Battersea Power Station all set to welcome its first residents

  • March 17, 2021

Battersea Power Station all set to welcome its first residents

Battersea Power Station, once a coal-fired power station, was decommissioned in 1983 and left abandoned on the south bank of the River Thames. Owing to its Art-Deco inspired design, the four iconic chimneys and red bricks, the building has always been a renowned landmark. Since 2014, the Grade II listed building has been undergoing a massive transformation to restore it as a mixed-use development to serve a new purpose as per 21st century requirements, while conserving its unique historical features.

Battersea Power Station – Phase 2

Battersea Power Station is a gigantic and complex eight-phase development – out of which the work on the former power station termed as phase 2 is in full swing again amidst pandemic.

Phase 2 consists of regeneration of the main power station along with construction of a modern energy centre to supply power to the entire project and neighbourhood too and development of public riverside park that spreads over six acres.

The big news is that the restoration of Battersea Power Station is approaching towards completion – with iconic Art-Deco building is due to open over the following months. It is expected that the mixed-use development will be fully opened for public in 2022. Soon, first residents of the regenerated Power Station will move into the building – designed by Wilkinson Eyre followed by the residents shifting to the Electric Boulevard – designed by Gehry Partners and Foster + Partners by the end of this year.

Key highlights of Phase 2

Upon completion, the master plan of regenerated development will comprise of more than 100 retail outlets, restaurants, cafes, bars, a multiplex cinema, six floors of new corporate office space and a 2,000 capacity event venue and unique chimney lift experience. One of the four symbolic chimneys have been replaced with the exact replica. A glass elevator in Battersea is installed to take visitors on top of one of the building’s iconic chimneys. It will take the visitors 109 meters high and offers 360 degree views of London’s skyline from a unique viewing platform.

The developers have paid close attention to the need of open green public spaces thus phase 2 includes creating a six-acre public park, which lies in front of the main building on the banks of River Thames. Along with providing 253 new homes, the Power Station itself will provide 500,000 sq. ft. of new corporate office space, where the tech giant Apple has committed to shift its UK headquarter. It will acquire office space in the central boiler house in the Power Station and move its almost 1,400 employees from its eight London offices into this development.

The development also focused to enhance major transport infrastructure for better and efficient connectivity across capital. Extension of Northern Line and two new underground stations were proposed to increase the mobility of potential residents at Battersea Power Station. Northern Line is extended to the regeneration zone and two new stations are also expected to open later this year.

Phase 2 is nearing completion

Simon Murphy, CEO of the Battersea Power Station Development Company, said: “We are reaching a pivotal moment in the transformation of the Battersea Power Station development as the long-awaited vision for this iconic building and the surrounding area becomes a reality.” “We will soon be welcoming our first residents into the Power Station and to The Electric Boulevard later in the year, and the Northern Line Extension will be operational from the autumn 2021,” he stated further.

Circus West Village – Phase 1

The first phase of the mega development is Circus West Village that is already complete and home to more than 1,500 residents and houses around 20 cafes, restaurants, bars, retail units and fitness studios. Another highlight of Circus West is The Turbine Theatre, Be Military Fit, DNA VR and Archlight Cinema.

Battersea Power Station – A happening place

The riverside neighbourhood is already a very happening place as it welcomes more than three million people a year at its annual events programme. For instance, last year’s key events include the Light Festival at Battersea Power Station and Summer Showtime on The Coaling Jetty, London’s first open-air cinema / theatre experience.

If this has made up your mind to secure a property in Battersea Power Station, do not hold back your dreams as we are here to turn them into reality. We have a fine selection of premium Battersea Power Station properties and our experts are just a call away and always available through inquiries@copperstones.com. Share your plans with us and we will help you with a customized investment plan. Looking forward to hear from you.