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Plans for an 88,000 ft² development above the new Crossrail Liverpool Street Station have been approved by the Corporation of London.

Crossrail and Aviva Investors submitted the proposals for land in Moorgate, above the new station鈥檚 western ticket hall shaft and the existing Metropolitan and Circle Line tracks.

Crossrail said the building, which will be designed by John Robertson Architects, would 鈥渨rap over and around鈥� the station鈥檚 Moorgate Shaft ventilation and emergency access channel. Work is expected to commence when the station is complete in 2017.

Ian Lindsay, Crossrail鈥檚 land and property director, said the building would be an office-led mixed-use sustainable development.

鈥淭hese proposals at 101 Moorgate make best use of this centrally located site,鈥� he said.

鈥淭he new shop units will provide a significant length of active frontage which, together with the high quality office floor space will contribute positively to the Moorgate area.

鈥淭hese plans are further evidence of the lasting legacy that Crossrail will deliver.鈥�

Crossrail said income from over-site developments was a major element of the line鈥檚 funding package.

The Moorgate site formerly hosted a 1970s office building that housed the headquarters of both Amro Bank and Norton Rose.