Walkie Talkie takes a big step forward

THE CONSTRUCTION of 20, Fenchurch Street, known as the Walkie Talkie, moved forward this week with the installation of the first of 4,5000 steel sections that will make up the building’s base.

The Land Securities and Canary Wharf Group development is set to complete in 2014, providing 675,000 square feet of office space to the London market.

The developers have aimed to give jobs to local people, offering training opportunities in construction.

Says Colette O’Shea, head of development for Land Securities’ London portfolio: “Developments like 20, Fenchurch Street are central to the City of London’s appeal as one of the world’s great business hubs.”

The 20, Fenchurch Street building is going up in eyeshot of the Shard, which has recently reached its highest point.