The City’s planning committee has approved plans submitted by Hong Kong-listed real estate giant Lai Sun Development Company to develop the new commercial landmark at 100 Leadenhall Street, which is being called Cheesegrater 2 because of its similarity to the iconic skyscraper situated at 122 Leadenhall Street.
Situated in the eastern cluster of the financial district, the new 263m-tall building will include two podium terraces and a public viewing gallery on the top two floors.
Chris Hayward, Chairman of the City of London Corporation’s Planning and Transportation Committee, said: “I’m delighted that we have approved the latest addition to the City’s growing office district.
“Leading to a church dating back to the 12th century, this development demonstrates the City’s distinctive ability to house the old and new side by side, while becoming more accessible to creative workers and members of the public.
“More than ever we are seeing businesses make location decisions based on the quality of built environment and public realm that they can offer their employees.”
The new skyscraper was designed by award-winning architects Skidmore, Owings & Merrill – the company behind the Broadgate Tower, One World Trade Centre and the Burj Khalifa.