Planning permission granted for 55 Bishopsgate
The City of London Corporation Planning Applications Sub-Committee has granted planning permission for the ambitious 55 Bishopsgate scheme.
The project will offer 103,000m2 of office space across a 63-storey tower and a 22-storey building. The development also includes a public rooftop, accessible to all at no cost. The terrace will feature a biodiverse climate-resilient garden, serving as a place for relaxation, cultural events, and educational opportunities.
55 Bishopsgate development will create 2,545m2 of the new public realm, seamlessly connecting to the broader Bishopsgate area.
There will be public cultural spaces on the 2nd and 3rd floors, housing an impressive auditorium and versatile meeting areas, an initiative carried out in collaboration with New London Architecture. This strategic collaboration will culminate in a permanent home for the esteemed London Centre, fostering cultural enrichment for the city's denizens.
At 284 metres, the building will be the third tallest tower in the Square Mile, trailing only the 1 Undershaft scheme (305m) and 22 Bishopsgate (295m). The development will exemplify the City Corporation's unwavering commitment to its Climate Action Strategy, effectively incorporating urban greening features and state-of-the-art renewable energy technologies into its design. The proposal includes robust support for active travel, offering a staggering 1,400 long-stay cycle spaces and over 120 short-stay car parking spots.
Shravan Joshi, Chairman of the City of London Corporation Planning and Transport Committee, said: “I am delighted to see the 55 Bishopsgate scheme granted planning permission which sets a high bar for others to follow. The free, public viewing gallery and external platform will deliver an exciting and inclusive resource for all to enjoy, bringing us closer to our Destination City vision to transform the Square Mile into a seven-day-a-week visitor destination.
“Decisions like these also cement the City's position as the world’s leading international financial and business centre. The site is central to the City's growth modelling and will make a huge contribution to the office space needed to meet projected economic and employment growth demand.”
Demolition of the existing site and subsequent construction works at 55 Bishopsgate are expected to being in 2024 and be completed in 2029.