Plans approved for construction of 32-storey tower at Leadenhall Market in London

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Plans have been approved for the construction of a 32-storey tower at Leadenhall Market in London. The Square Mile’s “tourist appeal” will be boosted by constructing the new tower. the tower will house 27,000 square meters of additional office space, according to plans approved by the City of London Corporation’s planning applications sub-committee.

The 32-storey tower at Leadenhall Market in London will also reopen a “historic pedestrian” route between Gracechurch Street and Lime Street Passage. A ground-floor public hall with dining, shopping, and event spaces will also be reopened.

It will also include a fifth-floor heritage garden and a free public exhibition at the Museum of London that will highlight the history of Roman London. The exhibition will commemorate the past of the area that was once the Forum and Basilica, the beating heart of Roman London. There will also be arrangements to display notable Roman remains in situ in the basement.

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The new tower at the Leadenhall Market in London

Shravan Joshi, chairman of the City of London Corporation planning applications, stated, “The new structure will be built behind. It will thus be around three times higher. The existing nine-story building’s 1930s facade will be preserved and restored under the plans. The plans were created by Woods Bagot for the Hershten Group.”

He added: “Developments like this are a vote of confidence in the City. The global business hub will help us meet the ongoing demand for high-quality office space in the Square Mile.”

“This scheme raises the bar for imitation. It will support our Destination City vision of the Square Mile as a visitor destination open seven days a week by constructing a sizable new public hall, a pedestrian route, and a cultural space showcasing this area of London’s rich history.”

Historical architecture organizations are concerned that the tower’s construction could overshadow the Leadenhall Market. The market was built in 1881 and is listed as a Grade II landmark.