The House of Lords has rejected a petition by a group of Bankside residents to appeal against the Court of Appeal's decision in July dismissing objections to planning permission for London Town's planned Hopton Street tower.
Computer generated image of the planned tower
"The Hopton Street site is owned by London Town's wholly owned subsidiary,
Bankside Developments Limited. The carrying value of the Hopton Street site in
London Town's accounts has always been on the basis that planning permission
would be obtained."
The case was brought by members of Bankside Residents for Appropriate Development (Broad), who had argued that the whole planning procedure was so flawed that objectors did not get a fair hearing, and that planning permission for the block should now be quashed.
They had also argued that their right to the enjoyment of their property under the European Convention on Human Rights would be breached if the tower is built.
It was argued that it would significantly affect residents at Bankside Lofts, opposite Tate Modern and residents at Falcon Point, which contains 110 low-rise flats north of the proposed tower block site.
The site, once a paper warehouse, was sold to developers London Town for £7.6 million in December 2000, after the Tate had tried and failed to buy it.
Developers first hoped to erect a 32-storey block some 127 metres high, but withdrew that plan after local opposition.
The current scheme was submitted in June 2002. It is 63 metres high and nine of the 28 apartments would be "affordable".
Sir Nicholas Serota demonstrates with local residents in July 2003
Dean of Southwark Colin Slee, who also lives alongside Tate Modern, said: "This scheme will benefit a few and deface the environment for millions."
Writing last year in the Evening Standard, architecture critic Rowan Moore said that "developers are treating the Tate's boost to the area as a Klondike, to be mined for all it is worth" and adds that the tower will "blight the approach to the museum, and will obstruct the views and daylight of people who live nearby".
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