London’s red-hot housing market of late is by now an international legend, drip-feeding the media with tragicomic stories of insane pricing on a weekly basis—from the $710 cupboard to the one-bedroom flat on sale for $37 million. Now a new report out this week details some of the harmful social effects that this boom in housing costs has wrought. Unsurprisingly, they are many. — CityLab

Caruso St John, Stanton Williams with Asif Khan, and BIG in a team with Hawkins\Brown have been shortlisted to design the Museum of London’s new home in Smithfields.

The shortlisted teams saw off 80 entries from more than 140 practices and were chosen based on their relevant skills and experience, in particular of significant cultural projects.

The competition will create a £150 million new base for the Museum of London in the historic West Smithfield market. — architectsjournal.co.uk

Foster + Partners’ plans for the overhaul of London’s Grade II-listed Whiteleys shopping centre have got the go-ahead – despite opposition from locals.

Westminster City Council approved the contentious scheme last night, but will now look into setting conditions concerning the scale of two residential towers that form part of the proposal, alongside a gym, hotel, cinema and new shops. — thespaces.com

Which London mayor candidate will fix the capital's housing crisis?

There’s a short answer to [that] question. It is that none of them will. There are two big reasons for that: one, there’s only so much any mayor has the power to do about the city’s various housing problems; two, none of the front line candidates are willing to do everything they actually could do. Housing policy is difficult stuff... — the Guardian

‘If we accidentally complete our isolation from Europe, please don’t let us imagine that this creates a new openness to the rest of the world – isolation is isolation. We would not only give up the distinct practical advantages of collaboration but the social, political and intellectual advantages too’, he said.

Chipperfield, who has offices in London, Berlin, Milan and Shanghai, has hit out at politicians for failing to articulate the cultural significance of the European Union. — The Architects' Journal

Buy-to-let landlords should face new limits on the amount they can borrow, the Bank of England has proposed.

It suggested that lenders should be much stricter when deciding whether or not to grant landlords a mortgage.

Instead of just taking their rental income into account, the Bank wants lenders to look at their wider financial situation as well.

If adopted, the new rules could reduce lending to landlords by up to 20% over the next three years. — BBC

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

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

Google has been granted planning permission for an office in the King’s Cross area of central London.

The 180,000-square-foot building, which is to be known as “S2”, will be designed by UK firm Mossessian Architecture. [...]

It will be based near the site of the firm’s defunct Google Glass store and DeepMind, its artificial intelligence start-up. [...]

The property is expected to be completed by 2017 “at the earliest”. — globalconstructionreview.com

The streets of London are slowly being infilled by brick-faced buildings characterised by flat, austere façades and a certain self-effacement that seems to bow to its predecessors, even though its scale is often a huge step up. London might be acquiring a new vernacular. [...]

[Brick] is back in a big way. Manufacturers are running out of stock and there is a critical shortage of skilled bricklayers, leading to construction delays. — ft.com