We're now about a month past the UK's historic 'Brexit' vote to leave the European Union, and, well, lots has happened. David Cameron stepped down as Prime Minister, and was replaced two weeks ago by fellow Conservative, Theresa May. The economy has drastically slowed down as the value of the...
Property funds worth £18 billion have stopped trading after Brexit sent a chill through the commercial property market. [...]
The fear was that too many property investors would try to take their money out at once, forcing fund managers to sell properties at a loss. [...]
The Bank of England has warned that the share prices of UK real estate investment trusts have fallen sharply following the referendum. — Independent
Read more about the effects of Brexit on archinect:Creative Currency, post-BrexitPost-Brexit pessimism causes precautionary job lossesAfter Brexit, “the priority for the government at this time will not be big sexy projects”Architects react to shocking EU referendum result
Post-Brexit, the British government has turned into a real hot mess. The pound dropped to its lowest value against the dollar in 30 years ($1.31), and after Prime Minister David Cameron announced his resignation, Parliament is in turmoil and has yet to name a reliably likely successor. All this...
Last Thursday, Great Britain voted to leave the European Union, with a margin of 52% to 48%. The result was a huge surprise—especially for those in creative industries like architecture, many of whom publicly supported the Remain campaign. While no official exit strategy is yet in place, within...
The areas most likely to benefit from EU structural funding voted predominantly to leave [...]
With 12% of those working in construction migrants from the EU and with the construction industry already struggling to keep up with demand, any drop in skilled migrants will hit Britain’s ability to build. [...]
Analysts are already predicting a drop in supply of new homes, due to market volatility, predicted slowdown on skilled migration flows and share price drops for developers. — theguardian.com
Related on Archinect:RIBA release a statement following EU referendum resultArchitects react to shocking EU referendum resultTell us what does the EU referendum means to youSay no to a "Brexit," says David Chipperfield
Almost two-thirds of homes in the Tower, a 50-storey apartment complex in London, are in foreign ownership, with a quarter held through secretive offshore companies based in tax havens, a Guardian investigation has revealed.
The first residents of the landmark development arrived in October 2013, but many of the homes are barely occupied, with some residents saying they only use them for a fraction of the year. — The Guardian
The kind of wealth that turns a home into a status symbol—and an underused status symbol at that, with occupancy rates of only a few weeks a year—is not easing London's housing crisis. As the city's housing rates push actual citizens to decamp to cheaper suburbs or simply leave the area...
Hong Kong-based philanthropist and entrepreneur Yana Peel has been appointed chief executive of the Serpentine Galleries in London. The [Serpentine's] trustees took the unusual decision to choose a fellow trustee to fill the new post. Julia Peyton-Jones, who put the institution on the international map, is stepping down as co-director this month after 25 years at the helm.
Peel will work in partnership with Hans Ulrich Obrist...[who] takes on the new role of artistic director. — The Art Newspaper
More on Archinect:After 25 years, Serpentine co-director Julia Peyton-Jones is leavingThe Serpentine Pavilions from the past: Where are they now?BIG to design 2016 Serpentine Pavilion, alongside smaller "Summer Houses" by Kunlé Adeyemi, Barkow Leibinger, Yona Friedman and Asif Kahn
A “strikingly elegant” office building in the north east of England is set to be demolished after losing its protected status just a year on from being listed. It will be the latest in a series of important modernist buildings in the area to be flattened in recent years. — independent.co.uk
London’s inaugural Design Biennale is set to open at Somerset House this September, based around the idea of Utopia to coincide with the venue’s year-long events programme.
The biennale is headed up by London Design Festival director Ben Evans, biennale director Christopher Turner, former editor of Icon, and London Design Festival co-founder Sir John Sorrell. More than 30 countries are taking part in the event. — itsnicethat.com
Representing the UK will be the design duo Edward Barber and Jay Osgerby best known for designing the London 2012 Olympic Games Torch and their work with Vitra. Their installation will be curated by London's Victoria and Albert Museum.
The daring concept proposes one cantilever on the Cornish mainland and another on the island fortress, where, legend has it, King Arthur was conceived. The two structures stretch out to each other across the void but do not quite meet. — theguardian.com
The cartoon drawings and graffiti scrawled all over the 1970s hangout of the Sex Pistols - a former silversmith’s workshop attached to a townhouse in London’s Denmark Street – have helped the building be awarded Grade 2* Listed Status.
The decision by the Department of Culture, Media & Sport, on advice from Historic England, is a major victory in the campaign to maintain Denmark Street, known as “Tin Pan Alley”, which is widely seen as a spiritual home for British popular music. — independent.co.uk
Rapidly rising property prices and rents, combined with the loss of social housing through right to buy, have put councils under growing pressure to find new ways to help people off their housing lists.
In Lewisham one solution is a £4.3m scheme to provide 24 homes and 880 sq m of business space that can be picked up and moved at a later date, allowing the council to make use of vacant brownfield land while longer-term projects are finalised. — theguardian.com
The contemporary design champion is moving from its current location in Shad Thames to the former Commonwealth Institute building, a Grade II*-listed 1960s landmark conceived by architects RJMM.
Its new home, which is being remodelled by designer John Pawson, will provide three times more space and have a learning centre, auditorium, library and a ‘Designers in Residence’ studio. — thespaces.com
The Art University Bournemouth’s new drawing studio, designed by alumnus Sir Peter Cook, is to be officially today by Zaha Hadid. It is the first purpose-built drawing studio to open in the UK for 100 years and is the renowned architect and founding member of radical collective Archigram’s first building in the country.
The curved studio has been designed to emphasise natural light [...] there is a large circular north-light and a rear clerestory, which provides softer light. — itsnicethat.com
Here are a few more images of the delightful little structure (via CRAB studio's website):Related news and feature stories on Archinect:Conversation with Peter Cook on the State of ThingsIn new exhibition, Sir Peter Cook reflects on architecture's possibilitiesExtraordinarily Beautiful...
The Conscious Cities Conference will delve into the evolving relationship between human behavior and the built environment, and the economic impact it creates. Taking place at Arup's London office on March 1, the one-day conference is the UK's first event of its kind and is part of the year-long...
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