Boris asks developers for Crossrail cash
London mayor Boris Johnson is demanding a total of £2.67 million in Crossrail contributions from the developers of Rafael Viñoly’s ‘walkie talkie’ tower and David Chipperfield’s Seal House project near London Bridge
Johnson plans to make contributions to Crossrail a formal requirement for new developments in central London. The changes have not been written into the London Plan yet, but reports on planning applications for the the two buildings show the mayor’s office is following draft guidance on the matter, which recommends a contribution of £213 per m2 of office space.
Under these figures, Seal House’s developer Sellar Property Group would have to pay £1.22 million and Land Securities, owner of the Fenchurch Street ‘walkie talkie’ site, owes £1.45 million. It is now up to the two companies to consider whether they will pay up. Neither was able to comment as this story went to press.
Similar requirements were placed on the developers of 1 Howick Place in January. In that instance, Johnson issued his planning direction, only lifted once Terrace Hill and Doughty Hanson had paid £120,000 towards Crossrail.