Citigroup Centre (London)

{{Short description|Building complex in London, England}}{{About|2=similarly named buildings|3=Citigroup Center (disambiguation)}}

{{Use dmy dates|date=February 2018}} {{Use British English|date=February 2018}} {{Infobox building | name = Citigroup Centre | image = Canary Wharf Citigroup Centre from the ground.JPG | image_size = 240px | location = Canary Wharf<br />London, {{postcode|E|14}}<br />United Kingdom | coordinates = {{coord|51|30|14.4|N|0|1|4.1|W|region:GB_scale:5000|display=inline,title}} | construction_start_date = 1998 | completion_date = {{Start date and age|2001|df=yes}} | building_type = Commercial | antenna_spire = | highest_next = | top_floor = | roof = {{convert|200|m|ft|0}} | floor_count = 45 | floor_area = {{convert|170,000|sqm|abbr=on}} | elevator_count = | architect = CGC1: Foster and Partners<br>CGC2: Pelli Clarke Pelli, with Adamson Associates as executive architect | owner = Citigroup }}

The '''Citigroup Centre''' is a building complex in London. It houses Citigroup's EMEA headquarters and is located in Canary Wharf in the city's Docklands. The centre provides {{convert|170000|sqm}} of floor space across two buildings - '''33 Canada Square''' and '''25 Canada Square''' (Citi Tower), and houses the bulk of Citi's 9,000-strong UK employee base. The buildings were separated in 2023, prior to renovation of 25 Canada Square.<ref name=Kollewe>{{Cite news |last=Kollewe |first=Julia |date=2022-01-26 |title=Citigroup plans £100m revamp of Canary Wharf tower |language=en-GB |work=The Guardian |url=https://www.theguardian.com/business/2022/jan/26/citigroup-plans-100m-revamp-of-canary-wharf-tower |access-date=2023-09-02 |issn=0261-3077}}</ref>

25 Canada Square, stands at {{convert|200|m|ft|0}} and, upon its completion in 2001, became the second-tallest building in the United Kingdom (only behind One Canada Square).<ref>{{usurped|1=[https://web.archive.org/web/20040603050151/http://www.emporis.com/en/wm/bu/?id=110742 Emporis Index - 25 Canada Square]}}</ref> Designed by César Pelli & Associates with Adamson Associates as executive architect, construction of the 45-storey tower – undertaken by Canary Wharf Contractors<ref>[http://www.cwcontractors.com/projects25Canada.asp Canary Wharf Contractors website] {{webarchive|url=https://web.archive.org/web/20071021181727/http://www.cwcontractors.com/projects25Canada.asp |date=2007-10-21 }}</ref> – began in 1998 and was completed in 2001, with Citigroup leasing the building from the outset.<ref>{{Cite web |url=http://www.skyscrapernews.com/buildings.php?id=56 |title=Skyscraper News |access-date=6 December 2006 |archive-date=11 March 2018 |archive-url=https://web.archive.org/web/20180311220447/http://www.skyscrapernews.com/buildings.php?id=56 |url-status=dead }}</ref> The building was bought by RBS in 2004 along with 5 Canada Square (leased to Bank of America) for $1.12 billion.<ref name="sale">{{cite news| last=Brodie| first=Sophie| url=https://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/07/02/cntower102.xml| archive-url=https://web.archive.org/web/20070704181404/http://www.telegraph.co.uk/money/main.jhtml?xml=%2Fmoney%2F2007%2F07%2F02%2Fcntower102.xml| url-status=dead| archive-date=4 July 2007| publisher=The Daily Telegraph| title=Citigroup tower sold in £1bn deal| date=2007-07-02| access-date=15 July 2021}}</ref> Subsequently, on 2 July 2007, 25 Canada Square was individually sold to a joint venture between Quinlan Private and PropInvest for £1 billion (US$2 billion).<ref name="sale"/> Citigroup paid £46.5 million a year in rent for the tower, generating a yield of 4.6% to the owners.<ref name="sale"/> Citi later bought the tower for £1.2bn in 2019. The east facing side of 25 Canada Square up to level 40 is configured for use by tenants.

33 Canada Square, is the smaller of the two buildings in the complex, designed by Norman Foster and completed in 1999, two years before its neighbour. At {{convert|105|m|ft|0}} tall, the building is made up of eighteen floors.<ref>{{usurped|1=[https://web.archive.org/web/20040611205412/http://www.emporis.com/en/wm/bu/?id=110712 Emporis Building Index - 33 Canada Square]}}</ref> The building is owned by Citigroup, and was built before the completion of the Jubilee line extension in late 1999.

In addition to main entrances from both Canada Square and Upper Bank Street, Citigroup Centre is also accessible via underground walkways from Canada Place shopping mall and Canary Wharf London Underground station - served by the Jubilee line. The Centre is also close to DLR stations Canary Wharf and Heron Quays, which provide connections with the City, London City Airport and surrounding areas.

In 2022, plans were announced to refurbish the 25 Canada Square Citi Tower building. The £100m redevelopment would incorporate holistic spaces such as parent rooms, prayer rooms and green spaces including a winter garden.<ref name=Kollewe/> By January 2025, refurbishment costs had escalated to over £1bn; work on site started in July 2023 with completion expected in 2026.<ref>{{cite news |title=Citi tower refurb costs reach £1bn |url=https://www.theconstructionindex.co.uk/news/view/citi-tower-refurb-costs-reach-1bn |access-date=17 January 2025 |work=The Construction Index |date=17 January 2025}}</ref><ref>{{cite news |last1=Makortoff |first1=Kalyeena |title=Citigroup commits to office working with £1bn Canary Wharf tower revamp |url=https://www.theguardian.com/business/2025/jan/16/citigroup-commits-office-working-1bn-canary-wharf-tower-revamp |access-date=17 January 2025 |work=Guardian |date=16 January 2025}}</ref>

== References == {{Reflist}}

Category:Skyscrapers in the London Borough of Tower Hamlets Category:Buildings and structures in the London Borough of Tower Hamlets Category:Canary Wharf buildings Category:Citigroup buildings Category:César Pelli buildings Category:Skyscraper office buildings in London Category:Adamson Associates buildings