28 Mar 2014
Battersea Power station developer reveals latest designs, announces first property sales
BY Jak Phillips
The £8bn mixed-use development at Battersea Power Station is gathering steam, with developers revealing the latest images of the project and announcing prices for the first tranche of dwellings to go on sale.
The power station is at the heart of the Battersea Power Station Development Company’s (BPSDC) 40-acre project that will create 18 acres of new public space, including a six-acre public park, approximately 200 shops and restaurants, plus other “state-of-the-art” leisure and recreation facilities.
A BPSDC spokesperson told Leisure Opportunities that the latest pictures offer insight into how the leisure facilities in the main building will begin to take shape.
“Following these images and the residential announcement, more information will be released throughout this year with regards to the leisure and recreation facilities,” they said.
World renowned architects Frank Gehry and Norman Foster are collaborating to design part of the Nine Elms development, which was granted outline planning permission in 2011.
BPSDC announced this week that the 254 homes to be situated inside the iconic power station building itself would go on the market at a sales launch on 1 May.
Having been overseen by London-based interior designers Michaelis Boyd Architects, prices start at £800,000 for a studio apartment, stretching up to £4m for four-bedroom home and penthouses listed under a price on application (POA) tag.
“Being significantly larger than many other comparable new home residences in London and with the best in class design and specification, homes at the power station have been designed with a view to attracting owner-occupiers who want to be at the heart of the vibrant community planned for the power station,” said CEO of BPSDC Rob Tincknell in explaining the eye-catching price tag.
Since Battersea Power Station ceased generating electricity in the 1980s, development proposals for what is Europe's largest brick building have included a Disneyland, a nightclub and a football stadium, with Leisure Management magazine first analysing the site’s prospects in 1981.
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