The Nine Elms Vauxhall Partnership has hosted two open days for local residents and interested Londoners to find out what the regeneration of Nine Elms, Vauxhall and Battersea will mean to them. Taking place at the ROSE Community Centre in Battersea, on 14 and 15 July, local people spoke to those involved and viewed the detailed plans.
Exhibition highlights included the latest scale model of the regeneration plans, information on jobs and training opportunities and updates on construction of the Northern line extension to Nine Elms and Battersea Power Station. There were also opportunities to find out more about plans for new public space including the linear park and improvements to the Thames River Path. Spokespeople on the development of social infrastructure including plans for new affordable homes, schools and health centres were on hand to answer any questions that visitors had.
The multi-billion pound private investment programme is transforming Nine Elms from a semi-derelict, light industrial zone into an ultra-modern residential and business distinct with several internationally renowned architects creating landmark buildings in the area. Estate agent Knight Frank predicts property values will increase by 140% between 2011 and 2016 – the highest forecast growth in the UK.
Over 600,000 sq m of new business space within the Central London Activity Zone will be created – a high density employment area and one of the most productive commercial territories in the world. It will support up to 25,000 new jobs and deliver billions in new economic growth and new foreign direct investment.
A £1billion transport improvement package will make Nine Elms on the South Bank as well connected as the rest of Central London. Two new Northern line stations will create fast, direct links to the West End, City and North London. There will also be new riverbus piers, new bus services and a new network of cycle lanes and footpaths. The Vauxhall Gyratory will be remodelled to create a more pedestrian friendly environment and a new bridge across the Thames will link the area to Pimlico on the opposite bank.
The area will benefit from three iconic attractions. Battersea Power Station will be regenerated in a seven phase development, the huge 42 acre site has been derelict for years following the Power Station’s decommissioning in 1983. Several high profile architects are creating landmark buildings on the site including Fosters + Partners and Frank Gehry.
In addition Kieran Timberlake’s new £650m US Embassy project is underway and a New Covent Garden Market which will become the largest fresh produce market in the country. It will also include almost 3km of Thames river frontage, lined with cafes, bars, restaurants, cultural attractions and public space. A new linear park will run right through the area from east to west making it one of the greenest districts on London's South Bank.