Battersea Power Station

Phase 1 of Battersea Power Station apartments went on sale on Monday (14th January) and over 75% of the apartments and townhouses have already been reserved. Prices start at £338,000 for a studio apartment to £849,000 for a three-bedroom townhouse in the re-developed Grade II listed Power Station.

Planning permission was finally granted in December 2012 to this master plan by Rafael Vinoly, with Phase 1 buildings designed by Ian Simpson Architects and de Rijke Marsh Morgan Architects

Image from Nine Elms on the South Bank

The hope is that Battersea will become a thriving district in London; the Northern Line will be extended to reach the development, which will be around the same size as the London Olympic Park.

The Chief executive of the Battersea Power Station Development Company  has said:

The redevelopment of the Battersea Power Station will provide a major boost to London by creating 3,500 new homes, generating 26,000 new jobs as well as leading to the restoration of the iconic Power Station itself.”

Public accessibility is meant to be at the heart of the regeneration of the building, however with launch events taking place for the apartments in Hong Kong, Malaysia Singapore, as well as in London, there is a danger that Battersea will become another playground for the super-rich.

No Londoner wants Battersea to become a weekend retreat for the rich – rumors are circulating that a lot of the apartments will be kept off the market by the owners of the building –  but only time will tell.

Images © Battersea Project Land Company Limited 2013, except for where stated

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