Why did Britain sell London Bridge?


Why did Britain sell London Bridge? By 1962, it was not sturdy enough to carry the increased load of traffic; the bridge was sold by the City of London in April 1968 to make way for its replacement. The purchaser, Robert P. McCulloch, was an entrepreneur and real estate developer who founded Lake Havasu City.


Did anyone live in London Bridge?

When it was completed in 1209, medieval London Bridge was the only fixed crossing of the Thames downstream of Kingston-upon-Thames (until Fulham Bridge was built in 1729). Remarkably, it was also home to some 500 people – equivalent to the population of a small medieval town.


What happened to Old London Bridge?

Once this was completed, the old bridge was quickly dismantled and lost into the annals of history. There are, in fact, a few lasting remnants of the old London Bridge, and one of which is built into the tower of St Magnus the Marytr's Church on Lower Thames Street. The pedestrian entrance today.


Why did England sell the London Bridge?

The 1831 London Bridge was the last project of engineer John Rennie and completed by his son, John Rennie. By 1962, it was not sturdy enough to carry the increased load of traffic; the bridge was sold by the City of London in April 1968 to make way for its replacement.


Who owns the original London Bridge?

Sale to Robert McCulloch On 18 April 1968, Rennie's bridge was purchased by the Missourian entrepreneur Robert P. McCulloch of McCulloch Oil for US$2,460,000. The claim that McCulloch believed mistakenly that he was buying the more impressive Tower Bridge was denied by Luckin in a newspaper interview.