Asticus Building Explained

Asticus Building
Address:21 Palmer Street
Location City:Westminster
Location Country:United Kingdom
Coordinates:51.4988°N -0.1351°W
Current Tenants:The Work Foundation
Opened Date:2006
Destruction Date:-->
Cost:£80m
Owner:Axa Investment Managers
Architecture Firm:Lifschutz Davidson Sandilands
Unit Count:-->

The Asticus Building is an architecturally notable building at 21 Palmer Street in the City of Westminster, London.[1]

The building was designed by architects Lifschutz Davidson Sandilands with a cylindrical shape on a concrete frame in order to maximise light due to the proximity of nearby buildings.[2] The nearby buildings, rising to up to seven storeys, made the site so difficult that it had remained undeveloped for 25 years despite its prime location. A "blister" structure at the rear in a sheltered corner was used to house core services in order to maximise usable space and avoid an awkward floor layout.[3] The building was completed in 2006.

Tenants include The Work Foundation.[4] Outside the entrance is Tim Morgan's steel and glass sculpture Cypher (2004), one of three of that work.[5]

In 2016 it was purchased by Axa Investment Managers for £80m.[6]

Notes and References

  1. http://www.monmouthdean.com/properties/asticus-21-palmer-street-victoria-sw1h-0ad Asticus, 21 Palmer Street, Victoria, London, SW1H 0AD.
  2. https://akt-uk.com/projects/the%20asticus%20building The Asticus Building.
  3. http://www.bco.org.uk/Awards/Winners/2007/Commercial-Workplace2007.aspx BCO Awards - 2007 Commercial Workplace Award.
  4. Web site: The Work Foundation . Work Foundation . 6 April 2019.
  5. http://www.sculpture.org.uk/artwork/cypher Cypher.
  6. http://europe-re.com/axa-im-real-assets-acquires-asticus-building-in-london-for-80m-uk/62324 AXA IM - Real Assets acquires Asticus Building in London for £80m (UK).