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Work will proceed after being stalled for much of the year
Brookfield has been told to restart work immediately on the Pinnacle tower.
Work on the Kohn Pedersen Fox-designed, 64-storey tower has been stalled for much of the year - however, funding consortium Arab Investments has agreed with Brookfield to proceed.
The move has been made despite the fact a funding package for the building is still being finalised, with negotiations about a prospective tenant “ongoing”.
Design review aimed at cutting cost of stalled £1bn tower several months overdue amid City opposition to mooted residential element
Contractor and owners of stalled City tower project reach settlement over unpaid fees
Arab Investments puts construction of skyscraper in City of London on hold due to lack of development finance
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