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Nine Elms on the South Bank is on course to become a major commercial hub over the next ten years. Our central London riverside location has obvious appeal and the new Tube stations and wider transport package we’re delivering give us the connectivity a modern business district needs.
Cllr Ravi Govindia, co-chair of the Nine Elms Vauxhall Partnership & leader of Wandsworth Council.
London hasn’t seen this scale of development since Canary Wharf, 25 years ago. We are creating a prestigious world-class destination for business, anchored by a rejuvenated Battersea Power Station and the new U.S. Embassy. Nine Elms on the South Bank is delivering 6.5m sq.ft. of new commercial space; 2.8m sq.ft. of retail and leisure space and over 3m sq.ft. of new office space, with two major new town centres at Vauxhall and Battersea Power Station. Two-thirds of the new commercial space will be delivered by 2020. Located within London’s Central Activities Zone, the area is set to become one of the most productive commercial areas in the world.
The vision is for a 24/7 mixed-use neighbourhood, for people live, work and visit.
6.5m sq.ft. of new commercial space establishes the area as a new commercial hub right in the heart of London. Considerable investment is being made to utilities infrastructure, notably telecommunications, electricity and heating. The result will be an ultra-modern, accessible and business-friendly environment suiting a range of sectors. Jones Lang LaSalle predict jobs across the creative industries, professional services and technology.
An extensive network of green open spaces, including a new 12-acre linear park, will make this an attractive place for all. Pedestrian and cycle friendly routes will link our two town centres, Battersea Power Station and a revitalised Vauxhall, via the new commercial hub at Embassy Gardens.
Major improvements are underway to the existing transport network, including a new two-stop, proposed Zone 1 Northern line extension (the NLE), which will cut travel times to the City to less than 15 minutes.
The area is emerging as a vibrant 24-hour creative district, where culture integrates with business and commerce. Damien Hirst’s Newport Street Gallery joins a cluster of galleries around Vauxhall with Tate Britain just a stone’s throw away on the North Bank, whilst cultural heavyweights are in discussion about joining the Royal College of Art in Nine Elms.
International visitors flying in? Nine Elms on the South Bank is less than an hour from Heathrow, just over half an hour from City or Gatwick airports and 12 minutes from St Pancras international for Eurostar. The area will have up to nine new hotels, suitable for all pockets. Dalian Wanda’s One Nine Elms will be their very first luxury hotel in Europe.
As you’d expect for central London, you can dine around the world here. Damien Hirst’s collaboration with Mark Hix at restaurant Pharmacy 2 and Counter, a New York style brasserie, are just a couple of the newcomers to an eclectic dining scene which includes long established favourites like Brunswick House, Tea House Theatre and Italo delicatessen, plentiful pubs, cafés and snack bars.
Nine Elms on the South Bank is already home to thousands of established employers: MI6, independent shops and cafés, and good representation from corporates and the not-for-profit, governmental and creative sectors, especially around Vauxhall. It includes the country’s biggest wholesale fresh produce market, New Covent Garden Market, the small enterprise cluster at Stewarts Road and Vauxhall’s thriving evening and night-time economy.
With 1,000 businesses comprising some 30,000 jobs, a range of sector specialisms are already established throughout Vauxhall, Nine Elms and Battersea. Future occupiers will benefit from a strong network of business services including IT, telecoms, digital and creative agencies.
Existing businesses based in Wandsworth and Lambeth can benefit from Supply Nine Elms on the South Bank, a free programme of supply chain development workshops, one-to-one support, networking and Meet the Buyer events.
The last round of the Supply Nine Elms on the South Bank programme saw local businesses secure new contracts worth a total of £1.2million.
There will be even more tender opportunities coming through the programme in 2016, including opportunities in the construction and development sectors, as well as catering, office support, environmental management and utilities.
Buyers taking part include Battersea Power Station Development Company, Barratt, Ballymore, St James, Carillion, Skanska and Laing O’Rourke.