Plans for Square Mile鈥檚 tallest tower backed for the second time almost a decade after scheme was first proposed
The City of London has approved Eric Parry鈥檚 plans for the building that will form the apex of the Square Mile鈥檚 main cluster of towers.
Councillors voted 16 in favour and seven against the 74-storey 1 Undershaft scheme, which will be the tallest building in the City and joint tallest in the UK with The Shard, at a planning committee meeting this morning.
The City鈥檚 approval comes five months after the scheme, designed for development manager Stanhope and developer Aroland, was deferred by councillors due to concerns over loss of public realm at St Helen鈥檚 Square, a plaza at the foot of the proposed tower.
Councillors decided this morning that a series of revisions to the proposals including a reduction in the building鈥檚 footprint aiming to save more public space had addressed concerns raised at the previous hearing in July.
A strongly worded objection by the chairman of neighbouring occupier Lloyd鈥檚 of London, which had been posted the day before the previous hearing, was also withdrawn ahead of this morning鈥檚 meeting.
It is a major step forward for a scheme which has been in play for nearly a decade, with early plans for a replacement first emerging in January 2015 before receiving planning approval the following year. This scheme was never started and a heavily revised proposal by Eric Parry was submitted last year.
The tower will replace the existing 28-storey 1960s St Helen鈥檚 building with the latest plans containing 154,000 sq m of office space, a 2,500 sq m public garden cantilevered out of the 11th storey and a viewing gallery for the Museum of London on the top two storeys.
Design changes since July have also introduced a controversial 12.5 metre-wide and seven metre-high digital screen at the base of the tower which would show a rolling programme of sporting and cultural events from 7am to 10.30pm.
Shravan Joshi, chairman of the City鈥檚 planning and transportation committee, described 1 Undershaft as a 鈥渢ruly remarkable鈥� building that will contribute to the Square Mile鈥檚 targets for 1.2 million sq m of new office space by 2040 and its ambition to become a cultural and tourist destination.
鈥淎s another, much needed office development gets approved in the City of London, it speaks to the confidence that global investors have in the London real estate market and the UK economy more widely,鈥� he said.
鈥淚鈥檓 particularly pleased that we will be able to work with the London Museum to open the uppermost floors of 1 Undershaft to schoolchildren and local communities, a classroom in the sky, developing another inclusive, unique visitor destination that makes the Square Mile the best place to live, work, play and invest.鈥�
Stanhope chief executive David Camp said: 鈥淲ith our track record of delivering some of London鈥檚 most notable buildings, we鈥檙e hugely excited as we move into the next phase of redevelopment.鈥�
The application had been recommended for approval ahead of this morning鈥檚 meeting despite a series of objections from neighbouring occupiers and heritage groups including Historic England.
The government鈥檚 heritage advisor has maintained strong opposition to the plans due to their impact on nearby grade I-listed assets including the Lloyd鈥檚 building and the loss of open space at St Helen鈥檚 Square.
It said in comments published last week that the most recent design changes made the scheme 鈥渁rguably worse鈥� than the proposals tabled in July because of the introduction of the digital screen, which it said would dominate the square and 鈥渃onsiderably change its character and function鈥�.
The Universities Superannuation Scheme, a 拢90bn pension scheme which occupies several adjacent buildings, also said in the square due to the increased security measures it would require to prevent vandalism.
But it was confirmed this morning that Lloyd鈥檚 of London chairman Bruce Carnegie Brown, who said in July that the scheme would 鈥渞ob the City of a really important convening space鈥�, has withdrawn his objection following meetings with the project team.
Now that the City has approved the latest version of the plans will head to the Greater London Authority for further assessment and finally to secretary of state Angela Rayner for final sign off.
The consultant team for the project includes WSP as multi-disciplinary engineer, Aecom on costs, DP9 on planning, FMDC on facades, David Bonnett Associates on accessibility, Tavernor Consultancy on townscape and Space Syntax on urban design.
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