KUALA LUMPUR (May 2): Battersea Power Station is to bring forward a new phase of residential, retail, community and leisure development having secured detailed planning approval from Wandsworth Council, completing Electric Boulevard, London’s newest high street.
“This latest phase adds two new Gehry Partners designed residential buildings comprising 306 new homes.
“They will form an extension to the highly recognisable existing two buildings at Prospect Place, which are fully sold and occupied, and remain the only residential buildings in the UK designed by Frank Gehry, the world-famous architect and designer of the Guggenheim Museum in Bilbao,” stated S P Setia in a media release.
One of the new buildings, Prospect Place 3, is proposed to include senior living apartments, to be managed by a specialist operator for over 65s and includes access to additional care and on-site facilities.
The second building, Prospect Place 4, will offer 122 new homes. As with Gehry Partners’ first two buildings at Battersea Power Station, every home within this latest phase will be unique in design. Both buildings will sit on a communal podium, part of which extends to form a private garden square for residents.
Positioned opposite to the new office building, 50 Electric Boulevard, which is over 50% let, and the western entrance of Battersea Power Station’s London Underground station that is due to open later this summer, this latest approval allows Battersea Power Station to complete the development of London’s newest high street, Electric Boulevard, adding 70,000 sq ft of new commercial space for shops, cafés and restaurants.
Existing shops on the high street include children’s clothing brand Lindex, Zara, Massimo Dutti, Boots Beauty and Borough Kitchen with more to come including WatchHouse, The Salad Project and R.W. Wolf barbers.
This newest phase further extends Battersea Power Station’s objective of creating new facilities and opportunities for the local area, expanding the existing community and cultural programme with the addition of a 15,000 sq ft Community Hub.
This phase will create over 400 jobs, adding to the existing total of over 6,800 jobs Battersea Power Station has provided to date as well as adding to the 2,500 residents.
Construction is expected to start later this year with completion anticipated in 2029.
“This new civic space will be designed in partnership with Wandsworth Council. Local stakeholders will be consulted on the concept, vision and on the appointment of a specialist community cultural operator, who will curate a programme offering a wide range of events and activities to complement the existing offer,” added S P Setia.
“We are moving beyond the halfway point in delivering the masterplan and, together with our Malaysian shareholders, we look forward to starting on site in the coming months as we work towards another key milestone at this incredible regeneration project,” said James Wixley, head of development at Battersea Power Station Development Co.
Meanwhile, Frank Gehry, founder of Gehry Partners is happy that the next phase of the Battersea project is underway.
“These two buildings will help our masterplan, which was designed to create the feeling of a neighbourhood, come to fruition,” added Gehry.
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Source: EdgeProp.my
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