1980 - 1999
     
Early 80s Largely vacant retail, office and public space.
     
1986   Ownerships restructured. CEGB take ownership of Sudbury House and remainder of site sold on 250-year lease from the Church Commissioners to consortium made up of Stockley Plc (50%), British Land, Unilever and Barclays Bank. As part of acquisition, Sheldon House sold on long lease to Charterhouse Bank. Stanhope appointed as developer on behalf of owners. (Stuart Lipton also major shareholder in Stockley Plc.)
     
Nov 86   General architects competition launched.
     
Mar 87   Shortlist of architects selected: Arup Associates; James Stirling; Michael Wilford & Associates; Richard Rogers Partnership; Skidmore Owings & Merrill; Arata Isozaki; MacCormac Jamieson Prichard & Wright; Foster Associates.