The City of London Corporation has received a request for an EIA Scoping Opinion under regulation 15 of the Town and Country Planning (Environmental Impact Assessment) Regulations 2017 for the redevelopment of a site including 1 Undershaft. The proposals involve the demolition of the existing building and the construction of a ground plus 74 storey building for office use (Class E, up to approximately 109,980m²), retail, and food and beverage facilities (Use Class E, up to approximately 2,590m²) viewing gallery and education spaces (up to approximately 2,450m²). Plus, the provision of a new servicing access and public realm and highways alterations including the provision of raised publicly accessible podium at level 10.

Alterations to Finsbury Circus Gardens including the construction of a new park office building, pavilion cafe (Use Class E) and gardeners storage yard, the re-instatement and re-location of the listed fountain, relocation of an unlisted fountain, demolition of the bandstand, hard and soft landscape works including removal of 12 trees and 4 trees to be crown lifted.

Construction of an extension at eighth and ninth floor levels to provide additional B1a office floorspace with associated roof terraces and plant area including external facade alterations and refurbishment of the existing entrance.