Posted Apr 7, 2026, 4:15 PM
|
 |
New Yorker for life
|
|
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 56,622
|
|
https://www.telegraph.co.uk/business/2026/04/07/jp-morgan-green-light-tcanary-wharfs-tallest-tower/
JP Morgan gets green light to build Canary Wharf’s tallest tower
Pui-Guan Man
Tue, April 7, 2026
Quote:
JP Morgan has been granted approval to build the tallest skyscraper in Canary Wharf.
The Wall Street banking giant is forging ahead with plans to construct a 869ft tower in the east London financial district, which is located three miles from London City Airport.
The proximity had led to talks over height restrictions between JP Morgan and City Airport, although an agreement has now been reached, as first reported by the Financial Times.
|
Quote:
This will pave the way for the bank to build the third-tallest tower in London, which will also rise above One Canada Square, currently Canary Wharf’s largest tower at 774ft.
The skyscraper will cost £3bn to build and will be JP Morgan’s new UK headquarters, housing up to 12,000 staff.
Designs for the tower will now be finalised before the bank files a planning application for the scheme, to be determined by Tower Hamlets local authority.
The proposed height of the tower would place it just behind The Shard and 22 Bishopsgate in London, although this does not include skyscrapers still under construction.
That includes 1 Undershaft, which is slated to match the height of The Shard after it is built.
|
__________________
NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
|