Located on the bank of the river Thames, Battersea Power Station opposite Chelsea, it is the last riverside site to be developed on such a scale and is globally recognised as one of London’s most famous landmarks.
‘We are thrilled to be associated with such a high profile and exciting iconic development and anticipate the development to be received with enormous success,’ said Peter Murray, residential and development director at Jones Lang LaSalle.
Following its successful launch in London, the first phase of the development, called Circus West, is being launched in Singapore and Hong Kong later this month. The regeneration scheme comprises a mix of 800 one, two and three bedroom apartments, townhouses and penthouses as well as a blend of offices, shops, leisure and hospitality designed by Ian Simpson Architects and de Ryke Marsh Morgan (dRMM).
Prices start from £338,000 for a studio, from £423,000 for a one bedroom, from £613,000 for a two bedroom property and £894,000 for a three bedroom apartment with first occupancy expected to be in 2016.
Situated on the western side of the Power Station, Circus West will be a thriving new community where people come to live, work, socialise and spend their leisure time. All residents will have access to an elevated residents garden, with apartments having an enclosed Winter Garden that will provide useable outside space all year around, whilst the penthouses will have private rooftop terraces.
‘Jones Lang LaSalle has been appointed in Hong Kong and Singapore to handle international sales. We are going to the best people for the best markets and are confident that Jones Lang LaSalle will do a tremendous job for us,’ said Rob Tincknell, chief executive officer of Battersea Power Station Development.
Preparatory work on the first phase, which consists of eight core buildings to the West of the 39 acre site, has already begun with construction expected to commence in the second half of 2013.
This will coincide with the start of the renovation of the Grade II listed Power Station, the largest brick building in Europe and one of the most significant surviving examples of Art Deco architecture. It will form the central focus of the plan.
The site will also provide large areas of public open space including a new six acre riverside park that will provide direct access to Battersea Park and Chelsea via a new riverside pathway adjoining the existing River Thames Walk.