Plans for a new skyscraper in the City of London could spell a boon for UK industry and jobs.
by Rory Butler / November 10, 2022
Investment-management juggernaut Schroders and developer Stanhope have submitted plans for what would be the second-tallest tower in the Square Mile when built.
Inside the deal: With an estimated cost of around £600 million, the new office build will stand approximately 285 metres tall, span 63 storeys, and create 130,000 sqm of new commercial floorspace at 55 Bishopsgate.
Also on the job:
- Arney Fender Katsalidis (AFK) architects
- Robert Bird Group (RBG)
- Hilson Moran
- Montagu Evans
Among its many features is the building’s innovative design – a striking ‘Fibonacci-style’ steel frame for the tower’s perimeter to reduce lateral movement.
At the very top of the new skyscraper, an open-air, circular viewing platform will be installed for events and the public.
An adjacent 22-storey building is also planned, linked by a 16-storey green wall façade.
Teams await planning approval.
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