The City of London has unanimously resolved to give planning consent to Eric Parry’s 50 Fenchurch Street tower at its first virtual public planning and transportation committee.

The 35-storey scheme attracted negative headlines in the national press last month because of objections from Historic Royal Palaces and heritage campaigners over its impact on the Tower of London World Heritage Site.

But yesterday the City agreed it should go ahead, claiming its completion would coincide with a predicted shortage of office supply.

“Irrespective of covid-19 the City office development pipeline is very constrained post 2020,” said a spokesman. “This coincides with an upcoming peak in major lease events between 2023-2027, particularly in the legal sector. 50 Fenchurch Street is set to benefit from this future supply / demand imbalance. “

…