The Tulip

A planning application was submitted to the City of London on 13 November 2018 for The Tulip, a new public cultural and tourist attraction.

This project is proposed by J. Safra Group and architects Foster + Partners, owners and architects of The Gherkin..

The Tulip would enhance The Gherkin, one of the City's most admired buildings, and offer a new state-of-the-art cultural and educational resource for Londoners and tourists.

The proposal for a unique 305.3-metre-high attraction reflects a desire to build public engagement within the City and its Culture Mile, contribute to London's sustainability objectives, provide a free educational facility for London's state schools, and deliver significant economic benefits to the City, Greater London and beyond.

Find out more at TheTulip.com

Notes to Editors

The planning submission was formally made in the name of Bury Street Properties (Luxembourg) SARL.

Subject to the planning approval process, construction on The Tulip could begin in 2020 with completion projected for 2025.

Culture Mile is a new home for contemporary culture in the ancient heart of London’s working capital, inspiring visitors to wander winding medieval streets and marvel at architectural wonders. The City of London Corporation, together with the Barbican, Guildhall School of Music & Drama, London Symphony Orchestra and the Museum of London, are bringing the area to life with imaginative collaborations and exciting events. https://www.culturemile.london.

Foster + Partners

Foster + Partners is a global studio for architecture, urbanism and design, rooted in sustainability, which was founded fifty years ago in 1967 by Norman Foster, who is executive chairman. Since then, he and the team around him have established an international practice with a worldwide reputation for thoughtful and pioneering design, working as a single studio that is both ethnically and culturally diverse. The studio integrates the skills of architecture with engineering, both structural and environmental, urbanism, interior and industrial design, model and film making, aeronautics and many more – the collegiate working environment is similar to a compact university. These diverse skills make the studio capable of tackling a wide range of projects, particularly those of considerable complexity and scale. Design is at the core of the studio.

J. Safra Group

The J. Safra Group (the “Group”), with total assets under management of over USD 249 billion and aggregate stockholders equity of USD 18.9 billion, is controlled by the Joseph Safra family. The Group consists of privately owned banks under the Safra name and investment holdings in asset based business sectors such as real estate and agribusiness. The Group’s banking interests in over 160 locations globally, are: J. Safra Sarasin, headquartered in Basel, Switzerland; Banco Safra, headquartered in Sao Paulo, Brazil; and Safra National Bank of New York, headquartered in New York City, all independent from one another from a consolidated supervision standpoint. The Group’s real estate holdings consist of more than 200 premier commercial, residential, retail and farmland properties worldwide, such as New York City’s 660 Madison Avenue office complex and London’s iconic Gherkin Building. Its investments in other sectors include, among others, agribusiness holdings in Brazil and Chiquita Brands International Inc. With deep relationships in markets worldwide, the Group is able to greatly enhance the value of businesses which are part of it. There are more than 31,000 employees associated with the J. Safra Group.

Media Contacts

Contact: media@thetulip.com

Foster + Partners

Katy Harris: +44 207738 0455

J. Safra Group

Kekst CNC, London

Vanessa Neill: +44 7827 271558 or Callum Laidlaw: +44 7725 485778

Geneva Cabinet Privé de Conseils

Nick Miles: +41 22 552 46 26 or +4179 678 76 26

Kekst CNC, New York

Mark Semer: +1 (212) 521 4802