St Martins Property Group has won planning consent for a scheme at one of the last remaining development sites around St Paul’s Cathedral and Paternoster Square in the City of London.
The City of London Corporation’s planning and transportation committee granted consent for the scheme at 5 Cheapside which comprises 87,000 sq ft of office space across eight storeys with around 20,000 sq ft of retail.
The scheme which is bounded by the buildings of St Paul’s and Paternoster Square was designed by John McAslan & Partners. It will include a 16 metre cantilevered entrance extending over the entrance to St Paul’s Tube station.
English Heritage objected to the scheme which is said is ‘not appropriate for this particularly sensitive location. Any replacement building should follow the aims of the Whitfield master plan to create a calm, understated form of development which allows the cathedral to remain preeminent’.
The cladding of the building is considered unusual and as a condition of the consent the developer has to construct a large sample of the cladding off-site for inspection by the members of the planning committee.
DP9 is the planning adviser at Cheapside.