Skyscraper · United Kingdom

How much did 122 Leadenhall Street cost?

The Leadenhall Building at 122 Leadenhall Street is a 224.5-metre, 48-floor office tower in the City of London designed by Rogers Stirk Harbour + Partners for British Land and Oxford Properties. Its tapering profile, nicknamed the Cheesegrater, preserves protected views of St Paul's Cathedral. Construction restarted in early 2011 after preliminary work had paused during the financial crisis; shell-and-core completion followed in July 2014, and the building officially opened for business in October 2015. It contains 84,424 sq m of gross internal area and 60,250 sq m of lettable space.

Reported project cost

£340 million

Approximately $525.11 million

Cost basis: 2010

"The Cheesegrater" (122 Leadenhall Street) and "The Gherkin" (30 St Mary Axe). Taken from The Monument. The rear of the Lloyd's building makes up the lower foreground. Photographer's notes: Each of the 21 frames that make up this image were taken with a Sony A33 camera and Sony 55-300 lens at 130mm. The exposure was f/6.3, 1/400s, ISO 100. The viewing platform on the Monument is covered in a wire cage with holes too small to stick a DSLR lens through. This image was only possible by hand-holding
ColinCC BY-SA 4.0

Cost record

How the cost changed

Budgets, contracts and final costs may cover different stages. Each figure keeps its own year and source.

Reported project cost

2010

£340 million

Approximately $525.11 million

rshp.com

Project metrics

Key dimensions

Project record

Timeline

  1. 2011

    Construction started

    British Land and Oxford Properties
  2. 19 October 2015

    Opened or launched

    Rogers Stirk Harbour + Partners

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