The City of London’s Planning and Transportation Committee has granted resolution planning permission for the construction of The Tulip
The committee’s decision follows the recommendation of the planning officer’s report which noted the significant public socio-economic and cultural benefits The Tulip project would have on London, and the UK as a whole.
As part of the planning application process, The Tulip Project submitted an Economic Impact Assessment by Deloitte, which estimated that The Tulip would offer economic benefits to London of nearly £1bn by 2045 and 600 additional permanent full-time jobs during 20 years of operations.
According to an independent representative poll of Londoners, conducted by ComRes, two thirds of London adults (65%) think that The Tulip would be an attractive addition to the London skyline, while 69% believe that the proposed development would have a positive impact on ‘the city’s attractiveness as a visitor and cultural destination’.
During the planning application process, The Tulip Project team have engaged with a significant number of local stakeholders including heritage bodies, schools, businesses and residents in the City and neighbouring boroughs. These discussions, together with the views of the planning officers, have allowed the team to tailor the proposal to meet their needs and concerns.
The proposal will now be subject to review by the Mayor of London, who will consider the city’s decision in the wider context of London’s role as a leading global capital.