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WHAT TO DO WITH CANARY WHARF
(FORTUNE Magazine) – With Olympia & York falling into bankruptcy, what will be the fate of its $5.4 billion Canary Wharf development in the docklands of London? Rumors abound that Dubai's Sheikh Maktoum al Maktoum, Hong Kong billionaire Li Ka-shing, or Britain's very own Lord Hanson, chairman of the Hanson conglomerate, may launch a rescue mission. But as demonstrated at left, the scuttlebutt has done nothing to stem suggestions for other uses for the ten-million-square-foot albatross. BOX: Britishers had suggestions on possible uses for bankrupt Canary Wharf. A new home for the people of Hong Kong, ensuring London's future as the world's financial capital. - Evening Standard Send the tower to Italy to serve as a prop for the Leaning Tower of Pisa - John Sheeran, Cheltenham, Gloucestershire A vertical crematorium easing congestion in London's overcrowded cemeteries -David Rendle, Byfleet, Surrey A new home for Britain's most famous single parent, the recently separated Fergie, Duchess of York - Private Eye |
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