The City of London has approved a new 40 storey office scheme designed by Wilkinson Eyre
Split into three blocks of eight, 20 and 40 storeys, the development will sit at the corner of Leadenhall Street and Bishopsgate in the City’s Eastern Cluster of tall buildings.
Dubbed Prussian Blue, the proposals by developer Mitsubishi Estate London will create 71,501m² of office space, plus shops and cafes at ground floor level.
The proposals include a public viewing gallery on the 40th floor, open free of charge for up to 50 members of the public at any one time.
The practice won the contest to design the ‘stacked’ tower-scheme, nestled between Rogers Stirk Harbour + Partners’ (RSHP) recently completed Cheesegrater and PLP’s redesigned Helter Skelter scheme at 22 Bishopsgate in 2013.
Managing director and chief executive of Mitsubishi Estate London, Naoki Umeda, said: ‘I’d like to thank the City Corporation planning team for their assistance and efficiency in processing this application. We have really valued the open and collaborative approach from the City.
“This project is a major investment signalling Mitsubishi Estate’s confidence in the City of London as a world financial centre. We are delighted that we will now be able to deliver a striking landmark building for London that will further enhance its global appeal.”
To make way for the skyscraper the existing buildings at 150 Leadenhall Street, which were refused listing earlier this year, will now be demolished. Constructed between 1971 and 1977, the buildings formed part of a masterplan by Gollins Melvin and Ward on behalf of a consortium of developers led by Barings Bank.
It is understood the developers have had to pay more than £8 million in planning charges with £733,000 earmarked for off-site affordable homes.
The City has also retained the right to request a wind audit by the developer within five years of completion and insist on mitigation measures if necessary.
London mayor Boris Johnson now has 14 days to decide whether to call-in the application.
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