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Bottoms up for Rogers at Riverside South?

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Astragal is receiving mixed messages about the future of Rogers Stirk Harbour + Partners’ (RSHP) Riverside South scheme at Canary Wharf

Yesterday news emerged that financial giants JP Morgan had both bought 25 Bank Street - another Canary Wharf tower - and committed to build Rogers’ stalled twin-tower, Riverside South project.

That commitment, it transpires, only stretches to constructing the proposed £1.5 billion development up to street level. Moreover, it appears JP Morgan has until October 2016 to confirm with construction and development manager the Canary Wharf Group whether it intends to press ahead with the rest of the scheme.

Once built the ‘flexible’ base could potentially be used as the foundation for another design and, sources say, that has not been ruled out.

So a small stocking filler for RSHP - but not necessarily a nice shiny new bike under the Christmas tree this year…..

 

 

 

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