The City of London Corporation has granted unanimous planning consent for a striking 31-storey office tower at 130 Fenchurch Street, designed by WilkinsonEyre to deliver over 57,000 square metres of Grade A commercial space. The development, formerly known as Fountain House, aligns with the City Corporation’s ambitious target to add 1.2 million square metres of office floorspace by 2040, signalling a major step in the ongoing transformation of the Square Mile’s commercial landscape. Scheduled for demolition of the existing structure in 2026 and completion by 2030, the new tower is expected to support around 3,610 jobs and represents the seventh office scheme in 2025 exceeding 50,000 square metres of floorspace.

The design embraces a stepped, jewel-like aesthetic intended to blend seamlessly with the surrounding skyline, while protecting vital sightlines towards London’s heritage landmarks, including St Paul’s Cathedral and the Tower of London. The scheme includes over 300 square metres of ground-floor retail and leisure space, alongside a publicly accessible terrace on the 20th floor, which will be open free of charge seven days a week in accordance with City Corporation policy. A newly created pedestrian route will link Fenchurch Street to Leadenhall Market, Cullum Street, and the Lime Street Estate, enhancing connectivity and public engagement within this bustling district.

While the official approval cites the tower’s height at 31 storeys, earlier design proposals and public consultation documents have indicated variations, with some sources referring to a 34-storey structure. These plans, developed by Aviva Investors in partnership with CO—RE, include additional public amenities such as exhibition space on level 17 and green terraces designed for both public and private use. The development also places emphasis on sustainability, aiming to set new benchmarks for environmental performance and design innovation, in line with the City of London’s City Plan 2040 ambitions.

The project replaces the current Fountain House building, a 16-storey block dating from 1958, facilitating a significant increase in high-quality office space in the heart of London’s financial district. Retail and hospitality provisions are also enhanced, with approximately 4,000 square feet planned to complement the office environment. This development reflects a broader trend in the City, where approvals for large-scale office developments continue to accelerate, with more than 300,000 square metres of new office floorspace granted planning permission this year alone.

The City Corporation’s planning and transportation committee chair, Tom Sleigh, underscored the importance of the scheme, stating that “130 Fenchurch captures our ambition to unlock growth: a striking new workplace in the heart of the City, with routes and views that open up the City for everyone.” The integrated public spaces and pedestrian connections are designed not only to accommodate the working population but also enrich the urban experience for residents and visitors, reinforcing the City of London’s commitment to sustainable, inclusive development.

Looking ahead, the approved tower at 130 Fenchurch Street is set to become a landmark addition to London’s skyline, combining commercial vitality with public accessibility and environmental responsibility. Backed by major investors and architectural innovation, it reinforces the evolving character of the City as a dynamic, forward-looking financial centre, equipped to meet contemporary demands for workplace quality, heritage sensitivity, and urban regeneration.

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Source: Noah Wire Services