Low Cost Housing excluded from new Battersea Power Station Redevlopment

Celebrated local muralist Brian Barnes MBE is appalled that the latest plans for redeveloping Battersea Power Station may go ahead without any provision for low-cost affordable housing for local residents and key workers.

Treasury Holdings UK (THUK) are maintaining that their proposed development would be in deficit to the tune of £313.50 million even before construction began and before there could be any contribution to Section 106 obligations.

Section 106 agreements are binding on developers undertaking a major building project to compensate for the adverse impact that this might have on the area by providing additional benefits in either cash or kind. These might be in the form of affordable housing, educational facilities or new open green spaces, for example.

Barnes suggests that the reason for the deficit lies in the drastic drop in land valuation since the original deal was made and also because the developer’s Internal Rate of Return (IRR), ie profitability margin, has been set at 25%, compared with other developers’ IRR margins of 20%.

Barnes, who is a campaigning member of the Battersea Power Station Community Group, asks: “Why are THUK doing it at all, if it is not financially viable? Theirs is surely an argument to subvert GLA housing policy that requires up to 50% of affordable housing in all large developments.

“It is incredible that a £5 billion redevelopment will all hinge on affordable housing, causing the financial viability to be harmed and for there to be a  £313.50 million deficit, even if no affordable housing is provided.”

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The loss of a British Institution looms

An important symbol of South London and a key feature of the city’s skyline, the Battersea Power Station, has been left to decay for more than twenty years. Created by Gilbert Scott in 1935, the building has slowly rotted away after both station’s A and B were  decommissioned in 1975 and 1983 respectively. The much-loved monument is listed on the English Heritage’s “Buildings at Risk” register.

For full article please click here.

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Greater London Industrial Archaeology Society Pump House demolition objection letter

Profiting from demolishing our heritage

Malcolm Tucker of the Greater London Industrial Archaeology Society has written a letter objecting to the demolition of the grade II listed Victorian Pump House situated next to the Battersea Power Station.

The letter is both a detailed inventory of the archaeological and cultural value of the site that “developer” REO/Treasury Holdings want to raze to the ground in the name of making more money, and a demolition of the arguments for demolition in the recently circulated Planning Policy Statement 5 Assessment, prepared by Donald Insall Associates Ltd and dated September 2010.

Matthew Tucker observes that:

….their arguments for demolition of the building centre on PPS5 Policy HE9.2, and on the wording of listing description and the stated conclusion of the CgMs report that the building has ‘limited architectural, artistic or archaeological significance’. We believe that the building does have architectural and archaeological significance and that its demolition would deny future generations an appreciation of the transition of the Cornish engine from mine pump to waterworks engine. Further, we point out below that it should be possible to incorporate the conserved building within the scheme.

We may add that since CgMs prepared their Historic Building Record in 2005, the original drawings and other records of the building have been studied in detail by Colin Thom of English Heritage Survey of London, corroborating and expanding upon this society’s own researches.

The letter outlines 5 main points:

1) Function and fabric as contributors to the significance of the building.
2) Assessment of architectural significance
3) Significance of artefacts
4) Structural condition
5) Accommodating the building within the development

If you would like to read the  letter in full you can download it here:

If you would like to add your voice to the objections write to: Bob Leuty BLeuty@wandsworth.gov.uk

Please also send spectacle a copy info@spectacle.co.uk so we can be sure your objection is circulated.

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Battersea Power Station Company’s Objection to demolition of the Victorian Pumping Station

The Battersea Power Station Company, the charitable organisation seeking to protect the Battersea Power Station, have submitted their objection to Treasury Holding’s application to demolish the nearby Grade II listed Victorian Pumping Station. The pumping station is widely recognised as of historic and architectural interest by a wide range of authorities including: the Victorian Society; Save Britain’s Heritage; the Newcomen Society; the Council for British Archaeology;  the River Thames Society; the West London River Group; the Battersea Society; the Kew Bridge Engines Trust, and the Greater London Industrial Archaeology Society.

The only justification offered by REO (Treasury Holdings) is a spurious notion of “public benefit” where the developer is attempting to wrap up their desire to build a few extra offices or flats on the site as a “public benefit”. The only other, even weaker, argument seems to be the idea that the pumping station must be sacrificed in order to save the Battersea Power Station.  As the letter below makes clear there is no real connection. The owner has a duty of care for both Grade II listed buildings. Besides many critics would claim their plans to “save” the power station by turning it into a Westfield style shopping centre and knocking windows all along both side exterior walls is actually a mindless act of vandalism that destroys the building’s architectural integrity. Put together with REO’s application to demolish the chimneys and replace with plastic ones this is “development” 1960’s style. Is it also “conservation” 2010 style? Is there any imagination out there??

If you would like to register your objection it is never too late!

Write to : planningapplications@wandsworth.gov.uk

10th September 2010

Borough Planner
Wandsworth Borough Council
Town Hall
London SW18 2PU

For the attention of Mr Tony McDonald

Dear Sirs,

BATTERSEA WATER PUMPING STATION (REF 2009/3578)

I am writing on behalf of the Directors to confirm our objection to this application to demolish the pumping station.

We wrote previously on 29th January 2010 to object, pointing out that one of our objectives as a company is the preservation of Battersea Water Pumping Station.

Many other organisations, with an interest in conservation, science and the river Thames have since written to you to object to this application.  The list is impressive:  including: the Victorian Society; Save Britain’s Heritage; the Newcomen Society; the Council for British Archaeology;  the River Thames Society; the West London River Group; the Battersea Society; the Kew Bridge Engines Trust, and the Greater London Industrial Archaeology Society

Given the near unanimity of opposition to the proposed demolition and support for retention and alternative use, we wrote to Treasury Holdings on 8th June to offer to buy the pumping station for a sum of £1.  The offer took account of the parlous state into which Parkview International, and now Treasury Holdings, have allowed the listed building to decline.  You have a copy of that letter and we would ask that you make special reference to it in your report.

Treasury replied to us on 17th June to refuse our offer, taking refuge in clause HE 9.2 (i) of the new government guidance on the historic environment PPS 5 which talks about the need to demonstrate “substantial public benefits” that would outweigh the harm caused by the loss of the heritage asset, ie the demolition of the pumping station.

Treasury have since produced a revised assessment report of the pumping station (September 2009) taking account of the recently revised and updated PPS5.

This report is essentially a detailed architectural and archaeological description of the building.  This merely serves to emphasise its significance of the building and the importance of keeping it.

The report goes on to extol the “substantial public benefits” of their proposals.  These are listed as: the retention of Battersea Power Station (with the implication that in some way the pumping station should be sacrificed in order for the Power Station to be saved) ; a “contribution” to the proposed Northern Line extension; and other “substantial” – but unspecified – benefits arising from the regeneration of the site.

The report goes on to argue that the demolition of the pumping station is necessary in order to “deliver” the public benefits of the proposals listed above.

There are various flaws in Treasury’s justification for the demolition.

Firstly of course, the retention of the pumping station and opening it to visitors is a substantial public benefit in itself.   It is moreover a practical and achievable goal with a tangible outcome.

Secondly, Treasury does not make it clear why they can’t provide both the public benefit of keeping the listed building and other public benefits as well.   It is not credible that this small building cannot be retained in such a large scheme on a 38 acre site.  Indeed Treasury’s total scheme, for instance as shown on the model in their offices, makes proposals for additional sites beyond the Battersea Power Station site itself.

Thirdly, it is misleading to suggest that all the public benefits accruing from the redevelopment of a 38 acre site will be jeopardised by the retention of the pumping station.  A more realistic comparison would be the public benefits that could be had in place of the pumping station itself.  Given the small size of the building this might be no more than a small office or 8-10 flats  (The higher figures Treasury quotes for loss of residential units are dubious, related to a notional  “30m exclusion zone to create a suitable setting for the retained listed building”.)

A further point, which you will no doubt tell us is “not a planning matter” – is that Treasury does not have the ability to provide the “substantial public benefits” that they claim, given that they are £1billion in debt.

This application is without justification or merit and should be thrown out.

Please will you now take steps to compulsorily purchase the pumping station and have it transferred to us.  We are the rightful owner of this building if Treasury no longer requires it.

We would also reiterate our previous request that you use your legal powers to require Treasury to secure the building from further physical deterioration and other threats.

Yours faithfully,

Keith Garner   Director

cc    Mr Nick Collins  English Heritage
Ms Alex Baldwin   Victorian Society
Mr Marcus Binney Save Britain’s Heritage
Miss Juila Elton  Newcomen Society
Ms Vicki Fox  Council for British Archaeology
Mr Peter Finch  River Thames Society
Mr Peter Makower West London River Group
Ms Monica Tross  Battersea Society
Mr Oliver Pearcey Kew Bridge Engines Trust
Mr Tim R Smith  Greater London Industrial Archaeology Society
Mr Frank Daly  NAMA

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Chimneys standing firm

REO continue to shoot themselves in the – what by now must be, given their perilously brittle financial circumstances, bare – feet. Their persistent corporate prostitution of the inner sanctuary of the Battersea Power Station (for yous philistines who don’t know is now renamed THE BOILER ROOM) rips away any last layer of credibility from the assertion that the iconic chimneys of Battersea Power Station should be demolished for safety reasons.

Photo taken from beyond the danger zone

This declaration is a major part of REO’s planning application, stating that the chimneys are monstrously dangerous actually, given that they could fall down imminently. This is the reason, according to Planning Director of REO and Treasury Holdings Jeremy Castle, that there is a strict thirty metre exclusion zone around each of the chimneys at each event. Quite how they maintain this INSIDE the structure of the power station is a mystery.

What undermines these claims is that there have been a slew of conferences, dinners and even large scale events in and around the power station throughout the year; from the recent Red Bull X-Fighter Motorcross event to the upcoming SHINE benefit dinner in November (where a canopy and walkway to access The Boiler Room will be constructed for guests). These events, inclusive of the Paul McCartney gig inside the station back in July, would not be permitted to take place if there was any truth to these safety concerns, so this fallacy of collapsing chimneys is but a clever marketing shoehorn to strengthen the application process. Which ironically of course, will be slowed down to increase the value of the land if the application is accepted.

This flagrant contradiction only adds to the  controversy surrounding REO, given that they are over a billion in debt, unable to pay interest to creditors, heavily criticised by heritage institutions such as the Victorian Society, Kew Bridge Engine Trust and the Greater London Industrial Archaeology Society, and planning an unwanted underground line extension. The current plans for the station, which you can read more about on our Spectacle Battersea Blog, also include planning requests for an office and leisure complex, riverside access, a hotel, and 3,700 luxury flats.

To send in a written objection to the plans to demolish the station and its neighbouring Grade II* listed sister pumping house, address it to Bob Leuty at Wandsworth Council, planning applications@wandsworth.gov.uk . The deadline for written objections is 5pm tomorrow (30th September), and you can also contact your Wandsworth Councillor and ask them what their view is on this before deciding how to vote.

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Power Station owners REO stops paying interest due to creditors

The poor house

REO stops paying interest due to creditors

TREASURY Holdings-backed property group Real Estate Opportunities (REO) owners of Battersea Power Station did not pay interest due to a group of its creditors at the end of the August.

REO is apparently in “ongoing restructuring negotiations” with the National Asset Management Agency (NAMA), Lloyds Bank and others about its loans. The company announced yesterday: “taking into account the status of the negotiations, the company has determined that the interest payment due … will not be made”, a statement that seems to imply that REO could pay the interest if it wanted to.

It owes its banks around €2 billion and in June said it would not be in a position to repay a €450 million debt due in May 2011. It hired advisers to help it tackle this issue.

Perhaps they could cut back on luxuries and use their tea bags twice.

The future of one of UKs best loved buildings is in the hands of mega debtors who claim they will use “their own money” to build the “essential” Battersea tube extension.

Read more in the Irish Times and Property Week.

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Tideway Village in Nine Elms under threat

The Tideway Village is a community of houseboats moored in an inlet dock a short way down the river from Battersea Power Station. Property developers Berkeley Homes are involved in the regeneration of the so called Nine Elms Opportunity Area which encompasses the dock and have met with opposition from the residents of the houseboats for their apparent plans to remove the boats from their moorings. The residents were dismayed to hear that they had not been invited to the consultation concerning Berkeley’s plans for the area. After another consultation was held, they were shocked to find that in place of their homes there was a sort of floating garden.

The rightly outraged villagers started a petition and a media campaign to raise awareness about their situation. The BBC paid a visit as did the Evening Standard. After seemingly contacting Berkeley homes; the Evening Standard claimed a victory for the houseboat community and that Berkeley Homes had listened to them and removed the dock from their plans.

However Berkeley have made no Official Statement with regards to the continued presence of the houseboat community and their official website concerning the Tideway Wharf development still omits the boats and depicts a floating garden in their stead. See the Architectural Details and Summary of Our Proposals (links open as PDFs) sections of their website for graphic depictions of the proposed garden.

As far as the Tideway Village (and Spectacle) are concerned, Berkeley still plans to remove them from their moorings and the villagers campaign is still underway.

Interviews with the residents can be viewed here.

Please visit the Tideway Village community website and definitely sign their petition to safe this little pocket of individuality on the increasingly homogenized bank of Thames.

Spectacle will be keeping an eye on the situation and has added the Tideway Village to its Battersea Power Station project page as part of our ongoing interest in the Battersea and Nine Elms area development.

Nine Elms Regeneration – involving local residents

The invitation to the information meeting at the R.O.S.E. Community Clubroom states: “It’s clear that the area will be transformed and we want you, as local residents, to be involved in this process.” As for the first part of that sentence, we cannot argue with this. It is clear that the decision have been made, where and by whom is not entirely clear. Maybe it was made by Transport for London, who want to build an extension of the Northern line. Or by the American diplomatic corps, who want to build their embassy in the area. Or maybe by Real Estate Opportunities, the troubled owners of the Battersea Power Station. One thing is clear though, it was not the local residents who made that decision. There were some presentations, a short Q&A and residents were invited to sign up for updates on the regeneration. These updates may concern them, but they certainly don’t involve them in the decision making process.

The event was well attended, with about 40 people filling all the available seating. There were some displays with impressive looking posters illustrating the plans. There were drinks and nibbles. The plans involve 15,000 new homes and 25,000 new jobs. Those numbers are impressive. There are also plans to build one elementary school and one library. 15,000 homes and one school, the numbers don’t exactly seem to add up. Either someone needs to go to school to develop their mathematical skills, or the calculations are correct and the developers aren’t expecting many children to be raised in their new flats. Perhaps these new properties are being built to house so-called DINKS, or Dual-Income-No-Kids for those of you less familiar with yuppy terminology. Walking through the neighbourhood of the R.O.S.E. Community Clubroom with large estates and a wealth of playgrounds, you can see why the DINKS wouldn’t want to live here.

As for the 25,000 new jobs, it is important to remember that there are already 12,000 jobs, mainly in the industrial area along Stewarts Road. In the presentation it was made clear that those industries would have to move. While at the same time vague promises were made to keep the industry in the borough (with no indication as to where it should go instead) and that an effort would be made “to preserve as much as we can”. Later in the meeting, discussing the lengthy period of 15-20 years the project is planned for, one of the reasons given for this extended span of time was the existing leases.

Reading between the lines, this seems to indicate that the local industry will disappear. And we can subtract most of those 12 000 existing jobs from the 25 000 planned ones. Now the two biggest prospective employees will be the American Embassy and the Battersea Power Station. The American Embassy will bring their own employees and looking at the plans for th Battersea Power Station with up-scale office spaces, one cannot help but wonder how many of the industrial workers will find jobs in the planned (and not yet existing) offices.

Now the construction itself will bring some work to the area. The number 40 000 floated through the room for a while, until a local resident pointed out that those 40,000 jobs refer to a period of 20 years in an industry where contracts usually don’t last any longer than 3 years. So this number is misleading, as it doesn’t mean there will be 40,000 jobs at any point in time. Also if you count each contract, one worker will be getting 6-7 3 year contracts. Each contract term is counted as a job, but calculating actuall employment numbers they are more likely to be around 6,000.

Besides the number games there were whole presentations which merely seemed to consist of quoting a number of “documents” and “frameworks”, including the London Plan including “designated opportunity areas”, the “Opportunity Area Planning Framework”, “Local Development Framework, “Site Specific Allocation Document” and many more. Not having read any of those, I ended up more confused than in the beginning with an unsettling feeling of disempowerment: There is no way I will find the time to read all those, even less understand their terminology. But if I don’t, I won’t understand what it is exactly that is being developed and proposed. Referencing this mass of documentation had one effect only: dispiriting an delegitimising any opions or critiques by local residents and raising a windscreen of referential material that is cited as authority. Here the event resembled an excercise in exclusion rather than any real attempts at involving local residents or trying to set up a democratic and accountable process to find a solution that will actually respond to the needs of and benefit the local population.

Thankfully there was some time for questions and they came plentiful. How the project was benefiting local residents, if their homes were due to be displaced was one of them. The councilor had never heard about this before. But as the petition to save Tideway Village states:

Now yet another very special London gem is under threat: Tideway Village and the Nine Elms Pier Boat Community may disappear forever, possibly as early as March 2011. Tucked away next to the Battersea Power station the 30+ houseboats with their inhabitants form a diverse vibrant community framed by old boats, water wildlife and nature, dearly loved and frequently photographed by passers by.

The current plans being submitted for the construction of ‘Tideway Wharf’ by St James (Berkeley Homes) proposes a development that would replace this special corner of London with cloned, soulless structures, erected in pursuit of profit at the expense of beauty and diversity.

You can find out more about Tidway Village on their website, and sign the petition online.

The question about how Climate Change was swiftly answered, stating that the whole project would be build to highest standards. The question whether projects on such a scale can possibly be sustainable, remained unasked.

When Brian Barnes pointed out that he’d been promised work at the Power Station as a young man, and has been through three proposals, and now, after his hair has gone gray, he is still being promised work at the Battersea Power Station – in twenty years time…

The point was raised that the proposal did not mention affordable housing and that it looked like local people were being “re-developed out.” The Save Shaker Aamer Campaign asked that the local council stand up for Battersea resident Shaker Aamer who is still being held in Guantanamo illegally. The question was raised whether it was right to invite the US Embassy into the borough, as long as Shaker Aamer ist still not home.

The organisers had pointed out that the meeting was being recorded, and you could see quite a few staff sitting around the edges and scribbling hastily. They will be able to answer all questions and refute any criticism raised soon, it seemed like an excercise in preparing notes for future public debate, to be prepared for any objections that might come up.

notes: starbucks and other big corp chains coming in is bad for local business as well as atmosphere of area, artifical venues and retail outlets that won’t work, just as unreal and illusionary as any other proposal during the last 20 years,

What’s happening at Nine Elms?

Battersea Power Station view from south

Two chances to hear about Nine Elms redevelopment, including Battersea Power Station and the US Embassy. Nine Elms is central London’s biggest regeneration opportunity. The area covers more than 450 acres of land along the south bank of The Thames – the vast majority of which is gearing up for major redevelopment.

Tues 27/7/2010 @ 7.30pm
ROSE Clubroom, Ascalon St SW8
Ascalon St is between
Thessaly Rd and Stewarts Road on Savona Estate access by car is from Wandsworth Road

link to a MAP and you can register your attendance for this meeting

Weds 28th July 2010 @ 7.30
All Saints Church, Prince of Wales Drive SW11.

Link to register attendance for this meeting and Map

Map All Saints Church is near Queenstown Roundabout

Wandsworth Economic Development Office have arranged these meetings chaired by Cllr Govindia and Cllr Lister.

Storms brewing over REO personnel?

You’d think that with debts up to their eyeballs, and Wandsworth Borough Council’s decision on planning permission still in the balance, the owners of Battersea Power Station would have enough to worry about.

But now new allegations have arisen in the Irish media about certain figures involved in REO, the property firm that owns the site.

The Irish Independent has reported that Willie McAteer, formerly finance director of Anglo Irish Bank, which loaned money to REO, also owns a stake in the company.

McAteer was also arrested and questioned by the Irish fraud squad in March 2010 following his resignation from the board of bailed out bank Anglo Irish in 2009.

Meanwhile accusations of irresponsible behaviour are in the air directed at Johnny Ronan, one of the owners of Treasury Holdings, REO’s largest stakeholder, with an opinion piece in the same newspaper accusing him of reckless spending. Mr Ronan’s children’s ‘lavish birthday parties…costing hundreds of thousands of euro’ come under fire.

This only adds to speculation on the propriety of his behaviour – in March the Irish Times reported that he was ‘standing down’ from his position for a few months, following embarrassing revelations about his love life.

It seems Mr Ronan had been embroiled with arguments with a former girlfriend after being found taking extended lunches and private jet trips to Morocco with a former Miss World.

Not responsible behaviour, some might say, for a man whose company has debts funded by the Irish taxpayer to the tune of more than a billion euro.

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