London’s 73-storey Trellis skyscraper gets green light

After planning permissions was confirmed on Monday, he said: “It is a vote of confidence in the City of London; 1 Undershaft will crown the cluster of tall buildings and will be a tower London can be truly proud of.”

Approval was granted by the planning and transport committee of the City of London Corporation, which said the move was a sign that the Brexit vote had not dampened interest in construction in the capital.

Chris Hayward, the chairman of the committee, said: “This development shows the high levels of investor confidence in London’s status as a global city following our decision to leave the European Union.

“I believe this building will play an important part in increasing London’s attraction as the world’s leading financial centre.”

The committee approved the development by 19 to two. The building will provide 130,000 sq m of office space and 2,000 sq m of retail space, and is expected to have room for 10,000 workers.

It will usurp the new development at 22 Bishopsgate, on the site of a previously planned building known as the Pinnacle or “Helter Skelter”, in terms of height.

In the days before the EU referendum in June, the French-owned fund management group that had been developing the 22 Bishopsgate site warned it might pull out in the event of a Brexit vote, but in October, the company committed to press on with the 278m building, which also received formal planning approval on Monday.

After planning permissions was confirmed on Monday, he said: “It is a vote of confidence in the City of London; 1 Undershaft will crown the cluster of tall buildings and will be a tower London can be truly proud of.”

Approval was granted by the planning and transport committee of the City of London Corporation, which said the move was a sign that the Brexit vote had not dampened interest in construction in the capital.

Chris Hayward, the chairman of the committee, said: “This development shows the high levels of investor confidence in London’s status as a global city following our decision to leave the European Union.

“I believe this building will play an important part in increasing London’s attraction as the world’s leading financial centre.”

It will usurp the new development at 22 Bishopsgate, on the site of a previously planned building known as the Pinnacle or “Helter Skelter”, in terms of height.

In the days before the EU referendum in June, the French-owned fund management group that had been developing the 22 Bishopsgate site warned it might pull out in the event of a Brexit vote, but in October, the company committed to press on with the 278m building, which also received formal planning approval on Monday.

[Source:- theguardian]

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