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'Scalpel' Tower To Be Built In The City

Tuesday 15th January 2013

A 38-storey tower has been given the green light to be built in The City.


The Lime Street tower, nicknamed The Scalpel due to its straight-edged design, has been designed by Kohn Pedersen Fox.

At 190m tall - 620ft - it will be taller than the Gherkin and will be the European headquarters for the US insurance company WR Berkley.

City of London said the building was a "major vote of confidence in the City's status as Europe's financial capital".

A new public space at street level would be created, as would a restaurant below ground. Work on site is expected to begin by the end of 2013.

Chairman William R. Berkley said: "We are acting as financier, developer and occupier so these plans represent a real, financial and physical commitment to London. Today's decision moves us a step closer to making our plans a reality."