Pickles backs Battersea Power Station plans
by Pete Hayman | 09 Feb 2011
The Battersea Power Station scheme has cleared its last planning hurdle
Treasury Holdings has welcomed communities secretary Eric Pickles' decision to approve plans for the £5.5bn redevelopment of London's Battersea Power Station.
The Rafael Viñoly-designed project is one of the largest development projects to be carried out in central London and was approved by Wandsworth Council in November. Pickles' decision means that the scheme - also backed by London mayor Boris Johnson in December - has cleared its last planning hurdle. Work is now due to start in 2012.
Plans for the site include the restoration of the Grade II*-listed power station - taken out of use in 1983 - and 700,000sq ft (65,032sq m) of restaurant and retail space. A hotel, community facilities, a conference centre, a riverside park and public access to the restored areas of the power station building are also proposed.
Treasury Holdings managing director Rob Tincknell said: "Following productive talks with a number of potential investors, we now look forward to bringing an investment partner on board and commencing with the development of the site and the regeneration of the power station."
Treasury Holdings has welcomed communities secretary Eric Pickles' decision to approve plans for the £5.5bn redevelopment of London's Battersea Power Station. The Rafael Viñoly-designed project is one of the largest development projects to be carried out in central London and was approved by Wandsworth Council in November. Pickles' decision means that the scheme - also backed by London mayor Boris Johnson in December - has cleared its last planning hurdle.
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