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“This decision is a fantastic milestone toward our goal of creating a new exciting place for London and saving one of the City's great landmarks. Following the Council's approval, the decision and application now goes to the Mayor of London and the Secretary of State for Communities and Local Government for their consideration. We are grateful for the support we have received thus far, and look forward to working with all the stakeholders to establish a long term economic, social and environmentally sustainable heart to Nine Elms.” Robert Tincknell, Managing Director of Treasury Holdings UK and Director of Real Estate Opportunities plc.
Site History A History of Controversy, innovation and pollution Battersea Power Station was the first in a series of large coal-fired electrical generating facilities set up to solve the problems of Britain’s inefficient and fragmented electricity supply in the 1930s.
Regeneration plans that failed to deliver Battersea finally stopped producing power in 1983. However the building was listed in 1980, silencing any calls for its wholesale demolition.
Nine Elms Nine Elms - the newest place in town “We want to use the opportunity of this fantastic redevelopment to put in 2 new stations, on the Northern Line at Battersea.” Nine facts about Nine Elms
Delivering the Nine Elms Opportunity • 204 Acres The Nine Elms area provides over 200 acres of development land. While, currently, light industrial in character, the area is now being planned for major regeneration, all within a mile of the Houses of Parliament. The Greater London Authority published a draft planning framework for the Vauxhall, Nine Elms and Battersea Opportunity Area in November 2009, and has recently completed a study into the infrastructure requirements of the area. The area is also recognised in the Wandsworth Core Strategy as a major opportunity for regeneration. For a major regeneration area, Nine Elms benefits from being in limited land ownership. All of the key land owners are now promoting or considering plans for their sites. These include the planned U.S. Embassy at Ponton Road and a new market at New Covent Garden. Over the next ten to fifteen years, Nine Elms will emerge as one of London’s greatest new places for working, living and visiting.
Our Proposals Character Areas In designing the Masterplan, Rafael Viñoly has divided the site into character areas, such as The Prospect, The Circle, The Town Square, High Street and Power Station Park. The guiding principle of the Masterplan is to create three major avenues towards the Power Station, with each having different characteristics and degrees of animation. Rafael Viñoly has defined the character areas to reflect these conditions. The Prospect is the most formal entry into the site, which draws people in and highlights the iconic corner of the Power Station. The High Street provides a wandering route towards the Town Square, where the Power Station is revealed as a destination point. The Circle and Power Station Park frame the Power Station, for visitors to stand back and appreciate its scale and design.
New life for the Power Station As well as renovation of the famous four chimneys, Real Estate Opportunities’ masterplan for the existing Power Station building includes: • Preserved space immediately around the Power Station maintaining the setting and character of the iconic building
Working Battersea Power Station will provide the most exciting building in London for office occupiers. It will be a unique address for creative businesses. The regeneration of Battersea Power Station will be a new flagship mixed use development for London and a new centre for the Vauxhall/Nine Elms/Battersea area. It will balance the collection of uses and high density development at Vauxhall and support the new communities and uses that will establish in the Nine Elms area. World class office space both within and outside of the Power Station building, together with the many other uses, will serve to create a new commercial centre for London. Battersea Power Station will become one of London’s great addresses for cutting-edge modern businesses, which will be attracted here by the opportunity to be associated with a world famous building and to benefit from the dynamic mix of uses.
Lifestyle The Power Station site will deliver a wide range of community and cultural facilities, which will help to create a world class place and to integrate the site with the local area. A key theme of creativity will run through all aspects of the development. The site will provide new public open space, cultural facilities, health facilities, a gym and community facilities which could include a nursery and library. Because of its mix of uses Battersea Power Station will be a place where people want to live, to work and to visit for shopping and leisure. The development proposals provide for around 8m sq ft of mixed use development, including new homes, shops, restaurants, cafes, offices, cultural and community uses. The Power Station itself will be a striking marker of renewal and will be a true symbol of mixed use development, containing offices, retail, residential, event space and cultural uses. Battersea Power Station is a hugely ambitious project but one that is deliverable and viable, and will create a world class place that Wandsworth, London and the UK will be proud of. It will enhance the quality of life for allwho visit, live or work in the area. Battersea Power Station will be a great place to call home. We will deliver a wide range of housing choices. The approach to the Battersea Power Station project is simple. To ensure delivery and sustainability both now and in the long term, the Power Station will host a diverse arrangement of land uses, spaces and attractions. It is important that these integrate and overlap with each other. The built form will be world class, but it is the activities which Battersea Power Station will support, day in day out, which will be the indication of vitality and that are ultimately necessary for development to be viable for generations to come. Diversity and activity at Battersea Power Station will be driven by the successful integration of the following land uses: • Residential Battersea Power Station will be a fantastic place to live and will provide homes in easy reach of new job opportunities, cultural attractions, retailing and leisure. New housing will be built to high environmental standards and will be designed by world renowned architects and designers. A range of housing choices, in terms of the mix of housing sizes and types, will be offered, suitable for all ages, and including over 500 affordable homes. Housing will benefit from new high quality public spaces and new connections to existing spaces, such as Battersea Park. All homes will have access to either private or semi-private space and many will enjoy spectacular views of the Power Station and the river. Public Realm Proposals for the public realm centre on the Power Station itself, and on unlocking new lengths of the Thames riverside to the public in a new park. The streets and spaces between Battersea Park Road and the Power Station will offer a high quality environment. We will create a series of new, carefully choreographed views and vistas from local roads, presenting the iconic Power Station architecture from beyond the confines of the site. A defining principle of Rafael Viñoly’s masterplan has been to establish a series of wonderful new public spaces, introducing new life and art to the area. The Prospect The High Street The Circle The Town Square
Park and River Walk The Masterplan includes a six acre Riverside Park in front of the Power Station. This will be a wonderful facility for residents and visitors to the site and will also form an extension to Battersea Park. A new public park for London with the backdrop of the reborn Power Station will form an impressive view from the north bank of the Thames. The park will function as a leisure destination for visitors and a local park for everyday use of residents. It will offer both activity and calm on around 350m of newly opened Thames frontage. Enhancements to the existing jetty will make it an integral part of the park and give access to water buses. The Park’s facilities will complement those of Battersea Park – to which there will be a direct connection beneath Grosvenor (railway) Bridge and via the Riverside Walk. The Park will provide a range of open space facilities, including lawns for sunbathing and a game of football, children’s play areas and quiet landscaped areas. With the setting of the Power Station and the River, it will become a great place to relax. It will also be surrounded by restaurants and cafes, which will spill out into the park and provide spectacular dining opportunities.
Sustainability The Power Station will be developed as Europe’s largest carbon neutral building. One of Real Estate Opportunities’ key objectives is to create a low carbon development at Battersea Power Station. A major revision to the Power Station itself will be zero carbon, with low energy buildings surrounding the Power Station. Our aim is to reverse the enormous historic carbon footprint of the Power Station. Through the introduction of a decentralised energy generation facility, the project will be highly sustainable and will be one of London’s most environmentally conscious developments.
A sustainable transport solution Achieving successful large scale regeneration in this area will require a significant change in public transport accessibility. Limited improvements would not provide enough capacity or connectivity for any significant development to take place in Nine Elms, and would not deliver major benefits to the local area. Major new transport infrastructure is needed. In 2008, Real Estate Opportunities’ transport consultants working with Transport for London (TfL) began to investigate ways to improve public transport in Nine Elms. The most viable and credible solution is to extend an existing system – and this means the Underground! Vauxhall is the closest interchange, but the station is already at capacity, plus added demand could cause problems on the Victoria line. Working closely with TfL, the solution is to deliver an extension of the Northern line from Kennington to Nine Elms and Battersea. At peak times the proposed new extension could carry 24,000 people per hour in both directions at two minute intervals – with a journey time of around 11 minutes to Bank and Leicester Square. Privately funded and subject to permissions, the new tube extension could be operating by 2016. Two new tube stations, along with enhanced existing overground rail connections and buses, and a new river bus pier would make Nine Elms well connected and easily accessible. The GLA and TfL have also undertaken an assessment of ways to improve public transport in Nine Elms. The study concludes that the Northern Line extension is needed to achieve high density development in the area. REO is currently preparing a Transport and Works Act application for the tube extension, which will be submitted in early 2011. The NLE will have the following benefits: • The catalyst for huge private sector investment in new homes, jobs and community facilities NLE Briefing note, September 2010 PDF
Creating a new London district The development will create an entirely new district for London, and a new vibrant neighbourhood for Wandsworth supported by significant improvements to public transport. Working closely with our neighbours, Real Estate Opportunities Limited and Treasury Holdings want to ensure that this development is welcomed by local people. The plans will ensure: The site will be well connected and easily accessible through a new tube connection and significant improvements to other public transport means. It will deliver the following major additional benefits:
The Team Real Estate Opportunities Real Estate Opportunities plc, whose ordinary shares are listed on the London, Dublin and Channel Islands Stock Exchanges, owns a wide portfolio of distinctive and valuable properties in Ireland and the UK. The company’s investment and development portfolio includes land, properties and developments in all of the major sectors of the property market including office, retail, residential and industrial.
About the development manager Battersea Power Station is a development managed by Treasury Holdings on behalf of Real Estate Opportunities plc. Treasury Holdings is an international real estate company established in 1989. It now has four offices across the globe, and a track record of successful project delivery, including schemes in Dublin, Shanghai, St Petersburg and China. The developer has a proven commitment to long-term environmental protection. It is the only real estate company in the world to have a dedicated environmental division. Currently developing the world’s largest offshore wind farm, Treasury Holdings holds over 100 patents for a variety of new and exciting environmental technologies as well as working on combined heat and power plants, forestry projects, ice storage air cooling and waste-to-energy systems. Following assessment of its own emissions, Treasury Holdings was awarded Carbon Neutral Company status in 2008.
About the Masterplanner One of the world’s leading architects, Rafael Viñoly, has been working hard to design plans that overcome the many challenges of the site. “The challenge of the Battersea Power Station Redevelopment Plan is to overcome the odds of its unresolved history with a vision of the future that may seem today to be beyond the reach of normal optimism. It is precisely in these moments that a realistic view as well as an inspired implementation plan is required. A vision that confronts the infrastructural deficiencies of the site and the inherent cost of the heritage obligations with a bold but pragmatic approach. The plan addresses first the need to improve its accessibility with a massive contribution to the construction of the extension of the Northern Line; and brings back the original function of the Power Station with a renewable energy source. This plan is deliverable because it grows from needs that are not self promoted but real, and, fundamentally, because it recognizes the extraordinary opportunity of the borough of Wandsworth to become the natural extension of Central London. The project proposes a level of mixed use density consistent with this opportunity, respecting both the iconic nature of the existing building, and the view management framework that is designed to protect the World Heritage sites. It provides more than 50 percent of the available land for public use and redefines the traditional typology of terrace housing to frame the setting of the existing building as the compositional center of the complex.” Rafael Viñoly Born in Uruguay and raised in Argentina, Rafael Viñoly has been practicing architecture for forty-five years and has completed many critically acclaimed civic projects, master plans, private and institutional commissions throughout the United States, Europe, Latin America, Asia and the Middle East. The work of Rafael Viñoly Architects, founded in New York in 1983 has been marked by his dedication to designs that deliver cultural and social meaning. His work is consistently driven by the belief that the essential responsibility of architecture is to generate the most elegant solution within the economy of each project. The firm has expanded to include offices in London, Los Angeles and the Middle East, as well as site offices around the world. Viñoly has been working on the proposals for Battersea Power Station for more than two years, developing a design that maximises the opportunities and the challenges of the site. Viñoly’s practice also designed the recently approved 20 Fenchurch Street office tower in the City of London. In addition to Viñoly’s many successes in international competitions, his work has been recognised in the world’s leading design publications. His buildings have won numerous awards of excellence and he is a Fellow of the American Institute of Architects, a member of the Japanese Institute of Architects, an International Fellow of the Royal Institute of British Architects, and a member of the Sociedad Central de Arquitectos.
Contact Us Press enquiries 020 7259 0503 If you live locally and have questions about the plans call 0845 262 2625 Calls from a landline are charged at your local rate, contact your local provider for information. Call charges to this number from mobile phones vary. info@battersea-powerstation.com
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