27 June 2016

Halo Tower, Stratford

Wandering along Stratford High Street the other week I stopped to photograph this mosaic depicting a street seller.

A Georgian flower seller
I was then distracted by the tower block looming behind it – Halo Tower at No.50 is 133 metres tall, has 33 floors and is built in the 'iconic' style.

Views to the Queen Elizabeth Olympic Park
But look closer at the outside of the building and see how the panels on this tower, which is less than five years old (completed 2014), are already starting to deteriorate.


The colour on the dark blue paint panels is flaking away
Genesis' blurb for the building reads "With a central 43 floor residential tower rising high above the London skyline, Stratford Halo is a truly landmark development"
Another site tells me "It's modernistic look attracts high profile businessmen and wealthy people such as YouTubers". Oh, right.
If this is the quality of the fabric on the outside of this building what hope is there for the quality of the workmanship on the interior?

Genesis signage on the building itself and Filtons estate agent window
The information on the ground floor of the building highlights the facilities that come with renting an apartment of this kind; concierge services, integrated branded appliances, dedicated onsite property manager (who doesn't appear to be managing the property very well so far), communal sky gardens, and, of course, gym facilities.
Interesting that there only appears to be rental opportunities.
These clip-together buildings concern me.

And another thought about buying new property regarding the terms of freeholds and leaseholds; how does a 125 year lease apply when many similar new builds will more than likely not last more than 20 years? Where is the security? These are obviously intended as transient property purchases, not homes for living the rest of your life in. 
Call me weird, but I'll stick with bricks and mortar.

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