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Planning Milestone for Battersea Power Station
London, 10th November 2006
night Wandsworth Council gave consent to six planning applications and
one variation concerning detailed designs for the Battersea Power
consents, representing a total area of 4.5 million sq ft mean that, for
the first time, the project can now move forward towards the
construction stage and leasing programme.
Victor Hwang ,
President of Parkview International said yesterday, “Today is an
important day for the Battersea Power Station project. We have
appreciated the unwavering support of Wandsworth Council who have seen
us through in excess of 50 submissions since 1996.
has taken us 13 years and an investment of £200 million to arrive where
we are today. This included the acquisition of an additional essential
8.5 acres of land from Thames Water, National Grid, British Rail and
Spicer Cowan to create this masterplan. It was not until 2003 that the
London Electricity Board vacated Turbine Hall B and the removal of
plant and equipment was completed in December 2005 that we were able to
inspect the structure.
“As a foreign investor, it has been somewhat of a revelation to realise that it is not uncommon in Europe for projects of this scale and complexity to take this long to navigate through the planning process.
this time, Wandsworth have remained focused on ensuring that the
regeneration of Battersea Power Station will assure its long term
future and deliver a world class project to the borough and for London
. We appreciate their effort, tenacity and professionalism as we worked
with them and we thank them for their continuing support.
are delighted to have reached this milestone and as we move into the
next phase of construction, we very much hope that we will have the
opportunity to work with the authorities to evaluate how this project
could contribute to the Olympic Experience and to provide a legacy for London
. We believe that the vision of the masterplan for the regeneration of
Battersea Power Station site will be able to provide complementary
facilities and amenities to the vision that the Mayor of London has for
the 2012 London Olympics.”
International will now begin the construction process on the project.
It is expected that the first construction contracts for the
restoration of the Power Station will be awarded in January 2007.
the meantime, Parkview are continuing discussions with a number of
potential development partners who share our vision to see this project
through to completion.
Note to Editors
on a 36 acre site alongside 380 metres (1235 ft) of prime Thames
riverside frontage, the redevelopment of the Battersea Power Station
site represents one of the largest urban regeneration projects in
central London . The developers, Parkview International, aim to create for London
, a new cultural, entertainment, business and events focus supported by
a dynamic and wide-ranging hotel, leisure and retail offering.
Simply called The Power Station, London ,
the vision for the development embraces a place of fun and celebration;
international meetings and events venue and a new centre for the
At its heart is the Power Station, a celebrated iconic building and a potent symbol of the energy and vitality that is London
. Surrounding the Power Station will be two hotels, over 70,000 square
metres of Class A office accommodation, a 2000+ seat auditorium and a
750 unit residential component.
Images are available on request.
For further information:
Corporate Communications Director
Parkview International London Plc
Tel: +44 (0)20 7501 0688