Battersea Power Station Retail Space 85% Leased, Other Brands Announced to Open in 3Q22

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KUALA LUMPUR (Aug 19): Battersea Power Station Development Co Ltd has announced that more retail and leisure brands will open at the iconic Grade II* listed power station building and on Electric Boulevard – a newly created pedestrianized street that will run from the south of the power station between Prospect Place and Battersea Roof Gardens to the Northern Line underground station.

The power station, which includes two recently restored retail turbine halls and part of the redevelopment of Battersea Power Station, is expected to open in the third quarter of 2022 (3Q22), with retailers on Electric Boulevard, according to a statement. release dated August 16.

Electric Boulevard will house a mix of office space, shops, bars and restaurants, a park, a community center and a new 164-room art’otel, the brand’s first hotel to open in London.

Following the latest commercial signings, 85% of the retail and leisure space inside the powerhouse is now bartered or under offer, with the first stores expected to start trading as soon as it opens its doors.

Battersea Power Station Development Co’s Head of Leasing, Sam Cotton, said in a press release: “Consumer experience has never been more important when it comes to creating a new retail destination at the retail and we are extremely excited to be working with some of the world’s leading retailers, hospitality and dining concepts, as well as emerging independent brands, to bring something new and vibrant to London.”

He added: “Our goal has always been to create a tourist destination with something for everyone and the brand mix announced so far demonstrates that we have successfully achieved this.”

Simon Murphy, Chairman and CEO of Battersea Power Station Development Co, said: “The countdown to the power station opening its doors to the public for the first time in history is well and truly on. From this autumn, local residents, Londoners and visitors from further afield will be able to see for themselves how the Grade II* listed landmark has been transformed into a retail and leisure destination like no other.

“From the beginning, our shareholders have been committed to giving back to the local community. The opening of the power station will not only give members of the public the opportunity to visit and enjoy one of Grande It will also create over 2,500 new jobs and help boost both the local economy and the wider London economy.”

Among the range of new brands announced is Battersea Bookshop, a new independent neighborhood bookshop from specialist bookseller Stanfords. The unique concept will include a curated collection of art, architecture and design books in a modern store with a minimalist design to honor the history and architecture of its home within the powerhouse.

London fitness brand, Third Space, will open a 28,000 square foot club in 2023, providing space for training, recovery, relaxation and nutrition on Electric Boulevard.

JKS Restaurants will open a 24,000 square foot Arcade food hall in the boiler room at the heart of the power plant in 2023. The food hall will feature a number of new JKS brands as well as three stand-alone restaurants, including award-winning Taiwanese restaurants. BAO restaurant, and a Thai restaurant that has yet to be announced.

Also joining the list of retailers are brands like Ace + Tate, IWC, Watches of Switzerland (which carries brands like Rolex, Omega, Breitling, Tag Heuer and Tudor), David Clulow, ROX (the first store to open in London ), Castore, Sweaty Betty, lululemon, Battersea Bookshop, Clarendon Fine Art, Venchi M&S Food Hall, Oseyo, Hackett, Theory, Mulberry, Levi’s, Pinkom, Petit Pli, Abercrombie & Fitch®, Superdry, Third Space and Rituals.

Meanwhile, Circus West Village, the first phase of the Battersea Power Station development, is home to over 1,800 residents and over 20 bars, restaurants, cafes, fitness and leisure offerings. According to the release, the waterfront district typically hosts more than three million people each year through its annual events.

With the Northern Line extended to give this new waterfront area its own Zone 1 London Underground station, Battersea Power Station is now 15 minutes from the West End and the city and is expected to create over 17,000 jobs once the project is complete. fully completed. Battersea Power Station is also easily accessible by river bus service, bicycle, train and on foot.

Sime Darby Property Bhd, SP Setia Bhd, Permodalan Nasional Bhd and the Employees Provident Fund are guardians of the Battersea Power Station development.

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