The City of London Corporation has unveiled a striking new computer-generated imagery (CGI) vision of the Square Mile's skyline, showcasing the dramatic transformation expected over the next six years. This visual preview highlights the skyscrapers and major developments scheduled for completion by 2030, marking a pivotal moment in the capital's architectural evolution.
Record-Breaking Planning Approvals Signal Confidence
Tom Sleigh, the City's planning and transportation chairman, revealed that planning application decisions surged by 84 per cent in January compared to the previous year. This remarkable increase underscores a robust pipeline of development activity within Britain's premier financial district.
Sleigh emphasized that the corporation, which serves as the local authority for the area, has already approved four major building schemes in the early weeks of the year. He stated, "As we head to MIPIM, our message to global investors is clear: the City of London is open, confident and building at scale, offering the certainty and long-term vision that international capital looks for."
Major Projects Transforming the Skyline
Several high-profile developments are currently underway, poised to redefine the Square Mile's iconic silhouette. Key projects include:
- 1 Undershaft: Set to become the City's tallest building upon completion, this skyscraper represents a landmark achievement in urban development.
- 70 Gracechurch Street: A significant addition to the financial district's office space portfolio.
- 130 Fenchurch Street: Another major scheme contributing to the area's architectural diversity and commercial capacity.
Global Investment Appeal Strengthened
Chris Hayward, the Corporation's policy chairman, highlighted the underlying factors driving this development boom. He noted, "Record demand for high-quality, amenity-rich office space is reinforcing the City's position as one of the world's most resilient and attractive business districts."
Hayward pointed to critical market indicators, including falling vacancy rates in the City core, exceptionally tight prime supply, and leasing activity reaching its strongest annual performance since 2019. He added, "As global capital becomes increasingly selective, the City of London is a place able to deliver complex schemes at scale while adapting to changing patterns of work and occupier expectations."
A Vision for the Future
The release of these CGI images coincides with a record year for planning permission deals in 2025, symbolizing the City's forward-looking approach to urban planning. The transformation from the 2017 skyline to the projected 2030 vision reflects both technological advancement and strategic economic planning.
This comprehensive development strategy not only enhances London's global competitiveness but also ensures the Square Mile remains a dynamic hub for business, innovation, and architectural excellence well into the next decade.
