Tech City reaches new heights

New Delhi, June 17, 2015
North of the Square Mile lies Tech City, an area that was once considered a City Fringe location but has come into its own in recent years. Notably, in November 2010, David Cameron announced government’s ambition for East of London to become a world-leading technology city to rival Silicon Valley.

Having undergone significant redevelopment and with investment from companies such as Cisco, Facebook and Google, today the area around Old Street roundabout sits alongside San Francisco and New York as one of the largest technology clusters globally.

At the epicentre of the action is Shoreditch, where almost five times more new business were set up than in Canary Wharf between 2013 and 2014.An area known for its edge and entrepreneurial spirit, Shoreditch is constantly evolving, with new shops, restaurants, cafés and bars appearing all the time, from world-renowned fine dining to quirky speakeasies and experimental pop-ups.

The rise of the tech sector around so-called Silicon roundabout has, however, not only had a commercial impact, but it has also driven growth in the residential market. As a result, demand for property in Shoreditchhas risen strongly.

Next month work is due to start on The Atlas Building, which will rise 152 metres above City Road, making it the tallest tower in Tech City. The mixed-use scheme, which is being developed by private property development and investment firm Rocket Investments, will include a dramatic 40-storey residential tower, a 10-storey office building, as well as a new public piazza and retail space.

With a striking silhouette and spectacular cityscape views across the City and the West End, the tower will be a collection of 302 apartments, including studios, one, two and three bedroom apartments and penthouses – all with either a balcony or terrace.

As well as highly-specified homes, the development will offer residents hotel-style amenities and services, including a gym, spa, swimming pool, 24-hour concierge and security and a private residents’ lounge.

The bold design by award-winning international architectural practiceMAKE Architects aptly responds to the spirit of innovation that is transforming this part of London. With further growth and regeneration predicted, The Atlas Building offers a unique chance to be part of one of London’s most vibrant and opportunistic areas.

To register interest visit: www.theatlasbuilding.com 
CCI Newswire