It seems that in the current economic climate, the developers on the new Battersea Power Station are rethinking the initial design after the slump in demand for luxury properties. They are planning to replace the current design for apartments with up to one million square feet of office space. It seems the property market pinch is having a huge impact on the desire for such expensive Battersea property. The consortium of three Malaysian groups who are developing the site had planned more than 3,800 homes for the site on the 1930s London landmark.It mainly consists of luxury apartments, but since the plans were set out, the Battersea property prices at the high-end have taken a down turn.Scaring of many investors looking for a profit. Developers have, in turn, reviewed plans for phases of the £9bn scheme, a process that is still under way. One million square feet of extra office floor space would be roughly twice that of the Gherkin tower in the City of London. “I could easily see us adding another million square feet [of offices],” said Rob Tincknell, chief executive of the Battersea Power Station Development Company. “The great thing about a long-term scheme like this is we can adjust with the markets. If there’s no residential market and a very strong office market then we will build offices.” Apple is set to open its UK headquarters in 2021 in 500,000 sq ft of space within the Battersea power station building, a former coal-fired plant whose four chimneys make it an instantly recognisable part of the London skyline. You can see the original article here: Battersea Power Station Property
The Government is now at the stage of having open consultation with regards to the new Heathrow expansion. Residents of Wandsworth , including Battersea , have until May 25,2017 to voice an opinion and have their say. The Government sent a consultation leaflet outling the plans and asking for opinion to around 1.5 million homes around the airport including every address in Wandsworth. It lists potential economic benefits, but does not include information on increasing aircraft noise levels, pollution impacts, health impacts, taxpayer costs, traffic increases or the loss of noise respite periods. For more information, you can read the Wandworth council page here: Heathrow Expansion Consultation
Not far from the new Battersea Power station development yesterday, a massive crane lowerd two drilling machines into the ground for the first time.Helen and Amy as they have been named were lowered to begin tunnelling the new Northern line extension to Nine Elms and Battersea Power Station. The extension has been funded mostly by the private sector at a cool 1.2 billion pounds. This will bring two completely new underground stations to an area that has been crying out for extra transport links, and especially underground links for years.The machines weighing 650 tonnes and the length of a football pitch will tunnel into life in March this year. Helen and Amy, as they were named by local school children, will work tirelessly 20m underground in an effort to get the line open in 2020. It's the first Tube line extension since the Jubilee extension in the 1990's. The new extension will open in 2020 and is thought to be creating up to 25,000 new jobs in the area. It's estimated they will remove over 350,000 tonnes of earth during the project. The earth will be loaded onto Thames barges and floated down to East Tilbury to be spread on farmland. Of the cost, £1 billion in funding will be provided by the private sector.
Battersea Power Station stands proudly on the south bank of the River Thames as one of the most iconic buildings in the UK. Recogniseable by visitors to London from around the world, this once active coal-fired power station has stood empty since 1983 when it was finally decommissioned. However, thanks to an agreement with Malaysia’s SP Setia and Sime Darby the site is now being redeveloped and will see the power station and surrounding area developed into a multi-use area which will see a variety of properties developed as well as various commercial developments such as shops, restaurants, hotels and businesses. Short History of Battersea Power Station Development Battersea Power Station surprisingly was built as two power stations, Battersea A and Battersea B. Construction of Battersea A began in 1929 and was fully operational by 1935. The construction of Battersea B began in 1945 and was up and running fully by 1955. The two power stations are almost identical in design which is why what we know was Battersea Power Station today has the instantly recognizable four chimney layout. Battersea Power Station would go on to function as a coal-fired power station for the next few decades until in 1975, Battersea A was decommissioned followed by Battersea B in 1983. However, during its time as a power station (and in the subsequent years it lay empty) thanks to its unique look, it has been in demand as a location for various film and TV shoots as well as referenced in much popular culture. As one of the world’s largest brick buildings with a lavish Art Deco interior and decor, the power station has graced the album covers of bands such as Pink Floyd and the Beatles as well as being used in music videos by a host of artists including The Jam, Tori Amos, Texas, Take That and Biffy Clyro. It’s also appeared in TV and film multiple times including Alfred Hitchcock’s Sabotage, Monty Python's Meaning of Life, Superman III, The Dark Night, Got to Dance and The King’s Speech. Despite its popularity as a shooting location for music videos, TV and film, the future of Battersea Power Station was uncertain for many years as it went through many troubled years of ownership which saw plans developed and shelved as well as various owners suffering financial difficulties. By 2012 the site’s owners were in administration and the appointed administrators Ernst & Young entered into an exclusivity agreement with two leading Malaysian companies, SP Setia and Sime Darby to develop the site. This will see the power station and the surrounding area completely redeveloped to include 800 apartments, a range of other housing and a variety of businesses, shops, gym, spa, hotels and even a theatre. Battersea Power Station Property Property at Battersea Power Station is divided into three stages of development. As you may suspect for a development in this area of London at one of its most iconic locations, the focus is on quality and all three phases of property development have a focus on luxury living whether it be a flat or house. Phase One of the Battersea Power Station development was launched in early 2013 and all 865 of its flats were sold off-plan within a few weeks. Many of these have been bought by property speculators looking to enjoy a potential rise in the prices over the coming years. Prices of these flats ran into several million for each one. Phase Two of the Battersea Power Station development is the redevelopment of the actual station itself. This development was launched in October 2014 with an initial 539 luxury apartments. Phase Three of the Battersea Power Station development is a 1306 home scheme designed by Foster + Partners, one of the world’s leading innovative architectural practices in the world based only a short walk along the River Thames away in SW11. Property prices at the Battersea Power Station development are currently as follows: 2 bed from £1.33 million 3 bed from £1.9 million 4 bed P.O.A Penthouses P.O.A Business at the Battersea Power Station Development As well as there being a significant amount of housing at the Battersea Power Station development, business will be at is core too. Apple will be the largest tenant at the old power station and they will occupy six floors of the building totalling 500,000 square foot which is 40% if the building’s total office space. Apple are expected to have fully moved into the development by 2021. The other office space at the development will be utilised by a variety of businesses from the UK and the rest of the world across a range of industries. Leisure at the Battersea Power Station Development With so much housing and business being developed at the Battersea Power Station development, extensive leisure facilities are being developed too. This includes: Shops The shopping facilities at the development will be second to none and will be shopping destination to rival other parts of London. It will feature a range of innovative brands, exciting independent stores as well as established names all of which will combine to give shoppers at the Battersea Power Station development a truly world leading retail experience. Restaurants As you would expect, there will be an extensive selection of eateries at the power station development in Battersea. From boutique cafes and exciting late night street food to the very best in Michelin Star quality fine dining, there will be something for everyone. Hotels A luxury boutique hotel is being developed at the old Battersea Power Station site that will provide the ideal place to stay for visitors. Offering stunning views of the power station, the hotel will be housed in a Frank Gehry designed building and will offer guests the very height of luxury. Thanks to the development of Battersea Power Station, the future is bright for Battersea and its surrounding areas as it is set to become one of the most sought after postcodes not just in London, but the UK as a whole.
The Met Office has issued a severe weather warning for London this weekend, with the current cold spell due to get worse. Friday evening and into Friday night will be a baltic -1C, while cloudy and cold, with sleet and snow showers. Saturday will bring more of the same, with Kent and Sussex getting the brunt of the snow. The maximum temperature will be 5C but it may feel much colder. The outlook for Sunday is chilly as there will be “marked windchill”, rain, sleet and snow. Wrap up warm everybody !
Specialist broadband company Hyperoptic have been chosen to install superfast broadband in the new Battersea Power Station Properties in the first phase of the development. The first phase of properties are due to be getting the first residents moving into their flats over the new few months. The new owners will have their expensive new properties equipped with 1Gbps ‘ultrafast’ broadband.This will be the fastest availabe in the country and doesn't rely on the existing copper cable networks currently used by the majority of broadband providers. The iconic site, which covers 42 acres will comprise residences, offices, shops and a new park. The 4000 new homes in 'Circus West' will have the faster speeds available from day one.
The Evening Standard has just posted an article with a fantastic walkthrough video of how the new 9 billion Battersea Power Station development will look when completed. The chief architect of the mammoth renovation project has released fresh images showing views of the upcoming riverside complex as seen from both the ground and the sky. The wallkthrough shows how a a new high street containing no chain restaurants will link a new Northern Line Tube station with the Power Station Park’s town square, while luxury apartment blocks surround the iconic 1930s building. A walkway linking Battersea Park Road and the new property development will be lined with trees, cafes and a play area. You can read the original article and see the video here: Walkthrough Video
The first phase of the new development at Battersea Power Station will see its new residents move into their new property within a matter of weeks, as the first phase of property at the new Power Station development nears completion. Circus West is the initial phase, with most of the proprties now sold. Alongside this, the developers have announced there will be no chain bars or restaurants allowed into the commercial property in a bid to attract more bespoke options.It seems the first wave already confirmed include a Danish pizzeria, an oyster bar and a boutique gin distillery taking residence at the 9 billion development. The restaurants, bars and shops in “Circus West Village” will open by summer. Rob Tincknell, chief executive of the Battersea Power Station Development Company, said: “We are striving to deliver the best mix of independent, authentic and fun British and international operators — an extension of the existing local community, a place for people to visit, be entertained, try something new, work and live.”
For anyone interested in stories from the wonderful Battersea Dog and Cats home, here is a relatively recent publication we have just discovered. Battersea Dogs & Cats Home is the UK's oldest and most famous home for dogs and cats. The Home aims never to turn away a dog or cat in need of help, reuniting lost dogs and cats with their owners or caring for them until new homes can be found. Battersea also works to educate the public about responsible pet ownership. Every year the Home cares for over 9,000 lost, abandoned and neglected dogs and cats, and in 2010 the home marked its 150th anniversary
An area of the river in front of Battersea Power Station will be opened for public access today for the first time since station was built last century in the 1930's. The area that will be opened had been the site of a coal storage area and a warehouse.The area served the power station and was not open for any form of public access. It will be accessible through a new entrance in a former railway arch called Grosvenor Bridge Arch, near Chelsea Bridge and Battersea Park. Residents are expected to start moving into the first phase of the Malaysian-backed scheme, called Circus West, by the end of this month. Restaurants, bars and shops are to open in the summer. The space will eventually form part of the six-acre Power Station Park, which will run in front of and to either side of Europe’s largest brick building. This will open up the entire stretch of the Thames riverbank in front of it by 2020. Londoners will then be able to walk on the south side of the river from Chelsea Bridge all the way to Tower Bridge for the first time. Northern Line extension: Tunnelling work on £1.2bn extension to Battersea to begin in MarchRob Tincknell, chief executive of Battersea Power Station Development Company, said: “We are delighted that we are able to open new public spaces for London and are starting to bring the power station and its surrounds back into London life. This new stretch of the Thames that is opening has always been off limits. “When Circus West village’s exciting mix of independent retailers, restaurants and cafes begin to trade this summer, the riverbank will be brought alive and become a new riverfront neighbourhood for London.” You can read the orinal article from the evening standard here: http://www.standard.co.uk/news/london/stretch-of-riverside-next-to-battersea-power-station-opens-to-public-for-first-time-since-1930s-a3455296.html Picture Ashton Keiditsch