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Battersea Power Station £8bn redevelopment | Nine Elms | U/C

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#1 · (Edited by Moderator)
EDIT: Continued from previous thread.

- wjfox


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I wonder what Boris & Simon will think of this hmmmmmmm.

http://www.bdonline.co.uk/story.asp?storycode=3116482

Battersea Power Station - images

19 June, 2008

By Will Hurst

The first images of Rafael Viñoly's mixed-use design for Battersea Power Station have been revealed.

Owner and developer Real Estate Opportunities (REO) is aiming for the £4 billion scheme to become a zero carbon exemplar, BD's sister paper Property Week is due to report on Friday.

REO, part of Irish firm Treasury, aims to restore the derelict Grade II*-listed power station and convert it into a range of uses including apartments, retail, and a hotel while the remainder of the site will host a range of residential and office uses within a transparent structure topped by a 300m-high tower.

The tower itself appears to echo the chimneys of Giles Gilbert Scott’s power station itself.



 
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#1,166 ·
Eye-wateringly expensive Battersea Power Station flats offered to Londoners first

The first wave of new homes at Battersea Power Station are set to go on sale tomorrow morning withprices for a studio starting at an eye-watering £338,000.

Contrary to many reports, Londoners are to be given the first chance to buy one of the initial 800 properties at the £5bn development with a mixture of studios, one, two and three bedroom apartments, family townhouses and penthouses going on the market.

Studios start from £338,000, one beds from £423,000, two beds from £613,000, three beds from £894,000 and the eight townhouses from just over £3 million.


But those prices pale into insignificance compared to the cost of one of the nine penthouses, many of which have sweeping, panoramic views of the Thames and central London.

These prices are expected to reach a minimum of £6m, but this figure could easily rise if many parties are interested.

Potential buyers will have to splash out £2,500 just to secure an offer, followed by a deposit of 10 per cent within the next four weeks.

The properties in the initial phase are due to be completed in 2016.

Rob Tincknell, chief executive of Battersea Power Station Development Company, said: "The building is awesome and there is value in that, having dominated the horizon for nearly 90 years.

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"People are fascinated by it and want to be part of it. We also have the great advantage of a Northern line station within the site."

The properties going on the market tomorrow will be in blocks, due to be called Circus West, immediately to the west of Sir Giles Gilbert Scott’s grade II* listed power station.

All eight blocks will top out at 17-storeys apartments and all properties will have enclosed "winter gardens"

Architect Terry Farrell said: "Undoubtedly this is the most exciting new chapter in the story of London and quite possibly the last time the capital will see the creation of a completely new district, built where none existed before."

Once Londoners have had their pick of the properties, there is expected to be intense international interest from potential owners in south-east Asia and South America.

SP Setia and Sime Darby, the Malaysian developers who bought the derelict site for £400 million last year, plan to build more than 3,400 homes around the iconic art deco power station, which was built in 1933 and remains Europe’s largest brick building.

The restoration work will involve the removal of the power station's badly-corroded chimneys and replacement with "exact replicas" copied from the original architect drawings.

The project has been boosted by the Coalition Government’s £1bn support for a Northern line extension which will bring two new stations, one at Nine Elms and another at the power station site itself.

For more details, call 020 7501 0678 or visit batterseapowerstation.co.uk.

This is from here:http://www.wandsworthguardian.co.uk...wer_station_flats_offered_to_Londoners_first/
 
#1,167 ·






 
#1,170 ·
Thanks Brannix for the images of the model, looks like there is room to add a second Battersea Power Station into the open space to the east.

Re: Height of blocks, yes I think most people would concur that they are a little too high, but given 20-30 years of trying to find an approach that enables sufficient development for a developer to conserve the power station, I would much rather this proposal than risk waiting possibly for another few decades for a better proposal, which may never happen. Other economic benefits is the northern line extension - all has a price.
 
#1,171 ·
I don't have a problem with the height of the buildings or the 'cramped' nature of the power station's encirclement. I think there'll be a similar drama to that created by a 'cramped' cathedral (e.g., St Paul's). If the cladding on the buildings is top-notch there'll be a stunning play of reflections.
 
#1,186 ·


There's a website dedicated to it here:

http://www.batterseagasholders.com/

National Grid owns the gasholders site on Prince of Wales Drive, Battersea and has a statutory responsibility to maintain it.

The site is no longer used for storing gas and the gasholders themselves have been decommissioned.

We will dismantle the gasholders and clean up the site, allowing for the creation of new homes and linking existing communities to Nine Elms on the South Bank.

We have now submitted our application for the demolition of the gasholders to Wandsworth Council and expect a decision by February 2013.

Information about the demolition here: http://www.batterseagasholders.com/demolition.html
 
#1,187 ·
http://www.guardian.co.uk/commentisfree/2013/jan/11/battersea-power-station-linear-city

Along the Thames a vast linear city was built in the 2000s, without ever being officially planned, announced or publicised. Briefly interrupted by central London's historic riverside buildings, to the east it starts at the Millennium bridge, to the west at Vauxhall bridge, with the apparition of the huge, hideous and expanding St George's Wharf complex. This linear city is a buy-to-let paradise, an almost endless enfilade of green glass, terracotta and wavy roofs, the boom's most visible legacy in London, blocking and defining the river. Only a handful of structures really stand in its way and interrupt it – the largest of them by far the rotting and magnificent hulk of Battersea power station, its stock-brick solidity a remarkable contrast to the Trespa all around. Except now, it's being pulled back in, as surely as the warehouses-cum-penthouses of Shad Thames, as part of perhaps the final big riverside development. A tube extension, bizarrely considered a priority by central government, has dragged this last post-industrial waste back into service. The flats went on sale two days ago, instantly snapped up by investors undeterred by the massive price tag.

This is some sort of final triumph for the creators of the buy-to-let linear city, as Battersea power station has been an obstacle for a very long time. The power station has, ever since it was decommissioned in the early 1980s, been the object of feverish land speculation. Instead of generating electricity, it generates money for its successive owners, and generates largely ill-advised architectural plans. Since 1983 it has lived a phantom life in blueprints, drawings and renders. It has been a theme park, a shopping mall and a mixed-use museum-cum-retail hangar, ringed in every case by riverside luxury housing. Developers have usually bought up the site, sat on it until it became more and more valuable, then sold up and moved on. A book could be written about these dealings, and the strange impasses that they usually entail – one developer, Hong Kong-based Parkview, sat on the place for 13 years. The last owners, imaginatively named Irish developers Real Estate Opportunities, pulled out in 2012 after a relatively swift five years. Much has happened to Battersea in the courts, but little has been done to the building itself, save for the disastrous removal of the roof as part of the theme park proposal, meaning that the place is corroded and flooded, to the fury of conservationists. A local community group advocating social housing on-site has been similarly ignored. Yet in all the proposals and counter-proposals, few imagine that it could be a power station.

It now seems self-evident that a Thameside site such as this should become part of the new luxury linear city – the notion that its use should be industrial is seen as practically 19th-century. The sheer expense of restoring the Grade II listed building and its scrubby, poisoned hinterland means that the costs have to be offset by some kind of money-spinning ballast, generally meaning that a structure now in splendid isolation be hemmed-in with yuppiedromes, and the turbine hall become a shopping mall. In the process, electricity, like any other industrial process, becomes even more something faintly magical for Londoners. We don't know where it comes from, we are not supposed to see its process or production. It could be made in China for all we know. The last developers briefly proposed a biomass power station in part of the building's shell – largely, it seems, in order to generate some picturesque steam from the chimneys – but it was an idea more interesting than all the starchitect interventions proposed for the last 30 years.

The same developers donated a sum of cash to the Conservative party during their period of speculating on the power station. So, serendipitously, the Tories' 2010 election launch party was held here, on an industrial site where nothing is produced, upon a swath of dereliction at the heart of a great capital, on a locus of highly dubious real estate dealings. As a metaphor for the country the Tories had redefined over the 30 years since decommissioning, it was a satirist's dream. But now, a sort of psychic boundary has obviously been passed – it must really be happening if people are buying the flats. The march of the new Thameside city rolls on, undeterred by recession and crisis. Just over the river is another brief rift in the landscape of aluminium balconies and terracotta cladding. Churchill Gardens is a council estate built on the river from 1946 onwards. The two are directly linked by the estate's district heating system, which ran on spare heat from the power station. It's a fragment of a welfare state London, the London of the LCC and local authorities, 1,600 homes for those who wouldn't be able to afford to live in even the "social" part of a new riverside scheme. They're a glimpse of a different Thames altogether.
 
#1,188 ·
What a sour, churlish, and jaundiced excuse-of-an-article. Although I really do take my hat off to the writer for managing to drag petty political mud-slinging into the 'article' in such an imaginative way. I would never have thought you could bastardize a landmark regeneration project and a tube extension so that it reflects negatively on the 'Tories'.
 
#1,195 ·
Battersea sales bonanza as £600m flats sold in four days

More than £600 million worth of flats and townhouses ranging from £343,000 for a studio to £6 million for a penthouse have been sold at Battersea Power Station in a four-day stampede.

Three quarters of the initial phase of 800 properties at the project called Circus West were snapped up at what is thought to be the fastest selling property development on record in London.

Rob Tincknell, chief executive of Battersea Power Station Development Company, said: “It’s been like the start of the Harrods sale. It really has been phenomenal. We had people queuing from 6.30am on Thursday and the London allocation sold out in days.”

By the time the sales centre at the riverside site closed on Saturday afternoon 600 buyers, from City bankers to a former power station worker, had written out cheques. Buyers have to pay a £2,500 booking fee followed by 10 per cent of the purchase price on exchange, which has to be within four weeks.

The keenest interest was for the larger townhouses and penthouses overlooking the Thames, which have multi-million-pound price tags.

Mr Tincknell and his marketing team are now in Singapore during a “road show” to sell the final 200 properties. All 800 are expected to be sold by the end of the month.

Property experts said they could not recall a residential development selling as quickly in London. Stephan Miles-Brown, head of residential development at Knight Frank said: “If these figures are right they are unprecedented for a London development.”

Typically a new scheme will sell at a rate of about 100 units a year. The 84 apartments at the One Hyde Park scheme in Knightsbridge took more than 18 months to sell, albeit at much high prices. The £8 billion development of the former electricity generator and 39 acres of surrounding property under a masterplan drawn up by architect Rafael Vinoly is being funded by a Malaysian consortium.

Jeremy Raj, property partner at London law firm Wedlake Bell, said: “There is huge interest in these developments from Singapore, Hong Kong and China especially. I have already had enquiries from the representatives of wealthy individuals or families who are looking at the £3 million plus opportunities.

“I know from Indian and Chinese contacts, for example, that the studio and one-bedroom options are appealing to wealthy parents looking to buy a flat as a home for a child studying in London.”

The power station was decommissioned in 1983 and has stood empty while a series of plans to redevelop it foundered. The flats and houses in Circus West are expected to be ready for occupation by 2016 and 2017.

Restoration of the Grade II starred listed power station building will begin in the summer.

http://www.standard.co.uk/news/london/battersea-sales-bonanza-as-600m-flats-sold-in-four-days-8450783.html
 
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