Nine Elms on the South Bank is a vast space of 195 hectares between Battersea Park and Lambeth Bridge. It is the largest regeneration area in central London covering east Battersea, Vauxhall and the Albert Embankment.
Transformation of the area is already happening.
It includes two internationally recognized London icons: Battersea Power Station and New Covent Garden Market. The new US Embassy will open here in 2017 providing a third major landmark. The historic and increasingly vibrant Vauxhall Cross sits at the heart of the district where an emerging cluster of tall buildings will make an exciting addition to the central London skyline.
A multi-billion pound redevelopment program is now transforming this largely industrial area into a distinctive and internationally significant quarter of central London. It will be an ultra-modern, exciting destination supporting 16,000 new homes, 25,000 new jobs, commercial activity, education, green spaces, culture and the arts. Two new Tube stations will link the entire district to the London Underground network. It is the greatest regeneration and investment opportunity in London.
Transformation of the area is already happening. With the completion of Vauxhall Tower and the first phase of the Riverlight development, we will have c. 1,000 new residents by 2014 in nearly 400 new homes.
The Employment and Skills Charter has been approved and launched and local people are benefiting from the first of 237 apprenticeships and 1,400 training opportunities agreed with landowners.
Some 14,000 new homes and 400,000 m² of commercial space have planning approval or are in the planning pipeline. In the next two-three years there will be a major increase in construction activity across a number of schemes including, but not only, the US Embassy, Embassy Gardens, New Covent Garden Market, One Nine Elms, Eastbury House and Hampton House. This is a very substantial development pipeline and will make an enormous contribution to the creation of the Nine Elms district.
Helen Fisher, Nine Elms program director, explains: "This fast developing stretch of the Thames riverside includes a cluster of tall buildings at Vauxhall, centered around western Europe's tallest residential tower, One Nine Elms. This lively riverside district will also be home to two new town centers the first at Vauxhall, which will be served by an enhanced transport interchange. Meanwhile, the iconic Battersea Power Station will be the setting for the second new hub in addition to 3,400 new homes. Creating 16,000 new homes across the area, the district will include developer St. James' new building Riverlight, a mixed use development with 806 new homes.
"The Nine Elms on the South Bank district will create 25,000 jobs as well as two new London Underground stations, river services, a brand new park and a bridge across the Thames. This 195 hectare riverside area will extend the life and vitality of London's thriving South Bank, opening up a new area of London."