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City of London skyline to transform by 2030

by Financial Promoter
02.11.2023
City of London skyline to transform by 2030

The City of London Corporation has revealed images visualising how the City’s skyline will look by 2030.

The images, showing all major developments that have been approved over the last 12 months, indicate a return to the office in full force.

As well as tall buildings, the City Plan 2040 is set to increase the development of pedestrian routes and urban green space, retail, food, and beverage outlets, and educational, cultural, and heritage spaces.

Shravan Joshi, chair of the planning and transportation committee at the City of London Corporation, said the images demonstrate that the City office is here to stay despite wider economic concerns.

“Through our flagship ‘Destination City’ policy, we are creating a culturally vibrant, inclusive and welcoming City, enabled in part by these tall towers which help accommodate the hospitality, leisure, social and cultural destinations that are flocking to the City.

“The City Corporation’s strong performance this year is underpinned by the Built Environment team’s efforts to de-risk many of the variables associated with real estate investment.

“This includes providing clear policy directives, working closely with stakeholders and undertaking transparent consultation on schemes,” said Joshi.

The corporation is negotiating further development proposals that would provide over 500,000 sqm of much-needed office space – roughly 70 football pitches.

The City of London Corporation is the governing body of the area and is dedicated to a diverse and sustainable City.

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