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Goldman Sachs and City of London Corporation funding Artwork at Farringdon Elizabeth Line Station

  • British artist Simon Periton to create permanent installations in both ticket halls of new Elizabeth line station at Farringdon
  • The artwork will be co-funded by Goldman Sachs and City of London Corporation
Goldman Sachs and the City of London Corporation is co-funding the largest commission ever to be undertaken by renowned British artist Simon Periton at the new Elizabeth line station at Farringdon.

Periton, whose work ranges from subtly inserting messages into genteel cut-outs to large scale public commissions, has found inspiration for this latest work in Farringdon’s rich history.

The artwork at the station’s eastern entrance will see the exterior glazing on three sides of the building feature an intricate pattern that reflects the elaborate Victorian metalwork of the historic Smithfield Market directly opposite. During the day, the artwork will allow passengers to see inside to the coffered ceiling that echoes the Brutalist architecture of the nearby Barbican, whilst changing shadows will be cast across the interior space. In the evening, the station lights will illuminate the design from inside, offering a dramatic new perspective to those on the nearby streets.

At the station’s western entrance on Farringdon Road, Periton is working with the engineers to develop a proposal that will see large diamonds, whose lines and facets complement the geometry of the ticket hall, appear to tumble down and around the escalators. A homage to the goldsmiths, jewellers and ironsmiths of nearby Hatton Gardens, the 2 metre tall designs will be digitally printed onto the glass panels that line the walls, and be backlit so they shimmer and appear 3D.

Artist Simon Periton said: “I’m excited to have the chance to create a significant new piece of art for the station at Farringdon. I know the area well as I used to live nearby and still use the station often as a way into London. It’s an incredibly interesting place with a rich and layered history that’s continuing to evolve. Part of the challenge has been to develop an artwork with Crossrail that reflects some of that history but also appears to change depending on where and when you are in the station, so people will enjoy it whether they are seeing it for the first time or during many visits.”

Dermot McDonogh, Partner at Goldman Sachs, said: “We are delighted to support Crossrail on this project, which will bring a striking display of art to Farringdon’s new station located a short distance from our London office. Goldman Sachs has a long history of supporting arts and culture in the UK and we are pleased to continue that commitment with this sponsorship.”

Catherine McGuinness, Policy Chairman at the City of London Corporation, said: “Simon Periton’s eye-catching designs at Farringdon station make clever use of lines and light, as well as providing a nod to the impressive metal work at the City of London Corporation’s Smithfield Market. As the UK’s fourth largest funder of the arts and proud to promote our vibrant cultural hub that stretches from Farringdon to Moorgate, it is our pleasure to support this exciting initiative on the Culture Line.”

Sir Terry Morgan, Crossrail Chairman, said: “I’m delighted that Goldman Sachs is investing in the area and helping us enhance London’s reputation as a capital of culture. Simon’s work is stunning, and is not only a wonderful homage to the heritage of the area, but a striking addition to the Culture Line – the largest new programme of public art commissions for London in a generation.”

This installation will form a key part of the Culture Line – a unique line wide exhibition of large-scale art at seven stations on London’s newest railway. Crossrail worked in partnership with Goldman Sachs, Sadie Coles HQ and an advisory roundtable of art world representatives to select an artist and art work for the station which will be used by over 80,000 people every day.

When the TfL-run Elizabeth line opens in 2018, the new station at Farringdon, located a few metres from Goldman Sachs’ striking new headquarters in the City of London, will be one of the best connected in London with the Elizabeth line, London Underground and national rail offering direct journeys to three of London’s major airports and the Eurostar station at St Pancras International.

The Elizabeth line will carry over 200 million passengers per year, adding 10% to central London’s rail network. It will link London’s key employment, leisure and business districts – Heathrow, West End, the City and Canary Wharf, and encourage regeneration all the way across the capital.
 
The City of London Corporation invests £80m every year in heritage and cultural activities of all kinds. It is the UK’s largest funder of culture after the government, the BBC, and the Heritage Lottery Fund.

About Simon Periton

Simon Periton (1964–) was born in England and studied at Central Saint Martins School of Art, London. He has exhibited widely in Britain and internationally. Solo shows include 'Celestial Agriculture', New Art Centre, Roche Court, Salisbury (2015), 'The Rose Engine', The Modern Institute, Glasgow (2013) and 'Mint Poisoner', Inverleith House, Royal Botanic Garden, Edinburgh (2003). Periton's work has been included in prominent group shows including 'The Dark Monarch: Magic and Modernity in British Art', Tate St Ives, 'Undone: Making and Unmaking in Contemporary Sculpture', Henry Moore Institute, Leeds, UK, 'Wunschwelten', Schirn Kunsthalle, Frankfurt, Germany, 2007, and the 2007 and 2004 Summer Exhibitions at the Royal Academy, London. Commissions include public sculpture projects for University of Oxford, Oxford, firstsite, Colchester, Essex, Channel Four, the Victoria and Albert Museum and the Elizabeth line station at Farringdon.

About The Culture Line

Works of public art will be integrated into seven new Elizabeth line stations in central London to create a line-wide exhibition that reflects the ambition of London’s newest railway and the communities it serves. This is called the Culture Line.

The Culture Line is funded entirely through private sponsorship, outside Crossrail’s £14.8 billion core funding. The Crossrail Art Foundation, the registered charity responsible for selecting the artworks, is also raising funds from corporate funders, with each contribution being match funded by the City of London Corporation.

The Crossrail Art Foundation is a registered charity that has been created to promote art for the public benefit by establishing and maintaining the Culture Line. It is responsible for selecting the artworks from a shortlist proposed by an advisory round table comprised of art world representatives, corporate funders, working with station architects, engineers and world renowned London art galleries – making the Culture Line the largest collective public art commissioning process in a generation.

The advisory round table which shortlisted the artwork for Farringdon is comprised of Crossrail Limited, Goldman Sachs, station architects, the Barbican, Artwise curators and Transport for London’s Art on the Underground. The process was supported by Sadie Coles gallery.

The Crossrail Art Foundation registered as a charity in England and Wales (1159310) and is a company limited by guarantee (company number 09200269), with its registered office at 50 Broadway, London SW1H 0BL.

About Goldman Sachs

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centres around the world.

About City of London

The City of London Corporation provides local government and policing services for the financial and commercial heart of Britain, the 'Square Mile'. In addition, the City Corporation has three roles:

  • Supporting London’s communities by working in partnership with neighbouring boroughs on economic regeneration, education and skills projects. In addition, the City of London Corporation’s charity City Bridge Trust makes grants of more than £15 million annually to charitable projects across London and supports education with three independent schools, three City Academies, a primary school and the world-renowned Guildhall School of Music and Drama.
  • Helping look after key London’s heritage and green spaces including Tower Bridge, Museum of London, Barbican Arts Centre, City gardens, Hampstead Heath, Epping Forest, Burnham Beeches, and important ‘commons’ in south London.
  • Supporting and promoting the ‘City’ as a world-leading financial and business hub, with outward and inward business delegations, high-profile civic events and research-driven policies all reflecting a long-term approach.

It was agreed at the 2 October 2007 Court of Common Council meeting that approval be given to a contribution by the City of London Corporation to the cost of Crossrail in the sum of £250 million.

About Crossrail

The total funding available to deliver Crossrail is £14.8bn. The Crossrail route will pass through 40 stations and run more than 100km from Reading and Heathrow in the west, through new twin-bore 21 km (13 miles) tunnels below central London to Shenfield and Abbey Wood in the east. Crossrail is being delivered by Crossrail Limited (CRL). CRL is a wholly owned subsidiary of Transport for London. Crossrail is jointly sponsored by the Department for Transport and Transport for London.

Source: Crossrail

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