Once 33 Yrs Battersea Power Station to generally be Evolved into 3, 500 Different Real estate
Battersea Power Station has stood empty for decades awaiting development and approval of plans. Now it has been announced that in October 2013, conversion into new homes will ultimately begin thirty years after the power station closed. The Battersea Power Station Development Company is behind the venture and responsible for the restoration of the Grade II listed building.
The restoration project will come across millions of pounds and will need to include much major repair work before any renovation is obviously undertaken. The first phase of the building work is to repair the external brickwork, clean the towers, do work to the steel frame, repair and replace windows and take down and rebuild the famous chimneys. The chimneys is likely to be reconstructed to exactly the same design but using the latest safety and structural standards. The concept is to help keep the building looking exactly the same and as a star of London.
A unique team has been come up with to work on the internet site and the key developer for phase 1 as been announced as Carillion with the architect being Ian Simpson Architects and de Rijke Marsh Morgan. The contract for the very first phase is rumoured to be worth around £400 million and is likely to be among the largest in London at the present time. Carillion is among the UK’s largest construction firms and already has numerous high profile development schemes udder its belt such as for example Terminal 5 at Heathrow Airport and Crossrail and the Royal Liverpool Hospital Project.
The first phase is likely to be known as Circus West and will be to the west side of the Power Station and will include around 850 one, two and three bedroom apartments, also town houses and luxury penthouses. There will also be shops, commercial units, cultural buildings an d community spaces. When completed the whole development can provide significantly more than 3,500 new homes. It will also create a large amount of new jobs.
Battersea Power Station is the greatest brick building in Europe and was known for its Art Deco interior and decor. It’s a classic coal-fired power station on the lender of the Thames river, in South-West London. It is obviously two individual power stations that have been built at different occuring times but within one building. The first part was integrated the 1930’s and the second part 20 years later. They’ve the identical design giving the iconic 4 chimney look. The energy station stopped making electric in 1983 and has stood empty ever since. However appearances in several music videos for the Beaatles, Take That and Judas Priest and importantly gracing the cover of Pink Floyd’s 1977 album Animals have made it a unique landmark for London.
Ahead of the 1930’s it had been for the local councils to supply electric and so there have been small power stations to get the job done for different districts and the vitality was employed for a specific factory or industry and excess was sold to the public. However as they were small places the standard and voltage and frequency of the power differed greatly. In 1925 the Government decided there ought to be one single power grid with uniform standards. The London Power Company was formed from many of small power suppliers.
Their first super power station was built at Battersea since the proximity to the river allowed for easy cooling of the systems P2001 power station and advantageous to delivery of the coal and was in the center of London to supply electric to. There was much opposition on the grounds that the building would be an eye-sore so the company brought in a popular architect to style the exterior. When it opened it had been probably the most thermally efficient power station in the world. It was integrated 2 stage and by the full time the second phase was completed the UK’s electric supply have been nationalised and ownership was passed to the British Electricity Authority.
There were numerous redevelopment plans over the years as different companies annexed the site. In 2004 there clearly was a redevelopment project in the pipe line but the existing debts of over £750 million, the necessity that any development must add a £200 million contribution to a proposed extension of the London Underground, the requirement for a waste transfer plant and cement factory on the banks of the river and the conversation required, made it an unattractive investment and a difficult commercial project.
In 2006 it had been bought by an Irish company for £400 million. They initially planned to refurbish the website right into a public venue and housing. The master plan was granted permission to proceed but the Irish company’s debts meant the administrations were called in at the end of December 2011 and in July 2012 it had been sold to a Malaysian owned consortium for exactly the same amount since the Irish company got it for. Most interested parties simply wanted to demolish the structure and redevelop the land and it has took careful negotiation to discover a firm ready to undertake the conservation and refurbishment, while developing a commercial venture.