HSBC tower, well-known building, to undergo major renovation that will include removing large pieces.

The iconic skyscraper, towering over London's bustling Canary Wharf, is about to undergo a major transformation. With a futuristic design and a focus on public accessibility, this £1.1 billion project is set to become a landmark in the city's ever-evolving skyline.

Developers have big plans for the 42-storey HSBC tower, which will soon be converted into a multi-use complex. The first order of business is to carve out large sections of the building to create space for a variety of purposes. This includes entertainment facilities, residential units, and smaller office spaces, all of which will be available for lease.

One of the most striking features of the revamp is a cut-out that spans several storeys near the top of the building. This unique design element will open up space for a massive, tree-lined terrace - the perfect spot to take in the stunning views of the city. But that's not all - several smaller terraces will also be built lower down the tower, acting as dividers for the different sections.

In 2027, HSBC will be bidding farewell to its current headquarters as part of a larger trend of companies moving away from traditional office spaces in the wake of the pandemic. This shift has forced developers to think outside the box and come up with innovative solutions to repurpose these large buildings.

The new and improved HSBC tower will undoubtedly make a statement in the Canary Wharf skyline, thanks to its unique design and visible terraces. And while the tower's owners, the Qatar Investment Group, are overseeing the project, it is being managed by the Canary Wharf Group. The group expects the redevelopment to be completed by 2030 and is working closely with renowned US architects Kohn Pedersen Fox to bring their vision to life.

In 2014, the tower was purchased for a whopping £1.1 billion by the Qatar Investment Group from South Korea's national pension service. And with the latest London news reporting that the city is in the midst of a heatwave, this project couldn't come at a better time. As the city continues to evolve and grow, this redevelopment is a testament to the ever-changing landscape of London.

Shobi Khan, the chief executive of CWG, expressed his excitement for the project, stating, "This redevelopment is another step in Canary Wharf's evolution into a vibrant mixed-use neighbourhood. We are creating a true 15-minute city, where people can live, work, and play all in one convenient location." With its futuristic design and public spaces, the revamped HSBC tower is sure to become a beloved and iconic part of London's landscape.

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