The planning application was approuved by the LB Wandsworth on 19/06/12. The development represents an overall investment of approximately £15 bn and one of the most exciting regeneration projects in Europe.
The outdated Market Towers will be replaced by a new tall building of high architectural quality and new affordable private housing and modern office space as well as a new public square lined with shops, cafes, restaurants and bars will be created.
The designs are based on an urban oasis concept aimed to create an inviting and communal environment at day and night. Some of the exciting improvements that are planned include a new linear park from One Nine Elms to Battersea Power Station, a new pedestrian bridge improving the Vauxhall one-way system, a hotel with facilities for the public on which we provide more information below and especially approximately 16,000 new homes and 25,000 jobs.
To make an enjoyable cultural and community space, proposals mention the creation of a cultural and art based experience at the top of the tall building , potentially including a large scale work of art visible from ground level. Other ideas consist of a theatre, an outdoor performance space, a market and a children’s play area etc.
Another important area of the improvements is the creation of a route up to Vauxhall park connecting the South Bank to Battersea through the linear park. Easier access to the river front will be allowed by a new pedestrian and cycle paths.
Three car club parking bays are included in the scheme along with 109 parking spaces and secure storage for 653 bikes.
Housebuilder Barratt, Sainsbury’s and London and Quadrant housing association have agreed to develop some of the London’s Nine Elms regeneration district. They will build the 1m sq ft mixed-use scheme, designed by architect Rolfe Judd, comprising a 80,000 sq ft Sainsbury’s supermarket and around 700 apartments in three towers of 120m, 90m and 62m in height.
The Chinese property giant Dalian Wanda confirmed plans to build a £700m luxury hotel and residential twin tower development of London’s South Bank. The buildings will provide up to 491 homes, offices and a public square with shops, restaurants and cafes. A five-star hotel with 160 rooms will be made as well as a skybridge connecting the two main buildings. The involvement from this Chinese luxury brand is “another sign of the soaring global confidence in London as world-beating place to live, work and do business” according to mayor Boris Johnson.
Construction aimed for 2016/2017