The concrete structure at One Bishopsgate Plaza has now reached level 11, reports architect MSMR.

The rapid progress is due in part to the pre-cast concrete columns being manufactured off-site and then craned into position on the post-tensioned concrete slab that is cast in situ.

MSMR is the interior architect designing the residential element and delivery architects for the hotel.

Register your interest in the Sky Residences serviced by Pan Pacific Hotel at www.onebgp.com.

Interior design by Yabu Pushelburg.

Selling agents are Knight Frank and Savills.

MSMR Architects team recently visited the One Bishopsgate Plaza site to view construction progress on the lower levels now being built by Lendlease.

The impressive triple-height pre-function space and ballroom are well under way as is level 4, which will include the hotel’s pool, gym and lounge.

As well as responsibility for the delivery of the Yabu Pushelberg designed, 5* Pan Pacific hotel which occupies the lower portion of the tower, MSMR is also designing the luxury residential apartments or 'Sky Residencies' from level 21.

Read more at msmrarchitects.co.uk.

Heron International has sold Heron Plaza, its prime development site on Bishopsgate in the City of London, to UOL Group Limited (‘UOL’) for £97m.

Heron Plaza will be UOL’s first major development in London. UOL is a leading real estate company in Singapore with a diversified portfolio of investment and development properties, hotels and serviced suites. It owns, manages and/or markets over 30 hotels in Asia, Oceania and North America with close to 9,600 rooms in its portfolio under its “Pan Pacific” and PARKROYAL brands.

The Heron Plaza site provides unique planning consent to deliver a luxury new-build hotel and residential development in the City of London. The site has consent for an iconic 43-storey tower, designed by PLP Architecture, comprising approximately 562,000 sq ft gross floor area (340,000 sq ft net area) of 5-star luxury hotel, residential apartments and retail component. UOL will operate the hotel under its flagship “Pan Pacific” hotel brand.

Gerald Ronson, Chief Executive of Heron International, said:
“Heron Plaza is a landmark site in the heart of the City of London, which we have owned for almost 15 years. The demand for the site demonstrated that there is significant international interest in acquiring prime London assets and we are capitalizing on this opportunity. UOL is a very highly regarded experienced real estate investor and developer and I am confident that they will be very happy with this, their first investment in Europe.”

Gwee Lian Kheng, Group Chief Executive of UOL Group, commented:
“We are delighted to have acquired this prime site in London’s central financial district as part of our overseas strategic expansion. We are appreciative of Heron’s management and all the professional consultants involved for their responsiveness and efforts to facilitate the entire acquisition process. We look forward to establishing good rapport with the local community as we embark on the development of this project.”

Heron International was advised by CBRE, Savills and Taylor Wessing. UOL Group was advised by Berwin Leighton Paisner.

Source: UOL Group 14.08.2014

Heron Plaza - new on Buildington!