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 Strong Sales Drive The Heron Upwards

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PostSubject: Strong Sales Drive The Heron Upwards   Mon Nov 15, 2010 4:01 pm

The housing industry may be down in the dumps but one development that's definitely not affected is The Heron in the City of London, a tower that takes its name from the property company developing it.

The first phase of the apartments for the residential building, the largest to be built in the City since the Barbican that it stands next to, have seen sales of 45% so far representing 128 units out of the 284 it will have. This phase however does not include the upper six floors of the building that will have the 11 premium apartments and penthouses.

The sales no doubt have come in so fast compared to other developments thanks to the prime location that the tower has. Despite accommodating hundreds of thousands of office workers, the City of London has about 8,000 residents in it meaning almost everyone has to commute so residential space is at a premium.

In addition to the apartments in the building it will also have the Guildhall School of Music and Drama along with associated teaching facilities and performance space located in its base as a replacement for their previous building which also stood on site, Milton Court.

Construction work on the David Walker Architects designed project has been underway now for several months. Once complete it will stand at a height of 111.98 metres creating a mini-cluster with Citypoint and Ropemaker Place both literally next door.

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