London’s iconic Battersea Power Station development has unveiled plans for Phase Three of the development, designed by world-renowned architects Gehry Partners and Foster + Partners.
Following an international competition last year, the two architectural practices were chosen for the bold and innovative designs they had for both new homes and a new pedestrianised retail street in the area to the south of the Power Station.
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The designs, which were unveiled yesterday and are subject to local council approval, reflect the shareholders’ commitment to creating world-class buildings that will complement the iconic Power Station, while becoming destinations in their own right. The project represents the first permanent development in London by Gehry Partners.
Phase Three is a key part of the regeneration of the Battersea site, and will feature a new high street for London, to be known as The Electric Boulevard. This will be the main gateway to the entire Battersea development, connecting the Northern Line Extension station with the Power Station itself, and is at the heart of the vibrant new community being created on the 42-acre site.
The third phase will comprise more than 1,300 homes in a range of sizes and styles in two zones on either side of the boulevard. In addition, a 160-room hotel and 350,000 sq ft of retail and restaurant space plus additional leisure space will be delivered as part of the proposals. Some 103 affordable homes from the total of 517 being provided across the development will also be delivered as part of this third phase.
Rob Tincknell, Chief Executive Officer of Battersea Power Station Development Company, said: “We have set out to make Battersea a showcase for the world’s very best architects and the designs we are unveiling today demonstrate that commitment in action.
“Phase Three is an important part of our plans for the Power Station site, creating a new thoroughfare which will be at the heart of the new vibrant community. We are determined to create a genuine sense of place, and developing landmark buildings in which people are proud to make their home and work in is vital to us achieving that aim.”
Work began on Phase One of the development, known as Circus West, in July 2013 while work on the restoration of the Grade II listed Power Station itself is gathering pace, with the reconstruction of the first of the iconic chimneys to the original specifications set to start shortly.
Battersea Power Station is being redeveloped by a Malaysian consortium of SP Setia Berhad, Sime Darby and the Malaysian Employees Provident Fund. More than 70 percent of sales in its first phase were made to buyers in Southeast Asia in 2013.
Andrew Batt, International Group Editor of PropertyGuru Group,
wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg
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