The proposal, a joint venture between St William and National Grid, would include 201 affordable homes. The four gasholders were decommissioned in 2013 and demolition is already well underway.
The mixed use scheme would provide just over 50,000 sq ft of new education or office floorspace. It is hoped 370 construction jobs would be created during the building programme and more permanent jobs once it’s complete.
The disused gasworks occupies a key position between Battersea Park and the new town centre now being built at Battersea Power Station. The proposal would, with the agreement of Network Rail, create new routes through the site and on through two Victorian railway viaducts which wrap around it. These new links would form key connections in the new area-wide pedestrian and cycle network.
The plans include 12 new buildings ranging in height from seven up to 26 storeys, designed by Squire and Partners.
The developer is set to make a £30million contribution to the cost of extending the Northern Line to this part of Battersea.
Planning committee chair Sarah McDermott said: “This project will transform another disused industrial site into the new housing our residents need. It will also create valuable public open space and hundreds of jobs.”
The scheme will also see improvements made to the railway bridge over Prince of Wales Drive and new tree planting.