The City’s newest skyscraper has been given the green light to be built with 10 extra storeys.
The developers of the tower, on the corner of Bishopsgate and Leadenhall Street, announced they have secured a resolution to grant planning permission on the updated design.
It will mean the building, developed by Mitsubishi Estate London and Stanhope, will now rise 50 storeys, with 570,000 square foot of space.
The development was first approved in July 2015 but the new plans included an extra 120,000 sq ft of space.
Yuichiro Shioda, managing director and CEO of Mitsubishi Estate London, said: “We welcome this decision from the City of London, which recognises the benefits to all stakeholders of the revised proposals.
“As part of the eastern cluster, this new tower will provide the modern business space required to keep the City of London at the forefront of international commerce.”
David Camp, chief executive of Stanhope, added: “We are delighted to be continuing our partnership with Mitsubishi Estate on this striking landmark building for London that will further enhance its global appeal and its ability to attract high quality international businesses to locate in the City.”
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