Plans proposed for Elizabeth House, and approved by Lambeth Council, includes building two tower blocks, one 29 storeys and the other 11 storeys high.
In today's ruling in favour of the scheme, Mr Justice Collins said their could be no doubt that the development of the site is 'highly desirable' and would provide 'a much-needed boost to employment' as well as improving access to the station and easing congestion:
"This is said to be particularly important since the station is intended to be developed to deliver significant capacity improvements, including bringing some or all of the former international terminal platforms into domestic use."
Westminster Council and English Heritage both objected to the Elizabeth House development planned for a run-down area near Waterloo station in Lambeth, warning it is 'risking the nation's heritage'.
They argued at the High Court it would cause 'substantial harm' to the world-famous views of the capital and affect the dominance of Big Ben as 'an internationally recognised symbol of London'.
As new tower blocks continue to spring up, Unesco has raised concerns about the 'visual settings' of the Tower of London and the Abbey, saying they could be placed on the UN's 'Heritage in Danger' list.
The High Court has upheld controversial plans to build a 29-storey tower block near Waterloo. Critics say the scheme will endanger the World Heritage Site which includes Westminster Abbey and the Houses of Parliament.
But today Mr Justice Collins refused to rule "irrational" a decision by Communities and Local Government Secretary Eric Pickles to call in the £600 million project and hold a public inquiry.