125 London Wall
125 London Wall, also known as Alban Gate, is a postmodernist building on London Wall in the City of London. Along with Embankment Place and Vauxhall Cross, it has been described as one of the three projects that established designer Sir Terry Farrell's reputation in the late-1980s to early-1990s. In 2004, writer Deyan Sudjic described it as "postmodernism at its most exuberant", placing it at number 5 in a list of Ten Triumphs of recent UK architecture.
It is composed of two distinct towers, set at a 90-degree angle to each other. The developers negotiated the air rights to allow one tower to occupy the space above London Wall, the modern thoroughfare running along the perimeter of the Roman City. The building's construction began in 1990, and was completed in 1992 with 18 floors and a maximum height of 82 metres (270 ft).
In 2000, MEPC plc sold the building for around £160 million. In July 2010, it was part of a group of six landmark London properties sold to the Carlyle Group for £671 million following the default of Simon Halabi's property companies.
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- Simpkins, Edward (22 April 2001). "MEPC sells £285m Bedfont Lakes". The Daily Telegraph. Retrieved 19 August 2010.
- Likus, Anita; Ainsley Thomson (8 July 2010). "Carlyle Group Buys Six 'White Tower' Assets For GBP671M". The Wall Street Journal. Retrieved 19 August 2010.[dead link]
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