The plans, involving building 3,400 homes as well as commercial space providing 15,000 jobs on the site, from Treasury Holdings, can now become reality, with Treasury saying they hope to be on site in 2012. The site is, of course just inside LB Wandsworth, over the river from Chelsea Embankment. It hopes to have a new underground station on a spur frm the Northern Line, which might be funded by a TIF. Otherwise the site’s connection to the rest of London will be by bus, or from the local overground rail stations in to Victoria or Clapham Junction.
The plans are the latest in a series for the derelict, listed power station since it stopped generating electricity in the 1980s. Starting with the 1983 competition winning plans for an indoor theme park, from Alton Towers, all have ground to a halt for economic reasons.