Mayor of London Boris Johnson has granted planning approval for the Columbus Tower on the Isle of Dogs in London despite Tower Hamlets council refusing the application.
The 63-storey building will provide thousands of square feet of new office and retail space, 192 hotel rooms and over 74 apartments.
Conditions attached to the application will see the developer contributing £4 million towards Crossrail and over £1 million towards affordable housing in the area. More than £2 million will also be invested by the developer into the local community.
Mr Johnson said: ” I am satisfied that all the major concerns have been addressed and I believe the application will not only strengthen the success story of the Isle of Dogs, but will be hugely beneficial to the whole of London.
“As well as being suited to the Canary Wharf district with its distinctive tall buildings, the overall size of the development means that it will deliver a huge contribution to the cost of Crossrail, which is central to the continued success and prosperity of both Canary Wharf and the entire capital.
“Considerable sums will also be invested to bring lasting benefits to the local community and therefore I have no doubt that this development must be allowed to go ahead.”
Under the Mayor’s new planning powers, which came into effect in April 2008, the Mayor can decide to ‘call in’ an application, that has been refused by a borough, for his own determination.
This is the first time Mr Johnson has exercised these powers.