London High-Rise Office Towers Construction Cost Increase
Sector: Warehouse • Location: London, England, United Kingdom
Source: Geomechanics.io
Construction costs for new high-rise office towers in London have risen by up to 40% since 2020, making schemes more than three times as expensive as in Seoul and around 10 times Mumbai. The report highlights cost differences due to tower massing and form, with landmark designs like The Shard incurring higher costs than more efficient blocks like 22 Bishopsgate. London is experiencing a 'doing mor
- Status
- Under Construction
- Sector
- Warehouse, Commercial, Residential
- Location
- London, England, United Kingdom
- Updated
- 22 Jul 2026
- Source
- Geomechanics.io
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Project Information
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Status
Original status | ongoing cost trend |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
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Description
Description | Construction costs for new high-rise office towers in London have risen by up to 40% since 2020, making schemes more than three times as expensive as in Seoul and around 10 times Mumbai. The report highlights cost differences due to tower massing and form, with landmark designs like The Shard incurring higher costs than more efficient blocks like 22 Bishopsgate. London is experiencing a 'doing more with less' wave, emphasizing early-stage viability testing, tighter detailing, and closer supply-chain engagement. |
Original sector | Construction |
Location
Country | United Kingdom (UK) |
State | England |
City | London |
Source
Source | Geomechanics.io |
URL |
More Details
Record type | Project |
Sector | Warehouse, Commercial, Residential |
Article published date | 2026-03-27 |
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