The £400m tower will offer 28 storeys of office accommodation, with significant retail space at ground, first and second floors. It will also have a free public terrace overlooking the roof of Leadenhall Market next door.
The building has been designed by Make Architects to complement the architecture of the surrounding buildings.
“We are delighted to have received planning consent for 1 Leadenhall, a new building adjacent to the historic Leadenhall Market,” said Brookfield president and chief operating officer Martin Jepson. “1 Leadenhall is a carefully considered design that will complement the architecture of the surrounding buildings and embraces the heritage of its unique setting.”
Though high, at 182.7 metres (600ft) high, 1 Leadenhall is significantly shorter than the 73-storey, 305-metre high 1 Undershaft tower, designed by Eric Parry, that City planners approved in November.