Southwark Council planning bosses have given the go-ahead for the latest tower in central London.
The 137m tower will be used as student accommodation, housing more than 900 students.
Situated next to Guys Hospital and London Bridge, it will replace an existing office block which will be demolished.
Southwark Council head of design and conservation Michael Tsoukaris described the tower as “an exceptional piece of architectural design”.
However, local residents have not been so kind, with one describing as “monstrous” in an official submission to the council.
Plans for the area had originally been earmaked for a residential tower dubbed “The Quill” but the site was sold to Greystar in 2011 for an undisclosed sum.
Greystar’s first plans for the site were for a 45-storey tower, but these were turned down by the London Mayor’s Office in September 2018 as the plans were deemed to “not fully comply with the London Plan and the draft London Plan”.
The plans were drawn up by developer Greystar alongside Kohn Pedersen Fox Associates architects, and form part of the wider St Thomas Street East development framework. Under the framework the area will be regenerated by developers Greystar, Columbia Threadneedle, CIT Group and Sellar.
Approval of the Capital building is the latest in a series of new projects that will alter London’s skyline.
The Tulip Tower, a public observation platform in the heart of the City of London was recently approved, as well as another residential building, nicknamed “the Cucumber” to be built in Paddington.
The City of London’s tallest building, at 22 Bishopsgate, was also recently topped out.
However across the Atlantic, New York City mayor Bill de Blasio is ruffling feathers with plans to ban new skyscrapers that fail to meet strict environmental and energy efficiency standards.
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