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Planning approved for 62-storey skyscraper which was abandoned four years ago and has been redesigned by PLP Architecture
The City of London skyline is to be dominated by a newcomer after the latest version of a tower formerly known as the Pinnacle or Helter Skelter received the green light from planners.
The revived building, officially known as 22 Bishopsgate – or simply 22 – will be the tallest building in the Square Mile at 278 metres (912ft), eclipsing the nearby Heron tower at 231m. It has been redesigned for its new owners without the distinctive curly design at the top that earned it its original nicknames. It is also 10m shorter – but because it retains much of its width for most of its height it has 30% more floor space than the originally planned Pinnacle, which was defeated by the financial crash and recession.
After construction came to an abrupt halt four years ago when funding dried up, the tower was left as a nine-storey shell, dubbed the Stump. Earlier this year, a consortium led by France’s Axa Investment Managers’ real estate arm bought the site near Liverpool Street station for an initial £220m from a group of Middle Eastern investors.
The City of London’s planning and transportation committee has granted permission for the newly designed office tower sooner than expected. Construction is expected to start early next year and finish in early 2021. […]