The long-awaited redevelopment of the Battersea Power Station will create a prolific 26,000 jobs in the UK. The Riverside revamp project, which is expected to start before the end of the year, will go a long way in helping Britain boost employment and crawl its way out of recession.
On announcing the positive news that the anticipated redevelopment of the Battersea Power Station will create so many jobs, Rob Tincknell, CEO of the Battersea Power Station Development Company, told reporters:
“As the UK fights its way out of recession, major projects such as Battersea Power Station will be key to drive inward investment and job creation. Our development will, at its completion, be worth around £8 billion to the economy, and create up to 26,000 jobs.”
Naturally, all the jobs won’t be available at once and will be dispersed throughout the estimated 12 years that it will take for the derelict land in Battersea to be transformed into a vibrant, modern riverside development.
Asides creating thousands of jobs, the Battersea Power Station redevelopment, which has been mulled over and been left as a blueprint for more than 30 years, will create a further 3,500 homes and provide approximately 160,00 square feet of office space.
As if that wasn’t enough, the eagerly-anticipated development will include two new Northern Line underground stations and a new riverside park. Reiterating the excitement for the soon to be started project, Ravi Govindia, leader of Wandsworth Council, said:
“The district-wide regeneration programme will be one of the greatest sources of new jobs and homes in the country over the next few years.”