Battersea Power Station scheme approved
Release date: Thursday 11th November 10
The redevelopment of Battersea Power Station would see the Grade II* Listed building restored and opened up to the public for the first time.
Councillors tonight (Nov 11) gave the go-ahead to plans submitted by Real Estate Opportunities plc which include a pledge of more than £200m towards a two station extension of the Northern Line from Kennington.
A new tube station is to be located at the power station site with another at Wandsworth Road to serve the eastern part of Nine Elms and the surrounding area.
The Northern Line extension is key to Wandsworth Council's plans to regenerate Nine Elms and will help kick start major investment projects throughout the area.
The power station scheme would create more than 3,400 new homes and 15,000 new job and training opportunities across the 40 acre site.
A pedestrian high street and town square are part of the masterplan, with space set aside for new shops, restaurants, bars, cafes, offices, a hotel, cinema and other community uses.
A new section of the Thames Path is to be created along with a five acre riverside park immediately in front on the power station. Other outdoor recreation spaces would be provided as well as cycle paths and pedestrian walkways.
Planning application committee chairman Cllr Nick Cuff said:
"This scheme would restore one of London's most iconic buildings and create thousands of new jobs and homes.
"The two Northern Line stations will spur on the regeneration of Nine Elms and bring a huge economic windfall to this part of south London. There is still a great deal of work to be done but this is an important step forward and will give the area's other major investors the confidence to press ahead with their plans."
Before work begins Treasury Holdings will sign a legal agreement pledging more than £211m to improving local infrastructure and community services. Around £203m of this would go towards extending the Northern Line.
Other transport improvements include new bus services and a new passenger pier to link Nine Elms with riverbus services into central London.
The committee also secured a commitment that works to repair the power station will begin at an early stage of the project and that the building would be structurally secure by the end of 2016, including the complete restoration of the four chimneys.
The powers station scheme consists of four linked planning applications; an outline planning application and three applications for listed building consent. All four were approved by the committee.
Battersea Powers Station is the largest brick building in Europe and has been out of use since it was decommissioned in 1983.
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This is fantastic news not just for Wandsworth but for the rest of London as well in terms of jobs, transport and new homes. Well done to the Council and the developers and let's hope that the economy does not stall this much needed redevelopment project.Dawn Martin, London
13 November 2010
Fantastic news, every morning I look out of my window at this magnificent building dreaming of the day it will once again be a living and working entity! Let's hope the developer can now raise the money to start the work and the Mayor and Government don't delay their approvals - we've waited long enough!Reg Hoare, Battersea
14 November 2010
Great story - get that tube link sorted!Alan Thomas, Earlsfield
14 November 2010
I am astounded to see this coming! I am thrilled to here that a Tube line will be serving an area in south London currently with no reliable Tube connection. This is common sense well in place.Uche Chinonso, London
8 December 2010
I was told by Treasury Holdings rep Tony Whitehead that it was possible to view the original application online. Where do I find it?Francine Yorke, London
2 August 2011