Canary Wharf Group has received government approval to go ahead with one of central London's largest real-estate developments, a £1bn project on the city's South Bank.
The 1.4 million sq ft Shell Centre project - a joint venture with the real estate arm of Qatar's sovereign-wealth fund - can now see construction start in late summer.
It will take six years to complete the building of the scheme, which will comprise 800,000 sq ft of office space, 80,000 sq ft of retail and leisure space, and 877 new homes.
Once the vacated buildings next to Shell's 27-storey tower block have been demolished, the first task will be to construct the oil giant's new office space.
The 245,000 sq ft of offices and trading floors planned for the oil giant will gather its 4,000 London-based staff together on South Bank for the first time.