Skyscrapers rising next to vacant towers mark new City of London
While the pandemic is emptying offices at the fastest pace in more than a decade, it hasn’t slowed the coming wave of high-rises.
When the Gherkin tower opened 17 years ago, its skyline-defining silhouette heralded a new era in the low-rise City of London. Now, a spate of new planned skyscrapers threaten to erase it from view and from relevance.
As one of the Gherkin’s main residents weighs a move, even iconic buildings risk struggling to keep or replace tenants in London’s premier financial district. While the pandemic is emptying City offices at the fastest pace in more than a decade, it hasn’t slowed the coming wave of towers.
Bloomberg
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