National Grid has announced it will be decommissioning four giant gas holders next to Battersea Power Station to make way for residential, retail and office development. Britain’s biggest utility company has signalled that up to 800 new homes could be involved.
The site is located in the Vauxhall, Nine Elms, Battersea (VNEB) Opportunity Area - a former industrial district which has begun to transform into a new residential and business quarter.
Wandsworth Council's strategic planning spokesman, councillor Jonathan Cook, said the announcement was another shot in the arm for regeneration. "Just about every major landowner in the Opportunity Areas is now gearing up to redevelop their plot,” he said.
By the time the process is complete hundreds of acres of industrial and derelict land will have been transformed into new housing, business hubs and shopping districts.
“There will also be new parks, riverside walks, cultural attractions, schools and two new tube stations”.
National Grid’s major sites team manager Jim Moore said: “The gas holders site occupies an important position between Battersea Power Station and existing homes to the south. Its redevelopment will provide a key link between the established communities and the new ones taking shape in Nine Elms.
"It’s early days in the planning process but we're looking at creating around 800 new homes on the site, plus shops, restaurants, cafés, and leisure spaces at ground floor level to draw people in and bring the development to life.
"We plan to start decommissioning the gas holders during the summer. Demolition and remediation work could start in 2012."
7 July 2011