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23-651: Paternoster Square is a former historic square, renamed from Newgate Market c. 1872, and now a post-war urban redevelopment, owned by the Mitsubishi Estate , next to St Paul's Cathedral in the City of London . The area was previously named Paternoster Row , after the street of the same name, once centre of the London publishing trade and was devastated by aerial bombardment in The Blitz during World War II . It

46-565: A special purpose vehicle , which successfully bid for the PFI contract for the refurbishment of Government Offices Great George Street , London to house HM Treasury . Lipton sold his share in the company to the chief executive, David Camp, in December 2005. In July 2012, in partnership with Mitsui Fudosan and AIMCo , the company acquired Television Centre at White City for £200 million. and, 2019, in partnership with Mitsubishi Estate ,

69-453: Is a Corinthian column of Portland stone topped by a gold leaf covered flaming copper urn, which is illuminated by fibre-optic lighting at night. The column was designed by William Whitfield's firm Whitfield Partners, and also serves as a ventilation shaft for a service road that runs beneath the square. At the north end of the square is the bronze Paternoster (also known as Shepherd and Sheep ) by Dame Elisabeth Frink . The statue

92-403: Is a small strip outside Warwick Court, where part of the building is set further back. The City of London was hit by one of the heaviest night raids of The Blitz on the night of 29 December 1940. Buildings on Paternoster Row , housing the publishing companies Simpkin & Marshall , Hutchinsons, Blackwood , Longman and Collins were destroyed. St Paul's Cathedral remained intact. In 1956,

115-493: Is now the location of the London Stock Exchange which relocated there from Threadneedle Street in 2004. It is also the location of investment banks such as Goldman Sachs , Merrill and Nomura Securities , and of fund manager Fidelity Investments . The square itself, i.e. the plaza, is privately owned public space . In 2004, Christopher Wren 's 1669 Temple Bar Gate was re-erected here as an entrance way to

138-568: Is one of the core Mitsubishi companies. The company was established in 1937 as a spin-off of the real estate holdings of the Mitsubishi zaibatsu . It was listed on the Tokyo and Osaka stock exchanges in 1953. Its largest concentration of assets is around the Daimaruyū area ( Ōtemachi , Marunouchi and Yūrakuchō districts) west of Tokyo and Yūrakuchō Stations , an area purchased by

161-474: The zaibatsu from the Meiji government in 1890 and developed into an office district. Today, the area houses the headquarters of Mitsubishi Corporation , Mitsubishi UFJ Financial Group , MUFG Bank , Mitsubishi UFJ Trust & Banking , Mitsubishi Heavy Industries , Mitsubishi Electric , Meiji Yasuda Life , Nippon Yusen and other Mitsubishi group companies, as well as numerous other firms not affiliated with

184-589: The Corporation of London published Sir William Holford 's proposals for redeveloping the precinct north of St Paul's Cathedral . Holford's report attempted to resolve problems of traffic flow in the vicinity of the cathedral, while protecting the cathedral's presence as a national monument on some of the highest ground of the City, at the top of Ludgate Hill , on the north bank of the River Thames . The report

207-667: The Grand Front Osaka complex. Mitsubishi Estate stated in November 2014 that it had agreed to sell a 41-year-old office building in Tokyo back to Mizuho Financial Group for $ 1.35 billion. In 2015, Mitsubishi announced that it would hold a majority stake in a redevelopment project north of Tokyo Station that would include the tallest building in Japan , a 390 metres (1,280 ft) skyscraper. The targeted completion date for

230-512: The area. In 1990, architect John Simpson developed a scheme, sponsored by a newspaper competition and championed by the Prince of Wales . It featured classically inspired architecture, which would have been sympathetic with the nearby cathedral. In 1996, permission was granted for a master plan by Sir William Whitfield , which was finally built. The development was implemented by developers, Stanhope plc and Mitsubishi Estate . By October 2003,

253-679: The cathedral side entrance since 2004. Contractors were paid £3,000,000 to restore it and move it from a site in Theobalds Park by the Corporation of London , which received donations from the Temple Bar Trust and more than one livery company . Its original site on Fleet Street, where it stood until 1878, is occupied by the Temple Bar Memorial . Mitsubishi Estate As of 2018, Mitsubishi Estate has

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276-688: The group. In 1990 Mitsubishi Estate fully bought out Rockefeller Group in New York City , the real estate company that then fully owned Rockefeller Center . Since then the older section of the Center has been sold and the Rockefeller Group, still owned by Mitsubishi, owns the western corridor of the complex. Mitsubishi Estate led the redevelopment of the Umekita area north of Osaka and Umeda Stations between 2010 and 2013, including

299-746: The most valuable portfolio in the Japanese real estate industry, with a total value of approx. 7.4 trillion yen, much of which is located in the Marunouchi district of Tokyo. MEC owns Japan's third tallest building, the Yokohama Landmark Tower , as well as the Sanno Park Tower and Marunouchi Building in Tokyo . Mitsubishi Estate has its headquarters in the Otemachi Building in Ōtemachi , Chiyoda, Tokyo . It

322-534: The omission of some of Holford's features. Robert Finch , the Lord Mayor of London , wrote of it in The Guardian in 2004, that it was made up of "ghastly, monolithic constructions without definition or character". In the late 1980s, many tenants moved to other London sites, resulting in a number of premises being left vacant. That prompted landlords and the City of London to welcome proposals to redevelop

345-413: The plaza. The square is near the top of a modest rise known as Ludgate Hill , formerly one of the two highest points in the City of London. It is characterised by its pedestrianisation and colonnades. The historic square was formerly the site of Newgate Market, a meat market serving much of London. By the late nineteenth century it was called Paternoster Square, taking the name from Paternoster Row. It

368-761: The project is 2027. In 2019, Mitsubishi Estate became the developer of the One City Center project in Bangkok, which was completed in March 2023. This marked the Mitsubishi Estate Group's first office development project in Thailand, with a total investment of approximately 8.8 billion Thai baht (around 36.1 billion yen). Standing at about 276 meters tall, One City Center is the tallest office building in Thailand. Mitsubishi Estate collaborated on

391-531: The project with Raimon Land Co. Ltd., a leading developer in Thailand. In 2019, Mitsubishi Estate announced a commitment of 10 billion yen in investments as part of their initiative to discover new business projects and to develop synergy with innovative businesses. Stanhope plc Stanhope plc is a large property development company based in London , England. Its developments have included Broadgate and Television Centre at White City . Stanhope

414-448: The redeveloped square was complete, lined with buildings by Whitfield's firm among others. Among the first new tenants was the London Stock Exchange . The London Stock Exchange was the initial target for the protesters of Occupy London on 15 October 2011. Attempts to occupy Paternoster Square were thwarted by police, Police sealed off the entrance to Paternoster Square. A High Court injunction had been granted against public access to

437-399: The square, defining it as private property. The square was repeatedly described as 'public space' in the plans for Paternoster Square, meaning the public is granted access but does not designate the square as a right of way under English law , thus the owner can limit access at any time. The main monument in the redeveloped square is the 75 feet (23 m) tall Paternoster Square Column. It

460-413: Was accessed on the north by Rose Street (originally Roe Street), the west by White Hart Street and the south and east by alleys, which came out in the centre of the sides of the square. In comparison, the modern, extended, White Hart Street meets a longer Rose Street (which now runs just west of the original square) north of the current Paternoster Square. The only area the old and new square have in common

483-474: Was commissioned for the previous Paternoster Square complex in 1975, and was given a new plinth following the redevelopment. Another sculpture in the adjoining Paternoster Lane is Paternoster Vents by Thomas Heatherwick . Temple Bar Gate , a Wren-designed stone archway constructed between 1669 and 1672 on Fleet Street at Temple Bar (the historic western ceremonial entrance to the City), has been in front of

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506-420: Was controversial, however, because it introduced a decisively modern note alongside the foremost work of Britain's foremost 17th-century architect, Christopher Wren . Rebuilding was carried out between 1961 and 1967, but it involved only part of Holford's concept — the area of Paternoster Square between St Paul's churchyard and Newgate Street — and this included undistinguished buildings by other architects and

529-612: Was founded by Stuart Lipton and Peter Rogers in 1983. They were the developers of the Broadgate complex in the 1980s. In 1995, the company developed Gresham St Paul's (previously Garrard House) in Gresham Street , London, for Schroders . The company went on to develop Paternoster Square , in partnership with Mitsubishi Estate , in the late 1990s. In 2000, Stanhope, along with British Gas , Lendlease , Chelsfield plc and Hambros Bank formed Exchequer Partnership plc,

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