Costs and regulation woes hit London’s tower-development pipeline

By Tom Lowe2022-04-25T10:36:00

Number of applications for blocks of 20-storeys or more down by a third from 2018 peak

London’s pipeline of big tower schemes is set to dwindle in the coming years because of rising costs, economic uncertainty and new building regulations, a new study has found.

Developers are increasingly backing away from schemes taller than 20 storeys in the capital, particularly in the inner city, according to the latest New London Architecture annual tall buildings survey.

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Costs and regulation woes hit London’s tower-development pipeline

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