Canary Wharf Group plc has been granted full planning permission by Tower Hamlets Council’s strategic planning committee for 1 Bank Street on the site of what used be known as Heron Quay. It has also got outline planning permission for 1 Park Place.
Designed by Kohn Pederson Fox (KPF), 1 Bank Street will be a curved 27-storey building, 146-metres high, with 700,000 sq ft of office space, including three levels of trading floors, a retail unit at ground level, a free-standing retail kiosk on South Dock Promenade, public realm, planting and landscaping and basement car and cycle parking. Société Générale, will occupy the ground and first to seventh floors on a 25 year lease.
Site enabling works began earlier this year and construction will begin later in 2015 and should complete by 2019.
Outline planning permission has also been granted for 1 Park Place, an office building comprised of one million sq ft of floorspace. The council will now determine a reserved matters application for this office building which is designed by Squire & Partners but Canary Wharf Group said that it had no immediate plans to develop this site.
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