New London Skyscraper a boon for UK Industry and Jobs


Plans for a new skyscraper in the City of London could spell a boon for UK industry and jobs.

London city skyline
by Rory ButlerNovember 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
  • Multiplex
  • Robert Bird Group (RBG)
  • Hilson Moran 
  • Arup
  • 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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