The Upcoming
  • Culture
    • Art
    • Cinema & Tv
      • Movie reviews
      • Film festivals
      • Shows
    • Food & Drinks
      • News & Features
      • Restaurant & bar reviews
      • Interviews & Recipes
    • Literature
    • Music
      • Live music
    • Theatre
  • Fashion & Lifestyle
    • Accessories
    • Beauty
    • News & Features
    • Shopping & Trends
    • Tips & How-tos
    • Fashion weeks
  • What’s On
    • Art exhibitions
    • Theatre shows
  • Tickets
  • Join us
    • Editorial unit
    • Our writers
    • Join the team
    • Join the mailing list
    • Support us
    • Contact us
  • Interviews
  • Competitions
  • Special events
    • Film festivals
      • Berlin
      • Tribeca
      • Sundance London
      • Cannes
      • Locarno
      • Venice
      • London
      • Toronto
    • Fashion weeks
      • London Fashion Week
      • New York Fashion Week
      • Milan Fashion Week
      • Paris Fashion Week
      • Haute Couture
      • London Fashion Week Men’s
  • Facebook

  • Twitter

  • Instagram

  • YouTube

  • RSS

Current affairs

Battersea power station works finally begin after over 30 years

Battersea power station works finally begin after over 30 years
6 July 2013
Annalisa Ratti
Avatar
Annalisa Ratti
6 July 2013

Prime minister David Cameron, his Malaysian counterpart Najib Razak and London Mayor Boris Johnson opened the official ground breaking ceremony at Battersea power station on Thursday.

The power station was built in 1933 and became a London landmark featured in The Beatles’ 1965 movie Help! and used as the cover of Pink Floyd’s 1977 album Animals.

The redevelopment of the 39-acre site aims to create 3,500 luxury new homes alongside shops, cafés, restaurants and offices and the fully restored Grade II* listed power station.

A new Tube station and connections to the river bus service will link the site to “Travel for London” public transport network.

Redevelopment is predicted to change the area’s landscape and mark the involvement of Malaysian companies in the single largest property project by value in Europe.

A newly created consortium by Sime Darby Bhd, SP Setia Bhd and Employees Provident Fund called Battersea Power Station Holding Co. will carry out the redevelopment works.

The Malaysian prime minister Najib Razak said: “Sixty years ago, few would have predicted that Malaysian money would bring Battersea to life. Within a single generation, we have gone from a colony to a cornerstone investor.”

Despite promises from Cameron that planned development will rejuvenate a run down area of Wandsworth, many local people are not entirely sure about how they could benefit from this redevelopment.

The first phase of the works will involve the sale of virtually all of the homes in the Circle West, and this alone will generate more than £600m profit. Local residents are concerned by the price of reserving a property, not including a deposit, which will be around £2500.

Moreover with such a large part of the investment financed by foreign companies, further concerns have been raised in relation to the employment of local unemployed residents.

According to The Guardian on June 29th and 30th a hundred community leaders met on the Nine Elms development area to demand the involvement of local workers and apprentices to directly contribute to the development project.

Annalisa Ratti

Related Items

More in Current Affairs

Changes to expect during menopause

The editorial unit
Read More

Nek brings Italian pop rock to the Shepherd’s Bush Empire

The editorial unit
Read More

Why Equity Linked Savings Schemes is a preferred tax saving?

The editorial unit
Read More

How the world’s top designers would rebrand political parties

The editorial unit
Read More

Royal baby furore: Proof that the British monarchy is still popular?

Eoin O’Sullivan-Harris
Read More

World Mental Health Day 2018: Raising awareness and combating stigma

The editorial unit
Read More

Seven political personalities you should know about

The editorial unit
Read More

Donald Trump: An enemy of the arts?

The editorial unit
Read More

Trump’s fortune: Where did the money come from?

The editorial unit
Read More
Scroll for more
Tap
  • Popular

  • Latest

  • TOP PICKS

  • Detroit Stories – Alice Cooper
    ★★★★★
    Album review
  • Judas and the Black Messiah
    ★★★★★
    Movie review
  • Laura Mvula – Under a Pink Moon
    ★★★★★
    Live music
  • The Toll
    ★★★★★
    Film festivals
  • Black Bear
    ★★★★★
    Film festivals
  • Big vs Small
    ★★★★★
    Film festivals
  • No táxi do Jack (Jack’s Ride): An interview with director Susana Nobre
    Berlinale
  • I’m Your Man (Ich bin dein Mensch): An interview with stars Dan Stevens and Maren Eggert
    Berlinale
  • I’m Your Man: An interview with Maria Schrader and Jan Schomburg
    Berlinale
  • I’m Your Man (Ich bin dein Mensch) press conference
    Berlinale
  • Moxie
    ★★★★★
    Movie review
  • Souad
    ★★★★★
    Berlinale
  • We (Nous)
    ★★★★★
    Berlinale
  • Bicep at Saatchi Gallery Online
    ★★★★★
    Live music
  • The Winter Lake
    ★★★★★
    Movie review
The Upcoming
Pages
  • Contact us
  • Join mailing list
  • Join us
  • Our London food map
  • Our writers
  • Support us
  • What, when, why

Copyright © 2011-2020 FL Media

Morsi allies reject interim Egyptian government
Qatada deported from Britain