Demolition contractor Keltbray has been sounded out on the potential demolition of London's stalled Pinnacle "stump" the firm's owner Brendan Kerr has revealed. Demolishing the seven storeys of concrete core on site - abandoned since 2012, earning the development the "stump" nickname - would enable a substantial redesign of the project. The Saudi Arabian owners of the Pinnacle are currently marketing the skyscraper to potential investors via property agent CBRE to try to revive the scheme, which has been lying dormant since the beginning of 2012 after finance dried up. Interested parties have been asked to work with a revised version of the existing design drawn up by Kohn Pedersen Fox, but Building understands rival teams are considering more significant design changes, which could necessitate demolishing existing work on site.
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