City of London Corporation grants planning permission for 30-storey office scheme

WCN Editorial Team 27 Jan 2021 EUROPE BUILDINGS

The City of London Corporation has given planning approval to Tenacity Group for a 30-storey office development in the City Cluster.

This is claimed to be the Square Mile’s first tall building approval of this year.

The scheme will be built  at 55 Gracechurch Street, located between Monument station and Leadenhall Market.

Once constructed, the scheme will feature the post pandemic office space trends – a workplace destination alongside retail, cultural, public art and open space.

The office areas will include social and breakout zones to promote collaboration and innovation. The building’s floor plan will offer offers space for SMEs, large businesses and growth stage companies.

The developers aim to seek a BREEAM ‘Outstanding’ certification for the building.

This project will see use of recycled building materials, energy efficient and innovative systems that will support free cooling for most of the year.

It will feature a free-to-access garden terrace, which will be made available to the public and will a ceiling systems will harvest rain water to mimic rainfall to irrigate the plants.

Tenacity Group founder and CEO Patrick Wong said: “Today marks a significant milestone for us and underlines our commitment to the City of London and the future of truly sustainable office buildings in the City.

“Despite the events of the last twelve months and the changes and challenges that we have all witnessed, Tenacity is quite clear that the era of the office is not over. Far from it. We believe the future is bright for the right kind of space – space that 55 Gracechurch Street will provide – that embraces sustainability and provides flexibility, puts the needs of the workforce at its core but also engages with the wider community around it.

“This decision reinforces that view, and we look forward to working with the City to bring our vision for 55 Gracechurch Street to fruition.”

The building will offer office space of more than 34,000m2 along with almost 2,500m2 of retail and more than 1,600m2 of publicly accessible garden terrace and space for cultural programming.

The building will entirely be car free and will offer parking space to 500 cycles.

Pedestrians will be able to avail the benefits of a wide pavement and new pedestrian routes at ground floor level.


The developers aim to seek a BREEAM ‘Outstanding’ certification for the building. (Credit: Michael Gaida from Pixabay)

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