LIFESTYLE

Power Plan

02 Oct 2019

The £9 billion redevelopment of Battersea Power Station is expected to create a new residential and commercial hub in London

The ongoing redevelopment of Battersea Power Station, a former industrial brownfield in the heart of London, is transforming 42 acres into a new town center surrounded by mixed-use developments and public spaces serviced by a host of public facilities. About 25,000 people will be living and working across the whole 42-acre site. The Battersea Power Station will open to the public in 2021.

 

 

Among commercial establishments expected to set up business in the space in the coming years are more than 250 shops, cafés and restaurants; a hotel; a community hub; event venues within the power station; an enormous food hall; and two medical centers. The masterplan allocates 18 acres to public space, including 450m of river frontage and a 6-acre public park. 

A consortium of Malaysian investors owns the Battersea Power Station site. It includes Sime Darby Property, S P Setia and the Employees’ Provident Fund, with the latter and PNB owning the commercial elements of the Power Station. The British-based Battersea Power Station Development Company is managing the development of the project.  

By The Numbers

42 acres – Total area of development

£9 billion – Project cost

25,000 – People expected to live and work on site 

4,239 – New homes

3 million sq ft+ – Commercial space in the new office district

250+ – F&B expected to set up shop on the site

18,500sq ft – Food hall within the power station

2 – Medical centers

2 – Police community offices

18 acres – Public space (Including 450-m river frontage and 6-acre public park)