Key facts
- Battersea Power Station has entered the final phase of its £5 billion regeneration project.
- The remaining 16 acres of the 42-acre site will be developed.
- The revised masterplan includes housing, offices, shops, leisure, and cultural space.
- New sightlines will open views towards the Grade II* listed power station.
- Plans include a new cultural venue dubbed the “Third Generator”.
- Construction for 200 council homes in Phase 5A is targeted to start in 2027.
Battersea Power Station has entered the final phase of its £5 billion regeneration project, with plans now in place for the remaining 16 acres of the 42-acre site. The redevelopment aims to transform the former industrial brownfield site into a vibrant new neighborhood.
Studio Egret West has revised Rafael Viñoly’s original masterplan to incorporate changes in how people interact with cities, focusing on community and connection. The new proposals will break future phases into smaller buildings connected by new streets, lanes, courtyards, and passages, aiming to deliver a mix of housing, offices, shops, leisure, and cultural space. This will nearly double the amount of development completed so far, potentially unlocking up to 3.2 million square feet of new build space.
Approximately half of the neighborhood has been delivered across the first four phases, including over 2,200 homes, 800,000 square feet of offices, and more than 170 retail and leisure brands. The Grade II* listed Power Station itself reopened in October 2022 after an eight-year restoration.
Detailed consent has been secured for Phase 5A, which plans to deliver 200 council homes in partnership with Wandsworth Council, with construction targeted to begin in 2027. Work has also commenced on Prospect Place South, featuring two Gehry Partners-designed blocks with around 300 homes and commercial space. Preparatory works are underway for the next phase to complete the Electric Boulevard high street.
The site is owned by a consortium of Malaysian investors and developers, including PNB, Sime Darby Property, S P Setia, and the Employees’ Provident Fund, with development management handled by Battersea Power Station Development Company.