Battersea Power Station opens next month

The iconic building will see a variety of retail, leisure, entertainment and residential offerings housed in 2 Turbine Halls

by FAYYADH JAAFAR / Pic by Bloomberg

The Battersea Group, a joint venture between Malaysia’s Sime Darby Property Bhd, SP Setia Bhd, and the Employees’ Provident Fund (EPF), would open the doors of Battersea Power Station to the public on Oct 14, 2022.

The joint venture was formed in 2012 by the three parties to take ownership of the Grade II listed building, which had been decommissioned since 1983, following the closure of its generating plant. Since then, the building has been undergoing a multi-million-pound restoration programme, which has seen the iconic structure returned to its former glory.

In 2019, Permodalan Nasional Bhd and EPF became the long-term commercial asset holders, securing the future of the landmark for many generations.

The redevelopment of the iconic building will see a variety of retail, leisure, entertainment and residential offerings housed in two Turbine Halls, which were originally built in the 1930s but have remained unused since their construction.

The first wave of retailers that will open next month include Hugo Boss, Lacoste, Ralph Lauren, Aesop, Space NK, Ace + Tate, lululemon, Mulberry, Jo Malone London, Uniqlo, Mango and a new neighbourhood bookstore, Battersea Bookshop, from specialist bookseller Stanfords.

Further brands will be announced in the lead up to the grand opening.

According to Battersea Power Station Development Co CEO Simon Murphy, over 2,500 new jobs will be created once the building opens, and another 17,000 jobs once the whole 17ha project has been completed.

“It has taken a lot of hard work, determination and the continued commitment of the Malaysian shareholders over the past ten years to bring Battersea Power Station back to its former glory.

“Announcing that we will be opening the building to the public for the first time in history in just over a month’s time is a monumental moment for the project,” Murphy said.

Battersea Power Station will also boast a new high street for the local community — Electric Boulevard and it offers a mix of bars and restaurants, office space, shops, a park, a community hub and a new 164-room hotel from art’otel, the brand’s first hotel to open in the UK.

Some of the retailers opening on Electric Boulevard include high street favourite, ZARA, a new-concept M&S Foodhall, and a 28,000 sq ft club from London fitness brand, Third Space, which will be opening in 2023.

It is also within 15 minutes’ walk from the West End and the city centre, making it an ideal location for tourists and locals alike.