Battersea Power Station is at the heart of one of central London’s largest, most visionary and eagerly anticipated new developments, which will see this vast 42-acre former industrial brownfield site become home to a community of homes, shops, cafes, offices and 18 acres of public space. The outline planning application for architect Rafael Viñoly’s masterplan for the site was approved by Wandsworth Council and the Mayor of London in 2010 and approved by the Secretary of State and permission granted in August 2011.
The £8bn project will see the creation of a vibrant, mixed-use development, a new town centre for London serviced by an extension to the Northern Line and the restoration of the Grade II* listed Power Station. Battersea Power Station is contributing up to £211m to the NLE, which was guaranteed by the Chancellor of the Exchequer George Osborne in the Autumn Statement of November 2012. According to Prime Minister David Cameron, it is the ‘jewel in the crown’ of central London’s significant regeneration area, Nine Elms on London’s South Bank.
The overall project is divided into seven phases, with each designed by a range of specialist architects. These include Ian Simpson Architects and De Rijke Marsh Morgan (dRMM) in Circus West (Phase 1), Wilkinson Eyre Architects in The Power Station (Phase 2), and Foster + Partners and Gehry Partners in The Electric Boulevard, Battersea Roof Gardens and Prospect Place, (Phase 3).
Construction work officially began with Phase 1 on July 4th, 2013 – the 80th anniversary of this historic building. The overall development is anticipated to be completed in 2025, with The Power Station itself expected to be open to the public for the first time in over 30 years in 2019.
The Battersea Power Station site is owned by a consortium of Malaysian investors comprising S P Setia, Sime Darby and the Employees’ Provident Fund. The development management of the project is being undertaken by British based, Battersea Power Station Development Company.