Bishopsgate & Threadneedle
This neighbourhood area is a small sliver of land located on Bishopsgate and Threadneedle Street. The area has a mix of grand classical buildings coupled with a dose of tall glass skyscrapers which can be seen from miles around. There are also some post-war buildings scattered along the street, though these are increasingly in the minority. Tower 42 and the infamous Cheesegrater can both be seen from the street, and looking south from Norton Folgate the iconic Gherkin can be seen at the end of the road.
Bishopsgate, as the name suggests, was the road going through one of the original eight gates of the London Wall, specifically Bishopsgate. The original gate was located just outside the neighbourhood, on Wormwood Street, and was the entry point for travellers from the north-eastern shires. The area started to be populated by the 13th century, and by the 16th century the whole road was lined with buildings. The gate was demolished in 1761, and the medieval street fabric is largely gone, besides the churches which dot the area.
Edward Alleyn was born in Bishopsgate on 1st September 1566. He was a contemporary of Shakespeare, and was one of the most celebrated actors of his day, performing several lead roles in Kit Marlowe’s plays. He retired early, in his thirties, though returned to the stage a few years later. He not only owned theatres, but also bear pits and brothels – the money from which he used to endow Dulwich College.
Threadneedle Street is one of the nine streets which converge at the Bank junction, and indeed the Bank of England (based at the junction since 1734) is occasionally known as ‘the Old Lady of Threadneedle Street’. Bishopsgate, meanwhile, has transformed from a former Roman road to the highest rising street in the City of London, with tall buildings clustered on the southern portion of the area.
The area is the tallest street in the City, which contributes to the crowdedness on the ground However, the area is full of amenities as a result, including several 24-hour joints. The range of cuisines on offer for visitors to the area is also astounding.
The ever increasing density of this area is not set to slow down anytime soon with the 278 metre tall tower at 22 Bishops gate opening two years ago. Dominating the skyline of the City, this development is the second tallest in London after only the Shard, which also makes it one of Europe’s tallest buildings. The historic importance of this district coupled with its incredibly high density design means that it is often difficult for investors to find space to build. Nonetheless, interest in the postcode remains high following the opening of the Elizabeth Line at nearby Liverpool street, bringing commuters directly to the area from around the Thames Valley.