the Pinnacle skyscraper grew to just nine floors before falling victim to financial wrangling. Often referred to as The Stump, its stunted lift core has stood as a concrete folly ever since work halted more than three years ago.
Its days are numbered. Scaffolding is now climbing up the core in preparation for demolition. The replacement building will have a very different design. The old core must be pummelled to rubble and a new one constructed.
— londonist.com
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3 Comments
I would have never guessed that photo was London. Why not just finish it as a 9-story tower and save all the cost of tearing down?
^ you don't do much work with big developers do you? :)
If the zoning allows a 60 floor office tower, you can expect the cost of land alone would pretty much need the leasable / sellable area of a 30-40 floor tower to break even in any reasonable amount of time. 9 floors will lose money no matter how cheap construction is.
I know midlander, of course they'll tear it down for the reasons there tearing down other existing buildings. I thought I'd throw it in there since all we hear about is embedded energy.
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