Squire and Partners has won approval for this £367million housing scheme on the site of a former gasworks next to Battersea Power Station
The 839 home project in Prince of Wales Drive is backed by St William, a £700million joint venture between developer Berkeley and landowner National Grid.
Previous plans for the 2 hectare site close to Giles Gilbert Scott’s grade II*-listed landmark were drawn up by Make almost six years ago.
In October 2009, the pale-blue 1930s gasholder on plot was granted immunity from listing despite a government report which noted it’s ‘prominence as a local landmark’.
Squire and Partners’ scheme will include 5,000m² of new educational floor space, 201 affordable homes, a nursery, food retail unit, café and public realm improvements.
The housebuilder will take possession of the site in spring 2016, with construction scheduled to start on site soon after.
First occupations are scheduled for 2019.
Commenting on the deal, St William managing director Alison Dowsett said: ‘This will open a former industrial site up for the first time in over 150 years and create a fantastic new place for the borough.’
Also this week, Berkeley Group developer St James won planning permission for a £615m mixed-use scheme at White City.
The £615million project will deliver up to 1,465 new homes, along with commercial, office, community and leisure space.
The 4 ha brownfield site, currently occupied by a Marks & Spencer warehouse, will also include a 1.6 ha public park on completion.
Of the 1,465 homes to be delivered on the scheme, 30 per cent will be affordable.
A new bridge and pedestrian deck across the Central line will be constructed, providing access to Westfield London to the south of the development.
The site is due to be vacated in July 2016 and construction is planned to start ‘at the earliest opportunity’, according to the developer.
The scheme will be delivered in a number of phases over a 15-year period.
In its latest set of results, the Berkeley Group reported an 80 per cent increase in pre-tax profit in the six months to 31 October 2014.