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The epic saga of what's happening at Battersea power station would
appear to rumble on. ---------- Power Station plans put on back burner by Katharine Hibbert, thelondonpaper - Monday 9 October 2006. ---------- 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. ---------- from http://www.thelondonpaper.com/cs/Satellite/london/news {note - URL is as given above and would appear to be dynamic, not static} ---------- 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. |
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