At a Planning and Spatial Development Strategy meeting at City Hall, the Mayor approved plans which will provide a boost to a neglected part of south London and see the historic Grade II* listed building restored and opened up to public use for the first time. The station has remained vacant since it was decommissioned in 1983.
The application is an integral part of the GLA Group鈥檚 wider Vauxhall-Nine Elms-Battersea Opportunity Area (OA), one of the largest regeneration proposals being considered in the capital. Once completed, the OA will deliver as many as 25,000 jobs, with about 15,000 people working within Battersea Power Station alone. In addition the Vauxhall-Nine Elms-Battersea regeneration would provide 16,000 new homes, the largest park space to be created in central London over the last half century, and secure the area鈥檚 future as a major retail and leisure destination.
The Battersea Power Station proposal, submitted by Real Estate Opportunities Plc, was approved by Wandsworth Council in November and referred to the Mayor as an application of strategic importance. It includes a commitment from the developers of more than 拢200m in funding towards a two-station extension of the Northern Line from Kennington.
Mayor of London Boris Johnson said: 'Battersea Power Station has long been an iconic feature of the capital鈥檚 skyline, and these plans will make sure that status is retained for years to come. The building was once a vital motor helping to power the capital. With its future secured through this regeneration, it will once again play a part in driving London鈥檚 economy.'
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