Work to redevelop Centre Point and the surrounding area starts today. As well as renovating the Grade II listed tower, a new square with shops and restaurants will be created underneath. The tower will be wrapped in artwork by fashion and design company Eley Kishimoto for most of the construction time (it'll take six months to put up).
82 new flats will be built inside Centre Point — the press release describes it as "some of the most desirable real estate in the world" so the likes of us can forget about living there, although 13 'affordable' homes will also be built in the complex. (See our exasperated articles on 'affordable rent' and shared ownership if you're wondering why we're using sarcastic quotation marks.)
As for the designs of the new square... It's just more bland, glass boxes, isn't it? That area is admittedly grim at the moment, but these designs remind us of characterless Canary Wharf. And we've lost Koreatown because of this. Oh well, at least — judging by the video — there'll be a charcuterie.
This should all be finished by summer 2017, well in time for Crossrail, which is expected to flood the area with visitors.