In one of the largest single office deals outside of the City and Docklands in the past 20 years, Apple has announced that it is leasing some 500,000 sq ft at Battersea Power Station to initially house some 1,400 staff from eight sites around the capital. The office is scheduled to open in 2021 and will enable the entire team to work together in one of London`s best-known landmark buildings.
Apple will be the largest single tenant in the 42 acre complex of homes, offices, shops and leisure facilities. Its new campus will represent about 40% of all of the office space at the power station site. Apple will occupy the top six floors inside the former boiler house around a huge central atrium. The company will be the largest employer in Wandsworth and the decision to relocate there will be a huge boost for the local economy.
The Grade II listed former power station on the banks of the River Thames has previously been vacant for 33 years but is now being regenerated into a new landmark multi-use complex.
A new Zone 1 Northern Line tube station is being built to serve Battersea Power Station and is scheduled for completion in 2020.
The current owners of Battersea Power Station are a consortium of Malaysian shareholders, Sime Darby, SP Setia and the Employees Provident Fund and they have been committed to the project since they bought it in 2012.
Hundreds of residents expect to move into the first completed apartment block – known as Circus West – in early December with shops and restaurants there scheduled to open next Spring.