Parkview International, owner of Battersea Power Station, has been given the green light for its ambitious plans for the London landmark.
Six detailed planning applications and one revised detailed planning application were approved at a meeting of the planning committee at Wandsworth Council last night.
These consents, which represent a total area of 4.5m sq ft (418,060 sq m), enable Parkview to begin the construction phase of the project and resume the leasing programme, which was suspended temporarily following the departure of key Parkview executives, Mike Roberts and Mike Swinney, earlier this year.
Victor Hwang, president of Parkview, said: ‘Today is an important day for the Battersea Power Station project. We have appreciated the unwavering support of Wandsworth Council who have seen us through in excess of 50 submissions since 1996. It has taken us 13 years and an investment of £200m to arrive where we are today.
‘As a foreign investor, it has been somewhat of a revelation to realise that it is not uncommon in Europe for projects of this scale and complexity to take this long to navigate through the planning process.’
Meanwhile, Parkview are still hunting for a development partner to help fund and co-ordinate the huge scheme, one of London’s largest ongoing urban regeneration projects.
Designs include development of 750 flats and apartments, two hotels, more than 753,480 sq ft (70,000 sq m) of office space, and a 2000-seat auditorium.