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Gooch Ware "G" Travelstead was an American property developer and entrepreneur, born in Kentucky in 1938; died in Norfolk, Virginia on October 19, 2021. While head of First Boston Real Estate, a subsidiary of Credit Suisse First Boston, Travelstead was the original designer and promoter of the Canary Wharf estate in London Docklands.
Travelstead came from a Kentucky family. His grandmother Nelle Gooch Travelstead was the daughter of a prominent Democrat state politician and was a teacher. [1]
His father Will Gooch Travelstead was an engineer and businessman who owned Travelstead Construction Company in Baltimore, Maryland. He was involved in the construction of many projects such as the World Trade Center building, and also was the subcontractor for the construction of Cape Kennedy. He and his first wife were the parents of two children, G. Ware Travelstead and Malcolm Travelstead.
After retiring in 1975, Will Travelstead returned to Bowling Green, Kentucky and lived in a vacation home until he could complete renovation of the old family home, Travelogs. Will Travelstead died in 1981.
During the 1980s Credit Suisse First Boston made him the head of their real estate division, which provided US$37 million in financing for Travelstead's projects. [2] [3]
Among these projects, Travelstead was the original promoter of the London Docklands project, convincing the Lower London Development Commission to start the project. [4] [5]
Travelstead promoted the development of Barcelona's run-down port area in the run up to the Olympic Games of 1992, working with Bruce Graham of Skidmore, Owings and Merrill to create the scheme which later became Porto Olimpico. He was behind the design and development of the Hotel Arts, a 45-storey, 600-room luxury hotel, together with Japanese company Sogo. However, later the hotel was acquired by Deutsche Bank.
In the early 1990s Travelstead proposed a 74-story 1,400,000 sq ft (130,000 m2) tower at 383 Madison Avenue. [6] Designed by Kohn Pedersen Fox, the building was to have an elegant crown of screens at the top and to be about the same height as the Chrysler Building. Unfortunately he was unable to acquire sufficient "air rights" to build the tower - and embarked on an innovative attempt to acquire such rights in a swap from Grand Central Terminal. The City of New York opposed this development and changed the rules to prevent this from being attempted again. Without the air rights the building was unviable and his development partners pulled out in 1993. The new Bear Stearns headquarters was built on the 383 Madison Avenue site.
Canary Wharf is an area of London, England, located near the Isle of Dogs in the London Borough of Tower Hamlets. Canary Wharf is defined by the Greater London Authority as being part of London's central business district, alongside Central London. Alongside the City of London, it constitutes one of the main financial centres in the United Kingdom and the world, containing many high-rise buildings including the third-tallest in the UK, One Canada Square, which opened on 26 August 1991.
One Canada Square is a skyscraper in Canary Wharf, London. It is the third tallest building in the United Kingdom at 770 feet (235 m) above ground level, and contains 50 storeys. It achieved the title of the tallest building in the UK upon completion in 1991 and held the title for 21 years until the completion of The Shard (310m) in 2012.
25 Bank Street is an office tower in Canary Wharf, in the Docklands area of London. It is currently home to the European headquarters of the investment bank JPMorgan Chase.
West India Quay is a Docklands Light Railway (DLR) station in Canary Wharf’s West India Quay. It is located at the point where the line from Lewisham splits into branches to Tower Gateway/Bank and Stratford. The next stations on each line are Canary Wharf DLR station, Westferry and Poplar DLR station. The station is in Travelcard Zone 2.
Olympia & York was a major international property development firm based in Toronto, Ontario, Canada. The firm built major financial office complexes including Canary Wharf in London, the World Financial Center in New York City, and First Canadian Place in Toronto. It went bankrupt in the early 1990s and was recreated to eventually become Olympia & York Properties.
Wood Wharf is a 23 acre site in Canary Wharf, London. It is currently under construction to provide offices, residential homes and retail space. The site is next to Canary Wharf. Wood Wharf will contain 5 million square feet of space, which will include 2 million sq ft of office space, 3,330 residential homes, 3.6 hectares of public spaces, and 380,000 sq ft of shops, restaurants and space for community use. It is estimated to be completed in 2023.
383 Madison Avenue, formerly known as the Bear Stearns Building, is a 755 ft (230 m), 47-story skyscraper in the Midtown Manhattan neighborhood of New York City, New York, U.S. Built in 2002 for financial services firm Bear Stearns, it was designed by architect David Childs of Skidmore, Owings & Merrill (SOM). It housed Bear Stearns's world headquarters until 2008, when Bear collapsed and was sold to JPMorgan Chase. Since then, JPMorgan's investment banking division has occupied the building.
Albert Joseph Ward, known as Reg Ward, was the first Chief executive of the London Docklands Development Corporation (LDDC), serving in that capacity from 1981 to 1988.
Tishman Speyer Properties is an American multinational coorporation based at 45 Rockefeller Plaza in Midtown Manhattan. The conglomerate invests in high-profile real estate properties, has developed multiple buildings around the world, and has owned famous buildings and land plots, including the Chrysler Building.
Columbus Tower was a planned high-rise development by Commercial Estates Group approved for construction on a site on the Isle of Dogs, London Borough of Tower Hamlets. The 63-storey, 242 m (794 ft) AOD tower would have been located on a 0.36-hectare site at the western end of the north dock at West India Quay. At 2009 projected cost was £450M to build and reaching 237 metres in height, and projected was taller only by 2 m than One Canada Square.
1 Cabot Square is a 21-floor office building in Cabot Square, Canary Wharf, London, England. From its completion in 1991 until 2023, the building's primary tenant was Credit Suisse.
Dr Michael von Clemm (1935–1997) was an American businessman, restaurateur, anthropologist and president of Templeton College, Oxford. Although in one interpretation of his life, he was merely a high-flying banker, he could also have been said to have helped start the restaurant revolution in the UK of the 1980s, and to have been the original father of the Canary Wharf development. He helped found the London Eurodollar market, saving London's position as a global financial centre. He also made a huge impact in his work for charity and the English Speaking Union. All this despite his training being as a professor of anthropology.
St Martins Property Investments Limited is a property development, investment and asset management company based in the United Kingdom representing the real estate interests of the State of Kuwait with their headquarters in London Bridge City, London. The company is wholly owned by the Kuwait sovereign wealth fund, Future Generations Fund.
Times Square Tower, also known as 7 Times Square, is a 48-story office skyscraper at the southern end of Times Square in the Midtown Manhattan neighborhood of New York City. Located on the city block bounded by Broadway, 42nd Street, Seventh Avenue, and 41st Street, the building measures 724 feet (221 m) tall. The building was designed by David Childs of Skidmore, Owings & Merrill and developed by Boston Properties. The site is owned by the New York City Department of Citywide Administrative Services, though Boston Properties and Norges Bank have a long-term leasehold on the building.
The General Motors Building is a 50-story, 705 ft (215 m) office tower at 767 Fifth Avenue at Grand Army Plaza on the southeast corner of Central Park, in Manhattan, New York City. The building occupies an entire city block between Fifth Avenue, Madison Avenue, 59th Street, and 58th Street on the site of the former Savoy-Plaza Hotel. It was designed in the International Style by Edward Durell Stone & Associates with Emery Roth & Sons and completed in 1968.
Joseph Chetrit is an American real estate investor and developer and founder of the Chetrit Group.
Spire London, previously known as Hertsmere House, is a construction project located in West India Quay, near Canary Wharf. Developed by Greenland Group and designed by HOK, construction on the tallest building of 67 stories commenced in 2016, and was targeted for completion in 2021.
Lincoln Plaza is a 31-storey luxury housing development situated on Millharbour on the Isle of Dogs, part of the Docklands area of London, England and located near South Quay DLR station. Lincoln Plaza is one of several new high-rise residential developments that have been constructed on the Isle of Dogs in recent years. Designed by BUJ Architects for Galliard Homes, it features two residential towers, and also includes a hotel. The hotel opened in 2018 and will operate under the Curio brand by Hilton.
Cascades Tower is a 20-storey residential building and a distinctive local landmark on the Isle of Dogs in East London. It was designed by Rex Wilkinson, a partner in the celebrated architectural firm CZWG, and built in 1987–88.
270 Park Avenue, also known as the JPMorgan Chase Building, is a supertall skyscraper under construction on the East Side of the Midtown neighborhood of Manhattan in New York City. Designed by the firm of Foster + Partners, the skyscraper is expected to rise 1,388 feet (423 m) when completed in 2025.