Battersea Power Station generates again
Battersea Power Station, a listed building built in two stages in 1930s and 1950s that has been semi-derelict for decades, will become the new hub of a riverside development, transforming employment opportunities for thousands. The scheme will provide 3,500 homes, 1.7 million square feet of office space, as well as retail units and a hotel including one of London’s biggest ballrooms.
Just a stone throw away from Chelsea and Westminster, the £8bn scheme is expected generate great interest and the developers have a chance to create a new “South Bank”. Other developments in the area include the new US Embassy, expected to open in 2017, and Riverlight, a St James scheme of six residential buildings overlooking the river.
An extension to the Northern line will add two new stations to the London Underground network; one at Nine Elms – serving the US Embassy and the New Covent Garden Market, and the other at Battersea Power Station.
Needless to say, as one of many business located in Battersea, we are delighted about the revival of our neighbourhood.