In 1962, it was discovered that the London Bridge was “falling down,” sinking into the Thames because it was not adequate for the increase in traffic. The City of London decided to put the 130-year old bridge up for auction, and construct a new one in its place. Robert P. McCulloch, founder of Lake Havasu City, AZ, submitted the winning bid for $2,460,000 in 1968. McCulloch spent another $7million to move the London Bridge to Lake Havasu City which took a total of three years.
The bridge was shipped by boat 10,000 miles to Long Beach, California. From there, it was trucked to Lake Havasu City where it was stored in seven-acre fenced storage compound. On September 23, 1968, the Lord Mayor of London, Sir Gilbert Inglefield, laid the corner stone. Robert Beresfornd, a civil engineer from Nottingham, England was in charge of the reconstruction of the London Bridge in Lake Havasu City.