Loading...
Market
What will be the outcome of the decision on Number 1 Undershaft skyscraper by end of 2024?
2
Resolution / Starting Odds
Approved • 33%
Rejected • 33%
Deferred • 33%
City of London Corporation's official announcements
Story
City of London Defers Decision on 73-Storey Skyscraper in Financial District
Jul 2, 2024, 08:00 AM
The City of London has deferred a decision on the approval of a new 73-storey office tower, which is set to become the tallest building in the historic financial district. The proposed skyscraper, located at Number 1 Undershaft, has faced objections from Historic England and the Lloyd’s of London boss. Historic England argued that the development would seriously degrade the scale and character of the public realm around it, while Lloyd’s of London expressed concerns that it would rob the City of a crucial convening space. If approved, the 74-floor skyscraper would surpass The Shard in height and significantly alter the City of London's skyline.
View original story
Similar markets
Found guilty • 25%
Found not guilty • 25%
Settled out of court • 25%
No action taken • 25%
Successful Sale • 33%
Sale Fails • 33%
Sale Postponed • 34%
Wage increase • 25%
No change in wages • 25%
Improved working conditions • 25%
Other • 25%
Appeal accepted • 25%
Appeal rejected • 25%
Settlement reached • 25%
No appeal filed • 25%
Appeal Successful • 33%
Appeal Unsuccessful • 33%
Settlement Reached • 34%
Upheld • 25%
Overturned • 25%
Modified • 25%
No appeal filed • 25%
No Legal Challenges • 25%
One Legal Challenge • 25%
Multiple Legal Challenges • 25%
Settled Out of Court • 25%
Contracts deemed lawful • 33%
Contracts deemed unlawful • 33%
Contracts partially deemed unlawful • 33%
Approved • 33%
Rejected • 33%
Postponed • 33%
Approve • 25%
Reject • 25%
Postpone • 25%
Other • 25%