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Construction of a 64-storey tower at 22 Bishopsgate in the City of London has been signed off by the Mayor of London.
This is the final approval process for the project after the Corporation of the City of London gave planning permission last month.
Brookfield Multiplex will begin construction in the first quarter of 2016 and is expected to complete in 2019. At 295 metres high, the new building will (doubtless temporarily) be the tallest in the Square Mile, though not as tall as the Shard across the river at London Bridge. Both buildings are engineered by WSP.
It is being built in the place of the partially constructed Pinnacle tower, which was abandoned in 2012 after seven storeys as a result of the economic downturn.