5 Canada Square | |
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General information | |
Status | Completed |
Type | Commercial offices |
Architectural style | Postmodern |
Location | Canary Wharf London,E14 United Kingdom |
Coordinates | 51°30′20″N0°01′07″W / 51.505556°N 0.018611°W /51.505556; -0.018611 |
Construction started | 1999 |
Completed | 2003 |
Height | |
Roof | 87.70 m (287.7 ft) |
Technical details | |
Floor count | 16 |
Floor area | 46,450 m2 (500,000 sq ft) |
Design and construction | |
Architect(s) | Skidmore Owings & Merrill |
References | |
[1][2][3] |
5 Canada Square is a 15-storey, 87.7 m (288 ft) office building in theCanary Wharf financial district development ofLondon,England.
5 Canada Square was completed in 2003. The steel-framed building has an aluminum curtain wall and it features a large atrium on its south side with 46,450 m2 (500,000 sq ft) of floorspace.[4]
The principal tenant at 5 Canada Square is the European arm and HQ ofBank of America Securities. The building is used for the bank’s global cash-management business for clients.[5]Credit Suisse also occupies part of the building.[6]
In 2003,Royal Bank of Scotland (or RBS) bought 5 Canada Square along with25 Canada Square, another Canary Wharf building, for a total of £1.1 billion from Canary Wharf, a major property firm that developed the facility.[7] 5 Canada Square was originally leased by Credit Suisse First Boston but after a banking downturn and not needing the space, Credit Suisse let the space toBank of America.[6]
In July 2007, the building was sold by RBS to Evans Randall, a banking firm, for £452 million, making it the firm’s largest UK investment to date.[8] In 2011, Bank of America chose to renew its lease at 5 Canada Square instead of move to another London location.[5] The building was subsequently sold to St Martins Property Group in January 2013.[9]
From late 2016,Thomson Reuters is due to sublease 350,000 sq ft from Credit Suisse until 2020, consolidating all of its London operations under one roof for the first time.[10]