By 2030, London foresees itself as an ever-expanding metropolis with a population of ten million. Faced with limited space and the imperative to preserve the surrounding green belt, the city is adopting a strategy of vertical development, foreshadowing a radical change in its skyline. This development led to London being coined the nickname ‘Manhattan on the Thames’.
Vertical growth: an urban necessity
Vertical growth: In the last ten years, London has seen the construction of 270 new buildings of more than 20 storeys.an urban necessity A report by New London Architecture predicts that the number of new skyscrapers will more than double in the next ten years, with 583 new structures that have already received building permits or are under construction. This transformation is part of a broader strategy to optimise the use of urban space in response to growing demographic and commercial pressure.
The reaction of Londoners and the political implications
Although vertical expansion is seen as a necessary solution by urban planners, public perception is mixed. According to recent surveys, half of London’s residents feel overwhelmed by the increasing number of skyscrapers and would prefer a break in this rapid urbanisation. Despite this, some icons such as Renzo Piano’s Shard continue to garner admiration, maintaining its position as the favourite and tallest skyscraper in Western Europe.
The role of mayors in the transformation of London
The shared vision of a London growing in height was supported by mayors from different parties, demonstrating a rare cross-party agreement on the need to develop the city vertically. From Ken Livingstone to Boris Johnson to the current mayor Sadiq Khan, there has been a political continuity in promoting the construction of skyscrapers as a solution to physical limitations and the growing demand for housing and commercial space.
Conclusion
The transformation of London into a city of skyscrapers is not only a response to the need for space, but also a new chapter in its long urban history. As the cityscape continues to evolve, the resulting challenges will also be crucial in defining London’s future as one of the great global metropolises. Balancing development and sustainability, London seeks to navigate the complex landscape of urban growth, changing demographics and economic pressures.
Forbes is talking about us!
If you found this article interesting, please visit our blog or our instagram page.
FGN is your guide in the financial and investment world, to safeguard your portfolio and avoid the erosion of your savings.