The Leading News & Information Service For The Facilities, Workplace & Built Environment Community

Approval Secured for 54-Storey Tower at 99 Bishopsgate

Approval Secured for 54-Storey Tower at 99 Bishopsgate
03 February 2025
 

Brookfield Properties has secured approval from The City of London’s Planning Committee for a 54-storey tower at 99 Bishopsgate.

 

Watch the Video

 


 

99 Bishopsgate will become one of the tallest towers in the Square Mile and provide more than 8 per cent of the proposed City Plan target of an additional minimum of 1.2m sqm of office floorspace by 2040.

The latest addition to the City of London Cluster is situated just outside Liverpool Street Station. Designed by RSHP, the building will retain its existing foundations, which make up nearly 50 per cent of the building's mass. The design also includes new pedestrian routes to link up to 55 Bishopsgate, 55 Old Broad Street and Liverpool Street Station.

 

Image

Picture: a CGI showing the exterior of the development, including Open Gate, the pavilion arts space. Image Credit: Brookfield Properties 

 

Additionally, a new pavilion space is set to be occupied by Intermission Youth, a theatre group that uses Shakespeare to empower underrepresented voices and foster inclusivity in the arts. 

Dan Scanlon, President at Brookfield Properties, said: “We are delighted with today’s decision from the City of London to approve our plans for 99 Bishopsgate, affirming our continued commitment to invest and develop in the City.

“Our proposals for 99 Bishopsgate will be transformational,  delivering a scheme of exceptional design quality which aptly combines best-in-class office space with newly created pedestrian routes and significant public and cultural amenity.

“As the demand for high quality commercial space intensifies, we look forward to delivering 1 million sq ft of desirable, well-being focussed office space to support employment growth in London’s globally competitive financial district. We are also particularly pleased that our ongoing engagement with young creatives has culminated in a cultural offer that is unique in the City and will deliver wide-ranging benefits for diverse groups, helping to change perceptions and attract new audiences to the City.”

Chair of the City of London Corporation’s Planning and Transportation Committee, Shravan Joshi, added: “A much-needed office development has been approved in the City of London and it speaks to the confidence that global investors have in the local real estate market, as well as the UK economy, more widely.”

“The 99 Bishopsgate scheme will also give the Square Mile one of the largest public realm upgrades from a single planning application, in recent history, increasing the ‘walkability’ of the City, so that it becomes a safer and more pleasant place to travel through.”

Picture: a CGI showing the reimagined City of Lonon skyline with the addition of 99 Bishopsgate. Image Credit: Brookfield Properties 

Article written by Ella Tansley | Published 03 February 2025

Share



Related Articles

Schroders Submits Planning Application for 55 Bishopsgate Redevelopment

Schroders Capital Real Estate team has submitted a planning application for a new skyscraper in the City of London. The proposed scheme looks to open up the area...

 Read Full Article
New Skyscraper Planned for Gracechurch Street 

A 36-storey office building has been approved for the site at 60 Gracechurch Street. The building will provide 37,000 square metres of Grade A office space and will be...

 Read Full Article
New Proposals for Skyscraper as Tall as Shard Submitted

The ongoing saga of the construction of the 1 Undershaft skyscraper continues with updated proposals submitted featuring a comprehensive redesign of the ground...

 Read Full Article
1 Undershaft – The London Skyscraper Set to be as Tall as The Shard

A development at 1 Undershaft in the City of London is set to be the same height as London’s tallest building: The Shard.   Watch the...

 Read Full Article
Planning Permission Granted for 1 Undershaft – Skyscraper as Tall as The Shard

Consent has been granted for a new skyscraper that will match the height of The Shard.   Watch the Video   >   The 309.6m AOD...

 Read Full Article
Plans for Billingsgate and Smithfield Market Relocation Halted

Plans for a major regeneration programme at Dagenham Dock have been abandoned. Smithfield and Billingsgate were set to be co-located for the first time at a new...

 Read Full Article
City of London Corporation Extends Security Contract With ISS

ISS’ longstanding partnership with the City of London Corporation has been extended for five years. There is also the option to extend this for a further four...

 Read Full Article
City of London Corporation Wins Award for New Migration Museum

The City of London Corporation has won a planning award for its role in developing a new home for the Migration Museum in the Square Mile. Planning permission was...

 Read Full Article
New Images of London Skyscraper as Tall as The Shard

Plans for a London skyscraper as tall as The Shard have been officially submitted to the City of London Corporation, alongside new CGIs.   Watch the...

 Read Full Article
High Performing Buildings – January’s Roundup

The first high performing buildings roundup for 2024 features a £185 million student accommodation scheme, a Dubai "hypertower" and the UK’s first...

 Read Full Article