• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

MayorWatch

London News and Comment

  • NEWS
  • Twitter

Planning permission granted for Battersea power station scheme

November 12, 2010 - Martin Hoscik@MayorWatch

An artist impression of the completed development
A major redevelopment scheme which would see the iconic Battersea Power Station restored to use after almost 30 years has been granted planning consent by Wandsworth council.

It’s expected the development of the 40 acre site will create more than 3,400 new homes and generate over 15,000 new jobs and training opportunities.

Rob Tincknell, Director at site owners Real Estate Opportunities Plc, described the decision to grant planning consent as “a fantastic milestone toward our goal of creating a new exciting place for London and saving one of the City’s great landmarks.”

As a condition of approval, Real Estate Opportunities plc will provide more than £200m towards the cost of extending the Northern Line and building two new stations on it.

Wandsworth council says the stations are a vital part of regenerating the wider area and will help “kick start” major investment projects throughout the Nine Elms area.

Planning application committee chairman Cllr Nick Cuff said they would “bring a huge economic windfall to this part of south London.”

The Committee has also secured an undertaking that the power station will be “structurally secure by the end of 2016” to safeguard the building and that work to ensure the “complete restoration of the four chimneys” will commence at an early stage of the project.

The application will now be considered by Mayor of London Boris Johnson and the Secretary of State for Communities and Local Government who have the right to call in the decision.

Cllr Cuff added: “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.”

Earlier this month REO confirmed it had agreed an extension to a £200m finance deal backed by the Bank of Ireland and Bank of Scotland.

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to print (Opens in new window)
  • Click to email this to a friend (Opens in new window)

RECENT UPDATES

Tube and rail users to benefit from Oyster weekly fares cap

Mayor and TfL call on ministers to help plug funding gap

Tube to get full mobile phone coverage from 2024

TfL says Direct Vision Standard is already making HGVs safer for London road users




POPULAR

City Hall to move to Docklands as Mayor seeks to raise £55m for frontline services

‘Concern’ over TfL’s ability to deliver major projects in wake of Crossrail cost overruns

City Hall halts London Overground ticket office closures but many will still see opening hours reduced

Transport for London confirms bus cuts will go ahead despite passenger opposition

GOT A STORY?

As the original London news and scrutiny site we've been casting an eye over the capital's public services and politicians since 1999.

 

Many of our top stories started with a tip-off from a reader - if you've got something you'd like us to cover get in touch and we'll do the rest.

Stay In Touch

  • E-mail
  • RSS
  • Twitter

Copyright © 2022 · Terms of Use · Privacy Policy

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.