The City of London has given planning permission for a new skyscraper to be built at 22 Bishopsgate in central London.
The local authority’s planning & transportation committee approved plans for the 62-storey commercial tower, which is being developed by Lipton Rogers.
The site had an existing planning permission for the ‘Pinnacle’ tower, which gained planning permission and started on site prior to the financial crisis.
The planning permission for the new tower does not invalidate the old one, meaning that in theory either design could be built.
Following the committee meeting, chief planning officer Annie Hampson said: “This is a substantial high-quality tower.
“22 Bishopsgate exemplifies many of the qualities we are looking for in our landmark buildings – it is elegant, calm and open to the public.
“A viewing gallery at the top will provide workers, visitors and residents the opportunity to look out over the City free of charge.
“Tall buildings in the City’s eastern cluster near transport hubs are an effective way of creating the increase in office space and employment needed for a growing London.”