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Salesforce Tower, 110 Bishopsgate (formerly known as, Heron Tower) is a commercial skyscraper in London. It stands tall including its mast making it the second tallest building in the City of London financial district and the fifth tallest in Greater London and the United Kingdom, after the Shard in Southwark, 22 Bishopsgate, One Canada Square and Landmark Pinnacle both at Canary Wharf. 110 Bishopsgate is located on Bishopsgate and is bordered by Camomile Street, Outwich Street and Houndsditch.
Construction of the building started in 2007 and was completed in 2011. It is owned by Heron International and is still popularly known as Heron Tower, though following a naming dispute in 2014 involving the tenant Salesforce.com the City of London planning committee made it clear they would rule in favour of the property being officially named 110 Bishopsgate, although the application was withdrawn before it went to committee. The tower initially struggled to attract tenants in the depths of the Great Recession, but is now fully let.
It attracted some controversy when first announced due to its proximity to St Paul's Cathedral when viewed from Waterloo Bridge. English Heritage was notably vocal in expressing concerns. A public inquiry was subsequently held, the outcome of which was decided by deputy prime minister John Prescott, who ruled in the developers' favour. The tower was given final approval for construction in July 2002.
Three years later, the project had yet to begin construction. In September 2005 the Heron Property Corporation submitted a planning application to increase the height of its approved building. Heron's revised plans now proposed a tall tower topped by a mast, giving it a total height of . Although the design was largely identical to the previous scheme, the tower's crown and southern façades were refined. In January 2006, the revised project was approved by the City of London Corporation.
In February 2013, it was revealed in The Times that backers of the tower included Prince Abdul Aziz bin Fahd, a son of the late King Fahd of Saudi Arabia. The Times, page 37, headline Fish in the foyer but not enough tenants to keep investors in Heron Tower happy
A bar-restaurant called The Drift occupies part of the ground and first floors. There is a restaurant and "sky bar" leased to Sushisamba and Duck & Waffle, both open to the public, on floors 38–40.[1] Situated above the City and accessed by scenic lifts from a dedicated entrance on Bishopsgate, the restaurant and bar also have external terraces.
Subsequent agreed tenants included the pensions company Partnership Assurance, investment fund manager Securis Investment Partners, stockbroker Westhouse Securities, POWA, recruitment firm Harvey Nash, Openwork, and Salesforce.com, the software firm. As part of Salesforce's deal to take an additional 50,000 sq ft on levels 28-31 on a 15-year lease, it reportedly purchased naming rights to the tower, just as it had for Salesforce Tower in San Francisco. After much deliberation with the City of London planners, the building's official name was confirmed as 110 Bishopsgate, with Salesforce Tower able to be used as an informal name.
Landmark has offered serviced office space from floors 17-19 of the tower since 2011, achieving above-average occupancy rates for London. Business Centre of the Month: Landmark’s Heron Tower, searchofficespace.com, 13 December 2013 The top floors of the building are occupied by the Sushisamba and Duck & Waffle restaurants.
Proskauer Rose, another law firm, moved into the building in 2015, taking out an 18,000 sq ft lease.
The London office of the Interactive Brokers, a U.S. low cost online brokerage platform, is also present on level 20.
In January 2016, it was confirmed that the building was fully let.
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