"Tom Sleigh, chairman of the Corporation's planning and transportation committee, said the project would deliver on "jobs, public space, and best-in-class offices". The 300 million development on Fenchurch Street was given the greenlight last week by the City of London Corporation He said: This is about more than one building it's part of a pattern of proactive planning decisions that are helping to shape a future-ready Square Mile: greener, denser, more dynamic, and firmly aligned with the UK's growth mission."
"Fountain House was built in the 1950s and was one of the first tall buildings built in the City after the Second World War. It was home to insurance firms such as Talisman Underwriting but is set to be destroyed next year, with the new scheme scheduled to be finished by 2030. A temporary environmental exhibition called Seed130 showcasing work by poets, writers and scientists is running the site while the plans progress."
A £300 million redevelopment will replace the vacant Fountain House at 130 Fenchurch Street with two high-rise towers and new hospitality venues. The City of London Corporation approved the scheme, which includes best-in-class offices, public space, and a pedestrian footpath connecting Cullum Street to Fen Court. Project proponents say the development will deliver jobs and create a greener, denser, future-ready Square Mile aligned with UK growth goals. Fountain House was built in the 1950s and housed insurance firms. A temporary Seed130 environmental exhibition currently occupies the site. Critics, including Historic England, warn of harm to the City's historic character and skyline.
Read at www.standard.co.uk
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