| Author: Stanley Tan
| Tutors: Beth Hughes, Alison Crawshaw
| Royal College of Art
The project originates from the institutionalization of money in forms of commodity and currency exchange. All with the setting of capital as the working model and system of finance which we as citizens and governments have come to adopt and accept.
Given the broad history and depth of the subject; the project and research beckoned for a site and relevance- research focused on money in the city of London in today’s modern market context. Particularly looking at the capital flows into the city of London, and the foreign direct investments staking its share in the infrastructure of the city; transport; utilities and other services.
It also investigates how the current London real estate market is targetting foreign investors and its implications on the city. Raising legitimate inquiries on who really owns the city. How much the city is owned by whom and where from? Even if foreign; so what?
Additionally, what further effects does this have on the Architecture of the city as products for foreign investors- is the cityscape shaped accordingly to foreign buyers’ tastes and desires?
Has London as a city become a commodity?
Has London’s brick and mortar become a global currency?
This project is a satire play on these questions I am raising on the phenomenon taking place in the city of London. I propose the city of London invests in building a tower of power focused on selling London as a city – a monolithic skyscraper which showcases and markets all the available real estate which foreigners can invest in the city.
Potential investors and clients are taken up the tower’s 4 main glass elevators located on all four corners of the building where they get to enjoy and take in the view of London city as they move up the building in programmatic need.
A symbol of power for developers where they can literally affect the London view corridor framework; the tower is able to dictate and is able to morph and change the London city skyline according to what the market is selling, as the facade is made out of marketing plug-in showrooms and suites of different developments taking place in the city of London.