(MENAFN) Lebanese billionaire Joseph Safra was granted approval for the construction of the second-tallest building in London.
"Tulip" building will be offering a 305m-high viewing tower along with a bar and restaurant, rotating pods on its exterior, and an education centre.
Construction for the building of which the Lebanese billionaire fought hard to get approval for will commence in 2020 and wrap up in around five years.
"As part of the planning application process, The Tulip Project submitted an Economic Impact Assessment by Deloitte, which estimated that The Tulip would offer economic benefits to London of nearly 1 billion euro in total monetised value by 2045 and 600 additional permanent full time jobs during 20 years of operations," stated a Tulip Project spokesperson.
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