Results tagged “Riverside South”

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A pathway through the construction site for the new JP Morgan building has been reopened after pressure from a community campaign.

Residents in Westferry urged Canary Wharf Group for the link to be re-established as the only alternative safe route is up to a mile longer.

canarywharf142.jpgSpeculation that JP Morgan will abandon its move to Canary Wharf because of the bonus tax is incorrect.

The future of the bank's Riverside South headquarters, currently under construction, was reported to be in doubt after a phone call last month between JP Morgan chief executive Jamie Dimon and Alistair Darling.

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JP Morgan's changes to its future Riverside South home have been green-lit by Tower Hamlets Council.

The Strategic Development Committee has unanimously rubber-stamped the banking giant's amendments to the scheme, which it secured for an initial £237million in November.

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JP Morgan has put pen to paper on a deal to move into Riverside South.

The firm will abandon the City to house its European headquarters in the Canary Wharf development, in one of the biggest property transactions for a single building in London history.

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BANKING giant JP Morgan is to leave the City for a one million square foot HQ in Canary Wharf.

The firm is in talks with Canary Wharf Group about setting up its new European headquarters in Riverside South, the planned three and a half million square foot project to the west of the estate.

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