Battersea Power Station in London. Photo: Jason Hawkes
Battersea Power Station in London. Photo: Jason Hawkes
Battersea Power Station in London. Photo: Jason Hawkes
Battersea Power Station in London. Photo: Jason Hawkes

Battersea Power Station finally opens its famed turbine halls for new London generation


Damien McElroy
  • English
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As the centrepiece of Europe's largest urban regeneration, Battersea Power Station has come a long way from a symbol of post-industrial blight to a luxurious enclave promising spectacular lifestyle choices on the banks of the Thames.

Look east from the balconies of the penthouse apartments set snugly between the four towering white chimneys of the former electricity plant and a river snakes past the Houses of Parliament, the London Eye plus many skyscrapers, including the arrow-like Shard.

Work on the all-brick power station has been completed this summer and an army of outfitters has moved into the two central halls, where dozens of shops and retail outlets are set to open before the end of the year.

Plonked on top is the 18-duplex, £7m ($8.6m) Sky Villas, where the rooftops offer an unrivalled outdoor entertaining space.

Work on the all-brick power station has been completed this summer. Photo: Hufton & Crow
Work on the all-brick power station has been completed this summer. Photo: Hufton & Crow

The heritage of the building has been preserved in the works. A glance upwards reveals the former station operating room, while a look sideways shows the preserved tiling of an Art Deco-era original fit-out.

When The National visited the 17-hectare former industrial brownfield site, the first main street retailer — one of the more than 100 shops — had just erected its shopfront sign above the door.

To crane your neck backwards at the lifts to the Sky Villas is to look up to the sky through a distinctive white chimney.

The Grade II-listed monumental features were rebuilt section by section (using wheelbarrows) from scratch. When a viewing platform opens, one of the chimney lifts will carry visitors to a height 109 metres above sea level.

Two other chimneys fulfil their historic function carrying off steam from the power generation units beneath the building.

The development was only removed from Historic England’s Heritage at-risk register before its full opening to the public after the owners, a consortium of Malaysian investors, agreed to put the funding for restoration in a special bank account overseen by the local planners.

On top of the power station is the 18-duplex "Sky Villas", where the rooftops offer an unrivalled outdoor entertaining space. Photo: John Sturrock
On top of the power station is the 18-duplex "Sky Villas", where the rooftops offer an unrivalled outdoor entertaining space. Photo: John Sturrock

The latest phase to open to residents boasts the unique for London experience of living in a space designed by the Los Angeles based Frank Gehry, the architect behind the Guggenheim Abu Dhabi museum set to open in 2025.

Prospect Place is a cluster of towers that is bounded by the shops and offices of Electric Boulevard, which leads to the area's own underground station. It recently marked two million passengers since opening.

As with all Gehry properties, no two rooms are the same and the building quality is particular to each apartment.

The corridors to the apartments are laid with distinctive dappled red carpet that is the signature of other properties from the LA studio.

Private roof gardens give the residents a vantage point on a power chimney that will surely feature in many Instagram posts.

The Gehry towers stand next to a Foster and Partners roof gardens building, which sits on the other side of the boulevard.

There are suggestions that the two great architects played off each other in designing cheek by jowl properties for the first time.

There are more than 2,000 residents scattered across the development, while in recent weeks the number of building workers has dropped from 4,000 to just 800 outfitters.

How Battersea kept London lit during the Blitz

One of the most heavily defended sites in London during the Second World War, Battersea Power Station kept the lights of the city on during the Blitz.

Barges carried the coal that fired its turbines to be offloaded on what is now a boardwalk on the river.

The Art Deco features of Control Room A have survived and is now a hospitality space for hire. Apple is anchor tenant in the power station.

First approved by planners at the local council in 2010, the £9bn project broke ground in 2013 when work commenced on the first phase of the eight-phase project to build a new mixed-use neighbourhood and business quarter south of the river on derelict land.

It was an enterprise with a track record of failure until that point. One owner had wanted to build an adventure playground and had ripped off the roof before running out of money.

The property somehow kept its hold on the public imagination in London, not least because of the artwork associated with Pink Floyd's Animals album.

The psychedelic rock band who sang about London's decline and social decay floated a giant pink pig between its chimneys in November 1976.

A 12-metre long inflatable pig suspended between two of the chimneys at Battersea Power Station, during a photoshoot for the cover of Pink Floyd's album 'Animals', in November 1976. Getty
A 12-metre long inflatable pig suspended between two of the chimneys at Battersea Power Station, during a photoshoot for the cover of Pink Floyd's album 'Animals', in November 1976. Getty

The completed project will have 25,000 people living and working on the site, making it one of London’s largest office, retail, leisure and cultural quarters with 250 shops and cafes, restaurants, a theatre, hotel and cinemas, as well as 7.68 hectares of public space, including a park.

For the developers, this feeling of a new neighbourhood is the one that is now drawing most attention.

"The apartments are one thing but the mixed use elements of this 15-minute neighbourhood is what really appeals," said Matthew Sansom, director of residential sales.

"Having the Tube, having the retail, having the food and beverage as the power station comes into its own.

"It's a completely new area but we've got the building that anchors the site, Battersea Park on our doorstep, which has always been popular with residents of Chelsea, and Apple being based here, and a further 200,000 square feet of office space coming onstream."

Any visitor to the area remains compelled by the old power station building, which was derelict and open to the elements when the current owners took over the project in 2013.

The original supplier oversaw the creation of a special new "Battersea Blend" brick to replace some of the original six million used in the main building.

Now rebuilt using 1.75 million new bricks, the turbine halls that once powered south and west London have been revived in minimalist style.

Inside there are natural light wells and a feature called the bandstand, which hangs from the ceiling and was formerly a moving crane that carried coal across the cavernous interior.

"It's a space where we can put musicians, we can put a car in there, we can advertise anything and it goes up and down the space," says one of the marketing team. "It's a very cool addition."

The frequency of trains at the Battersea Power Station Tube station on the Northern Line has been raised to 12 an hour during the day and Tottenham Court Road, where the new Elizabeth Line connects, is just 23 minutes away.

"It’s a massive unlocking of the neighbourhood," said Mr Sansom. "Autumn will be a very big moment."

Battersea Power Station through the years - in pictures

  • Construction workers take a lunch break with the 300ft high chimney of Battersea Power station, which was nearing completion, in the background in July 1932. Getty Images
    Construction workers take a lunch break with the 300ft high chimney of Battersea Power station, which was nearing completion, in the background in July 1932. Getty Images
  • Men at work at the newly built Battersea Power Station in September 1932. Getty Images
    Men at work at the newly built Battersea Power Station in September 1932. Getty Images
  • A view south across the Thames to Battersea Power Station in 1933. The present building was built as two connected power stations. the second added in the 1950s. Getty Images
    A view south across the Thames to Battersea Power Station in 1933. The present building was built as two connected power stations. the second added in the 1950s. Getty Images
  • A woman looks across the Thames towards Battersea Power Station in 1945. Alamy
    A woman looks across the Thames towards Battersea Power Station in 1945. Alamy
  • British athlete Heather Armitage running in Battersea Park, with the chimneys of the famous power station behind her in 1952. Getty Images
    British athlete Heather Armitage running in Battersea Park, with the chimneys of the famous power station behind her in 1952. Getty Images
  • A view of Battersea Power Station in 1934, before the other two towers were added in 1953, forming the familiar four-chimneyed silhouette. Getty Images
    A view of Battersea Power Station in 1934, before the other two towers were added in 1953, forming the familiar four-chimneyed silhouette. Getty Images
  • An aerial view of Battersea Power Station in 1955. Getty Images
    An aerial view of Battersea Power Station in 1955. Getty Images
  • An aerial view of Battersea Power Station in 1965. Getty Images
    An aerial view of Battersea Power Station in 1965. Getty Images
  • Workers painting a chimney at Battersea Power Station in 1971. Getty Images
    Workers painting a chimney at Battersea Power Station in 1971. Getty Images
  • A 40-foot long inflatable pig suspended between two of the chimneys at Battersea Power Station in 1976, during a photoshoot for the cover of Pink Floyd's album 'Animals'. Getty Images
    A 40-foot long inflatable pig suspended between two of the chimneys at Battersea Power Station in 1976, during a photoshoot for the cover of Pink Floyd's album 'Animals'. Getty Images
  • The Gothic-style towers of Battersea Power Station in 1981. Getty Images
    The Gothic-style towers of Battersea Power Station in 1981. Getty Images
  • A crane fitted with a huge magnet clears metallic debris from the 'A' turbine hall of Battersea Power Station in 1981, while the building was gradually being closed down and gutted. Getty Images
    A crane fitted with a huge magnet clears metallic debris from the 'A' turbine hall of Battersea Power Station in 1981, while the building was gradually being closed down and gutted. Getty Images
  • A bungee jumper plummets towards the ground in 1997. Getty Images
    A bungee jumper plummets towards the ground in 1997. Getty Images
  • Battersea Power Station stands behind boards painted with a landscape in 2005. Getty Images
    Battersea Power Station stands behind boards painted with a landscape in 2005. Getty Images
  • The derelict interior turbine hall at Battersea Power Station in 2006. Getty Images
    The derelict interior turbine hall at Battersea Power Station in 2006. Getty Images
  • Turbine Hall A in 2007. Photo: FTI Consulting
    Turbine Hall A in 2007. Photo: FTI Consulting
  • Members of the public take photographs of the interior in 2008. Getty Images
    Members of the public take photographs of the interior in 2008. Getty Images
  • An aerial view of Battersea Power Station in 2008. Photo: FTI Consulting
    An aerial view of Battersea Power Station in 2008. Photo: FTI Consulting
  • Construction work on the redevelopment takes place in 2014. Getty Images
    Construction work on the redevelopment takes place in 2014. Getty Images
  • An architectural model shows 'phase three' of the development of Battersea Power Station in 2014. Getty Images
    An architectural model shows 'phase three' of the development of Battersea Power Station in 2014. Getty Images
  • Christmas lights on display in 2017. Getty Images
    Christmas lights on display in 2017. Getty Images
  • Light projections as Battersea Power Station celebrates handing over the keys to the Grade II listed building's first residents in 2021. Getty Images
    Light projections as Battersea Power Station celebrates handing over the keys to the Grade II listed building's first residents in 2021. Getty Images
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Avatar: Fire and Ash

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Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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His favourite book - 1984 by George Orwell

His favourite quote - 'If you think education is expensive, try ignorance' by Derek Bok, Former President of Harvard

Favourite place to travel to - Peloponnese, Southern Greece

Favourite movie - The Last Emperor

Favourite personality from history - Alexander the Great

Role Model - My father, Yiannis Davos

 

 

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Name: Brendalle Belaza

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Arrived in the UAE: 2007

Favourite place in Abu Dhabi: NYUAD campus

Favourite photography style: Street photography

Favourite book: Harry Potter

Dubai works towards better air quality by 2021

Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.

The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.

These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.

“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.

“We’re in a good position except for the cases that are out of our hands, such as sandstorms.

“Sandstorms are our main concern because the UAE is just a receiver.

“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”

Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.

There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.

“There are 25 stations in total,” Mr Al Daraji said.

“We added new technology and equipment used for the first time for the detection of heavy metals.

“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”

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No person who has received refuge in Poland will be sent back to a country torn by war.

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Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Updated: August 16, 2022, 8:36 AM