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City of London Local Plan moves step closer to formal adoption

  • February 28, 2024
  • 2 min read
City of London Local Plan moves step closer to formal adoption

The City of London Corporation Planning and Transportation Committee has voted overwhelmingly to approve the local plan for the Square Mile, known as City Plan 2040. The Committee’s decision means that, subject to the approval of the Policy and Resources Committee and Court of Common Council, the plan would be published for public engagement, before being sent for consideration to the Secretary of State.

City Plan 2040 has been in production for several years, featuring extensive public consultation, as well as the production of a wide-ranging and detailed evidence base. It will set the planning and development policies and strategic priorities that will guide the growth of the Square Mile up to 2040. The City Plan seeks to power a growing, vibrant and competitive economy, with over 1.2m sqm of additional office floorspace delivered by 2040.

It also hopes Transform the Square Mile into a 7-day-a-week culture and leisure destination for everyone, and ensure the City of London is a highly sustainable place to do business, with a net zero Square Mile by 2040. Creating an inclusive, accessible and healthy Square Mile where everyone feels welcome and celebrating local heritage while re-shaping those parts of the City that have the most potential for growth and regeneration are also among its aims.

A public consultation on the City of London Corporation Plan will be launched in the Spring, providing an opportunity for all stakeholders to share their views, with an examination in public – carried out by an independent Planning Inspector – following later in 2024.

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