The redevelopment of the Shell Centre on London’s South Bank has moved closer after the Court of Appeal rejected objections to the scheme.
The project will bring nearly 20,000 jobs, hundreds of new homes and millions of pounds of investment in the local area.
Cllr Lib Peck said: “This is great news and I do hope finally brings an end to the costly delays and uncertainty that has delayed this important development.
“This redevelopment scheme will be a catalyst for the regeneration of Waterloo, creating thousands of jobs and homes. It has already been subject to a thorough and rigorous planning process including a year-long public consultation, approval by Lambeth Council and the Mayor of London. A subsequent public inquiry led to the Secretary of State deciding to grant planning permission in accordance with the Inspector’s recommendations.”
Braeburn Estates, a joint venture between Qatari Diar and Canary Wharf Group, is planning to build eight buildings which from range in height from five to 37 storeys. It will comprise offices, retail, leisure and close to 900 homes.
The battle to develop the Shell Centre has become one of the longest-running planning disputes in London of recent years. The original tower was constructed in 1961 and will be retained by Shell as one of the firm’s two main offices.
Plans for a development around the tower began to surface in 2009 and in 2011 it was announced that Canary Wharf Group and Qatari Diar would redevelop the site under a 999-year lease.