Approval has been granted for a new £74m inner-city high-rise in London, designed by international architecture firm HKR Architects.

Fore Street, which will stand at 13 storeys and cover 342,000ft², will be a Grade A office development for investment and services company Telereal that will adjoin the Barbican arts centre.

HKR says the development had to work with the proposed London Crossrail tunnel plans and adjacent Moorgate Underground station and other neighbouring sites such as St Paul’s Cathedral.

HKR Director David Roden says despite this, the building had support from planners from the outset.

“The City of London and Square Mile businesses demand buildings of exceptional architectural quality, which this scheme delivers,” Roden says.

The building, which uses glass to create the allusion of openness, has a raked roof that leads back from the Barbican, featuring a series of stepped roof gardens.

HKR says it has been built to conserve energy, coming in 30 percent more efficient than London’s building requirements and 20 percent better than best practice in CO2 emissions.

Telereal national development manager Nigel Reid says the “state-of-the-art” office space will be used as the company’s world financial centre.

By Penny Jones