Yahoo Finance The City of the future: how the Square Mile skyline could look in 2025
A bird’s eye view of the City mid-decade
(Didier Madoc-Jones of GMJ / City of London Corporation’)New images have been released by the City of London Corporation showing how the Square Mile’s skyline could look by the mid 2020s.
The corporation has so far this year given the green light for a string of new developments, as investors bet on a rebound in demand for offices post-pandemic, even as more firms embrace flexible working.
The corporation said the latest images capture all major developments which have been resolved to approve by its planning and transportation committee over the past 12 months.
Projects that have been approved include a scheme at 55 Gracechurch Street, where over 365,000 square feet of offices, as well as some retail space, is planned.
The majority of the planned new tall buildings fall within the ‘City Cluster’ area, located in the eastern corner of the Square Mile.
Key guidance included in the City Plan 2036, which is out for public consultation and sets out what type of development the corporation expects to take place and where, encourages plants and trees near or on new sites. It also promotes new pedestrian routes through tall buildings, and the inclusion of flexible and adaptable office floorspace.
Alastair Moss, chair of the planning and transportation committee at the City of London Corporation, said: “As we look towards the recovery from the pandemic, our planning pipeline is extremely busy with the anticipation of a swift return to the City as the leading place for business in a world-class environment.”
He added: “We have every confidence in a thriving and sustainable Square Mile, and these new images give a glimpse into the next chapter of the City of London.”
Peter Murray, curator-in-chief at New London Architecture, a independent centre for debate, discussion and information about the future shape of the capital, said: “Love them or loathe them, tall buildings provide a striking graphic image of the confidence that developers and investors have in a city.”
Here are some of the developments that have recently completed, are under construction, or potentially on the way:
Read More
London offices: Meet the property developers committed to building more workspaces
Most employees want to continue working from home some of the time, study finds
