to provide a £288 million refinancing facility to avoid the project going into receivership.WEB,www.reuters.com/article/britain-heron-sale-idUSL6N0HX0U620131007, Starwood Capital gives London’s Heron Tower $463 million lifeline, Reuters, 7 October 2013, 2 February 2014, Subsequent agreed tenants included the pensions company Partnership Assurance, investment fund manager Securis Investment Partners, stockbroker Westhouse Securities, POWA, recruitment firm Harvey Nash,WEB,www.harveynash.com/group/mediacentre/2012/02/harvey_nash_invests_in_londons_future/index.asp, Harvey Nash Invests in London’s Future, Harvey Nash Group Plc, Openwork, and Salesforce.com, the software firm.WEB,www.cityam.com/article/four-new-firms-setting-shop-heron-tower, Four new firms setting up shop in Heron Tower, City A.M., 23 April 2013, 2 February 2014, As part of Salesforce’s deal to take an additional 50,000 sq ft on levels 28-31 on a 15-year lease, it reportedly purchased naming rights to the tower, just as it had for its headquarters building in San Francisco. After much deliberation with the City of London planners, the building’s official name was confirmed as 110 Bishopsgate, with Salesforce Tower able to be used as an informal name.WEB,www.ft.com/cms/s/0/ddf4e4fc-69bf-11e4-8f4f-00144feabdc0.html#slide0, Salesforce, The City of London and the etiquette of skyscraper names, Financial Times, 17 November 2014, 4 February 2014, Landmark has offered serviced office space from floors 17-19 of the tower since 2011, achieving above-average occupancy rates for London.Business Centre of the Month: Landmark’s Heron Tower, searchofficespace.com, 13 December 2013 The top floors of the building are occupied by the Sushi Samba and Duck & Waffle restaurants.Proskauer Rose, another law firm, moved into the building in 2015, taking out an 18,000 sq ft lease.NEWS,www.proskauer.com/news/press-release/proskauer-london-office-moves-110bishopsgate, Proskauer’s London Office Moves to 110 Bishopsgate, Proskauer Rose LLP, London, 6 March 2015, 24 May 2015, The London office of the Interactive Brokers, a U.S. low cost online brokerage platform, is also present on level 20.WEB,www.interactivebrokers.com/en/index.php?f=1565&p=uk, Institutions Sales Contacts - UK {{!, Interactive Brokers|website=www.interactivebrokers.com|access-date=2018-12-05}}In January 2016, it was confirmed that the building was fully let.

Heron Plaza

The tower was designed to form the centrepiece of a larger Heron Plaza development, incorporating new public spaces and a network of squares and gardens. In July 2009, Heron International confirmed that it had signed heads of terms with Four Seasons Hotels and Resorts to develop a mixed-use project adjacent to 110 Bishopsgate.WEB, Chesters, Laura,www.propertyweek.com/story.asp?sectioncode=36&storycode=3144492, Ronson to develop Four Seasons in City, Property Week, 10 July 2009, 20 August 2012, In January 2011, Heron announced that planning permission for the development had been secured. In August 2014, Heron sold the site, with planning permission, to UOL Group, who said it would push ahead with the scheme and operate the hotel under its ‘Pan Pacific’ brand.WEB,www.cityam.com/1407980819/gerald-ronson-sells-heron-plaza-site-singapore-s-uol-97m, Gerald Ronson sells Heron Plaza site to Singapore’s UOL for £97m, City AM, 14 August 2014, 4 February 2014,

See also

References

{{Reflist|33em}}

External links

{{Commons category|Heron Tower}} {{UKSkyscrapers|Completed}}{{London landmarks}}{{Use dmy dates|date=July 2014}}

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