06 September 2012 10:41
The redevelopment plans for the iconic Battersea Power Station in London, including new homes, office space, shops and a park, have been revealed by its new owners.
The 1930s power station and its instantly recognisable concrete chimneys are to be regenerated to form the centre of an £8 billion redevelopment of the 39-acre site on the south bank of the River Thames.
Preparatory work will begin later this year, with ground broken in the second half of next year, the Malaysian consortium behind the plans said.
The group bought the site for £400 million earlier this year, scuppering the plans of Chelsea Football Club, which considered the site for a new stadium away from its Stamford Bridge ground.
The consortium has planning consent to build the homes and office space. It also plans to build a tube station on the premises that will connect to the Northern Line.
The power station, featured in English Heritage's Heritage At Risk register, has been vacant since being decommissioned in 1983, since when it has been the victim of a series of failed regeneration projects.
After it was shut down, Alton Towers' creator John Broome planned to create a theme park at the site.
The roof and west wall were demolished, but the park, scheduled to open in 1990, never materialised.
When Parkview International took possession of the station, plans for a retail super-site also failed.