Boris Johnson Gives Go-ahead for Battersea Power Station Revamp
The long-awaited redevelopment of the Grade II Battersea Power Station has been approved by the Mayor of London, Boris Johnson, at a cost of ┬ú5.5bn.
Covering 40 acres, the huge project will bring new office space to Battersea, along with two new Tube stations on the Northern Line, shops, leisure facilities, and thousands of new homes.
Once completed, the development will introduce the first zero carbon office space to Central London.
Although the Real Estate Opportunities’ (REO) plans were approved by Wandsworth Council in November, the plans had to be approved by the Mayor of London. His acceptance marks another step forward for the development, but the project still requires the approval of Eric Pickles, the secretary of state for communities and local government.
It is expected that up to 25,000 jobs will be created if the scheme goes ahead as planned.
“Battersea Power Station has long been an iconic feature of the capital’s skyline, and these plans will make sure that status is retained for years to come,” Mr Johnson commented. “With its future secured through this regeneration, it will once again play a part in driving London’s economy.”
The plans include renovation of the buildings and the four famous chimneys, along with the space immediately around the Power Station. A public square will be built at the entrance to the Power Station which will also serve as a connection with the new transport interchange, and event halls will be created including a conference centre, and the largest ballroom in London.
A green energy plant will be used to power the site.
Rob Tincknell, director of REO, said: “I am delighted that the mayor of London has supported the redevelopment of Battersea power station, bringing us even closer to delivering the regeneration of one of London’s most iconic landmarks. We now look forward to the application passing to the secretary of state for communities and local government for final consideration.”
The coal-fired Battersea Power Station opened in 1933 and generated power until 1983. The station was used on the cover of Pink Floyd’s 1977 album Animals, and also appeared in The Beatles’ 1965 movie Help!
If the plans go ahead, restoration of the site and renovation of the iconic chimneys will be completed by 2016.
As previously reported on our blog, the redevelopment plans have suffered many setbacks. Former plans included an Alton Towers style theme park, but this most recent scheme – designed by New York-based architect Rafael Vi├▒oly – seems to be the most successful to date.
Find out more about office space in Battersea online at officebroker.com.