"[Battersea] Power station plans put on back burner"
 

The epic saga of what's happening at Battersea power station would
appear to rumble on.

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Power Station plans put on back burner by Katharine Hibbert,
thelondonpaper - Monday 9 October 2006.
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Billion pound plans to transform one of London's landmarks, Battersea
Power Station, into a huge leisure complex are to be put on hold in
favour of a housing scheme.

For 13 years a secretive Hong Kong developer has promised to transform
the redundant factory, whose chimneys are an iconic part of London's
skyline, with a £1.5 billion investment to draw 10,000 visitors a day.

Now, six years after the complex was due to open, the power station's
owner Victor Hwang has applied for permission to build apartments and
offices on a neighbouring site rather than reopen the power station
first as a leisure complex.

A spokesman for the company insisted it would still create "a leisure
and entertainment complex" in the power station. He denied the
building would be left "as a big empty hulk". Parkview's
application to change its plans will be decided next month by
Wandsworth council.
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from http://www.thelondonpaper.com/cs/Satellite/london/news
{note - URL is as given above and would appear to be dynamic, not
static}
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The apartments will however be more valuable if the power station
development goes ahead - unless buyers simply purchase with blind faith
that something will happen next door. Perhaps the sire will get sold to
someone else.