Pinnacle design destined for scrapheap

NEW DESIGNS for the Pinnacle tower in the City are being drawn up as its owners prepare to sell the ill-fated site, where work ground to a halt three years ago. A consortium led by French fund manager Axa is said to be close to buying the scheme from Arab Investments and Sedco. PLP Architecture, founded by Lee Polisano – the original architect on the site – is working on new plans.

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