City’s 2040 vision for 1.2 million sq m of new office space passes key planning hurdle

Undershaft 2024 1

Three ‘key areas of change’ earmarked for new development as Square Mile eyes transformation into cultural and leisure destination

The City of London’s guidance for development in the Square Mile over the next 16 years has passed a key planning hurdle.

The City Plan 2040, which sets out how the area will become a “7-day-a-week cultural and leisure destination”, has been overwhelmingly approved by the City’s planning and transportation committee.

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