Planning permission has been granted by the City of London's Planning and Transportation Committee for 22 Bishopsgate.

AXA IM - Real Assets and Lipton Rogers intend to transform the site in the City of London into a 62-storey tower which will utilise the foundations and basements of the previous unfinished development on the site.

The building will incorporate a substantial range of tenant amenities including restaurants, leisure space, auditorium, medical facilities with space for education and relaxation as the City's first 'vertical village'.

Anne Kavanagh Global Head of Asset Management & Transactions at AXA IM - Real Assets, said: "The City of London's resolution
to grant planning permission for 22

Bishopsgate marks a significant step forward in our plans for this exciting new development which will provide a high quality and environmentally friendly working environment for over 12,000 people in the heart of the City of London. We are long term investors into the City and are of the firm belief that 22 Bishopsgate will be part of its ongoing success story as an international business location and global city."

22 will be topped by the highest free-to-visit public space in London, which will have dedicated lifts and entrance.