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.
