Renzo Piano's New London Bridge House is latest phase in redevelopment of London Bridge station.
CLS Holdings, part of the Sellar Group's consortium building The Shard, has won planning permission for Renzo Piano's New London Bridge House close to London Bridge Station.
The scheme is the latest phase in the redevelopment of the London Bridge area and will involve the demolition of an existing 1960's office tower. It will be replaced by a 55,800 sq m office and retail building.
New London Bridge House is owned by the same consortium as The Shard at London Bridge and comprises Sellar Property Group, CLS Holdings plc and the Halabi Family Trust, represented by Buckingham Securities.
In addition to the 5,000 jobs the development can accommodate, New London Bridge House is an integral part of the planned London Bridge Station regeneration project that includes The Shard, an extensive public piazza and integrated public transport links.
Sten Mortstedt, executive chairman of CLS, which will lead the development now that planning has been granted, said: "We are delighted to be able to continue the regeneration of this major transport hub with these exciting designs.
"This part of London offers huge potential and Renzo's visions and designs will finally turn the area into one of the capital's key office locations."