Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Wednesday 25 January 2017 4:00 pm

Canada grants planning permission for new City skyscraper, 1 Leadenhall

By: Caitlin Morrison

Add as a preferred source on Google

Another skyscraper has moved one step closer to becoming part of the capital's skyline, after Canada's planning and transport committee granted planning permission this morning.

The committee approved a resolution to grant permission for 1 Leadenhall, which is set to tower over Leadenhall Market. The resolution was approved following a consultation with the community, businesses, Canada, the Greater London Authority and other stakeholders, which included public exhibitions that took place in June last year.

Developer Brookfield Property Partners commissioned the new tower which will comprise of 538,000 sq ft of office space and 51,000 sq ft of retail space.

“We are delighted to have received planning consent for 1 Leadenhall, a new building adjacent to the historic Leadenhall Market," said Martin Jepson, Brookfield's president and chief operating officer.

"The new tower will include a free public terrace overlooking the roof of Leadenhall Market and significant retail on the ground, first and second floors. 1 Leadenhall is a carefully considered design that will complement the architecture of the surrounding buildings and embraces the heritage of its unique setting." 

Other projects the company is currently working on in the Square Mile are London Wall Place, Principal Place and 100 Bishopsgate. Plans for 100 Bishopsgate have been revised several times due to light issues and, most recently, concerns that its height could pose a risk to flights over the City.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Property

Related Topics

  • London business

Trending Articles

  • Citroën 2CV returns as a £13,000 electric car, and the timing is no accident

  • The former African gold miner taking on the billionaire Issa brothers

  • Rachel Reeves to unveil next steps for ring-fencing reform at Mansion House

  • Wimbledon: HMRC set to slap Sinner and Noskova with £1.6m tax bill

  • Barclays and Lloyds back calls to digitalise UK markets and unlock £33bn boost

More from City PM

  • City festival with comedy and line dancing arrives in Square Mile

    Life&Style
    Leadenhall Market bustling with attendees at the Live City festival, showcasing vibrant stalls and lively street performan...
  • Squarepoint commits £430m to huge London office move after profit soars

    Property
    Aldermanbury architectural design rendering showcasing modern urban development and innovative city planning
  • ‘Anti-growth’: Labour blocks Canada skyscraper plans

    London
    Historic Tower of London under clear blue sky, showcasing iconic medieval architecture and stone walls, attracting tourist...
  • What’s On In London In June

    Partner
    City skyline during sunset with bustling streets, highlighting urban growth and economic vibrancy in a June business news ...
  • What’s On In July

    Partner
    Central London skyline showcasing iconic landmarks and July events, highlighting the citys vibrant cultural scene.
  • London is Open for Business – But Only If We Get Planning Right

    Partner
    Innovative technology concept with futuristic digital interface and glowing data visuals on a dark background
  • PwC joins the Canary Wharf crowd in major property shake-up

    Big Four
    PwC cuts roles and apprenticeship
  • Padel craze drives demand for industrial property

    Property
    Players compete in an intense padel match on a vibrant court, showcasing skill and teamwork in a popular sports competition.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy · Facebook