History
The mixed-use tower's proposed height was 131 m (430 ft), it had 44 floors, providing 35,298.00 square metres of space. The ground floor comprised retail space, while floors 1 to 23 (140,000 square feet of space) would be a hotel and floors 24 to 41 residential, with a penthouse on the top two floors. In total there will be 237 flats. In May 2007, Albany proposed adding a further 10 storeys increasing its height to 160 m (525 ft). Adjoining the tower was a smaller, 11-storey structure, at 49 m (160 ft), with approximately 14,500 square metres of space to be occupied by retail and offices.
A planning application was submitted in February 2005. Albany then purchased the site in October 2005 for £6 million. Planning permission was approved on the 11 November 2005.
The site is occupied by five-storey offices built in the 1960s occupied by a Labour Exchange, part of the Department of Employment. It was proposed to be demolished in early 2006 but remains standing.
The project stalled due to the failure of Albany Assets to sell apartments in its other developments.
Albany Crown entered administration in May 2010 leaving little chance of the skyscraper being constructed.
Read more about this topic: Albany Crown Tower
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