September 28, 2016
Apple agrees to lease half million sq. ft. office at Battersea Power Station 0
Apple has confirmed the rumours that began in the Spring of this year by announcing that it is to relocate its UK headquarters from its current base in the West End along with several other sites to the redeveloped Battersea Power Station. The site’s developers say that Apple will become the largest office tenant at the £9 billion Battersea Power Station mixed use development occupying approximately 500,000 sq. ft. across 6 floors of the central Boiler House inside the iconic building. Apple is expected to move into the Power Station in 2021 at which time the office will account for circa 40 percent of the total office space in the whole development. 1400 Apple employees from existing offices around London will relocate to one of London’s best known landmarks. Apple has added, that this is a great opportunity to have its entire team working and collaborating in one location while supporting the renovation of a neighbourhood rich with history.
Rob Tincknell, CEO of Battersea Power Station Development Company said: “We are delighted that Apple has chosen to make Battersea Power Station its home in 2021. It is testament to our fantastic building and the wider regeneration of the 42-acre site which offers a carefully curated mix of homes, businesses and leisure amidst extraordinary open spaces and new transport links. It has always been our clear objective to create one of London’s most thriving new communities and this commitment from Apple will undoubtedly help us achieve our goal.”
Sadiq Khan, Mayor of London said : “I am delighted that Apple is moving into Battersea Power Station?, helping to generate new jobs and economic prosperity for Londoners. It is a further sign that London is open to the biggest brands in the world and the leading city for trade and investment.”
Key data:
- It is understood that the transaction represents the largest office letting in London’s wider West End in the last twenty years.
- The Battersea Power Station development is being regenerated to accommodate what is the largest mixed-use project in Central London, where people from all over the world will live, work and play.
- The award-winning project, which is now under construction, has planning consent for over 8.5m sqft. of space which is split approximately 50:50 between commercial uses and residential.
- The commercial element is populated by shops, restaurants, hotels, arts and event spaces and will also include the largest new office district in Central London.
- At the heart of the development is the historic Sir Giles Gilbert Scott designed Battersea Power Station, a Grade 2 listed former coal-fired power station which is being meticulously restored in consultation with Historic England and will include the Apple office accommodation.
- The vast structure – the largest brick building in Europe – will include 2m sqft. of new space designed by architects WilkinsonEyre and also includes 253 new homes.
- To the north of the Power Station will be a six-acre public riverside park, and to the south will be a piazza style town square designed by BIG – Bjarke Ingels Group – known as Malaysia Square, which links to the Electric Boulevard and the new London Underground station located at the development.