CNN
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The City of London financial district has approved plans for a 73-floor skyscraper that will match in height Western Europe’s tallest tower a mile to the south, in a sign that city planners are still betting on the office market despite the current downturn.
The proposed 309.6-meter (1,015.75-foot) tower, which will be exactly the same height as London’s Shard, was given the go-ahead after a previously approved plan was revised “to better respond to post-pandemic office needs,” the City of London local authority said on Friday.
Officially called 1 Undershaft, the tower was initially granted approval at…
