Battersea: £4 billion overhaul
The defunct power plant that gave us one of the most famous album covers of all time (Pink Floyd, “Animals”) is back. Battersea Power Station is going to get an overhaul to the tune of £4 million.
With the price of fossil fuels so high, the need for more eco-friendly fuel alternatives is high. Unfortunately, we’ll have to wait until 2020 for this one.
The new owners of Battersea Power Station today unveiled plans to build a 300 metre “eco-dome” next to the London landmark as part of a planned conversion of the entire site that will cost £4 billion and take 12 years to build.
Real Estate Opportunities (REO), the AIM-quoted owner of Battersea Power Station, is proposing that the complex will include new homes, hotel and offices.
Sounds good to me. Anyone who has taken the tube past the empty power station knows that it was once a huge eyesore. It will be a joy to see the new Battersea.