Battersea Power Station Chimneys demolition- History repeating

URGENT NEWS ON BATTERSEA POWER STATION CHIMNEY DEMOLITION

Thursday 12th June representatives of the BPSCG (Battersea Power Station Community Group) met with Paul Landsberg of Wandsworth Borough Council Planning Department to discuss their concerns regarding the legal and financial protections in place ahead of the imminent demolition of the chimneys, in particular whether the bond is in force and whether it is large enough to cover the cost of rebuilding the chimneys should the developer fail to replace them.  What they discovered was deeply disturbing:

The bond money is held in a Malaysian bank, CIMB
The value of the bond for the reconstruction of three and a half chimneys is only £11million.
The value of the bond is based on an estimate supplied by Philip Gullet of the Battersea Power Station Development Company.
This estimate has not been independently checked by cost consultants employed by Wandsworth Council or English Heritage.
The contract sum for the demolition and rebuilding of the chimneys was redacted from the copy of the contract sent to Wandsworth. So it is not possible to compare demolition costs against rebuilding.
The Council does not know if the bond is signed and in force, although the reconstruction contract starts next Monday.

HISTORY REPEATING…

This is all the more alarming in light of what happened when John Broome, the first failed developer of the site, took down but never replaced the west wall and roof, as it remains to this day. The council’s own report in 1989 criticised the woeful lack of safeguards and- some would say- gullibility of the planning officers.

According to Battersea Power Station Community Group the bond money should be held in a British bank if Wandsworth and English Heritage are to have any chance of getting at it in the event of a default.  The total value of the bond also needs to be increased substantially if it is to be able to cover the reconstruction of three and a half chimneys, if a default occurs.

With the chimneys reconstruction contract about to start, it is clear that Wandsworth Council and English Heritage are not protecting our cultural heritage -either in checking the proposed value of the bond or making sure the contract is signed and enforceable before the demolition and reconstruction project starts.

With interest rates about to rise, the possibility of the project failing yet again is increasing by the day.  If this happens when the chimneys are down, and it turns out the bond money isn’t there (as was the case in 1989 after Broome went bust)  the chimneys will never be rebuilt.

We need to rescue Battersea Power Station from these shameless, grey, dozing men who will sell our industrial heritage for peanuts and the enrichment of foreign “investors”. Keep an eye on the revolving door!

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URGENT-Save Battersea Water Pumping Station from demolition

We, the undersigned, ask Wandsworth Council to refuse listed building consent application 2014/1236 for the demolition of Battersea Water Pumping Station.

Battersea Water Pumping Station is the oldest surviving water pumping station in London.

It was built in 1840 for the Southwark Water Company and extended in 1856.  It housed a series of Cornish engines used for pumping water from the Thames.  At one time the pumping station housed the largest Cornish engine ever built, with a 112″ diameter cylinder.

The building was listed Grade II in 1994.

The pumping station commemorates the rich industrial heritage of the Nine Elms and North Battersea.  It has great potential to encouraging young people to think of science, technology and engineering as important skills worth acquiring.

Retaining and preserving the pumping station would attract visitors to the site and therefore increase footfall for the new facilities that will be open to the public.  It is in everybody’s interest that it is preserved.

We ask Wandsworth Council to initiate discussions with the owner/developer so that the development can be reconfigured to incorporate the pumping station

We further ask Wandsworth Council to convene negotiations between the owner/developer and the Battersea Power Station Company Ltd (a local registered charity) to allow the pumping station to be passed into the latter’s ownership for £1, to allow them to renovate the pumping station with Lottery funding.

Sean Creighton & Keith Garner

June 2014

Stop this cultural vandalism for profit.

PLEASE Sign the petition

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Battersea Power Station: Out of the frying pan into the fire

The horror story continues…

Nightmare on Nine Elm Street

The abysmal Vinoly plans for Battersea Power Station that we had all hoped were finally dead and buried with the collapse of previous owners REO has come back to haunt all who care about the beautiful building and the quality of life for all those living in its shadow and the surrounding area.

Just when you thought it was safe Architect Viñoly has been hired as “creative brain” behind developer Mike Hussey’s plan for a new stadium for Chelsea football club. AAAHHHHHHGGGGG……

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Your TV tonight: The undead Grey Men of Battersea Power Station

On ITV’s London Tonight and LBC radio you can watch or hear Ravi Govindia, the leader of Wandsworth Council who, as former cabinet member for “strategic planning and transportation”, is particularly responsible for the failed private-property owner led regeneration of the area,  trying to defend the borough’s pathetic policy towards the obviously flawed and greedy plans for Battersea Power Station.

Only a few days ago George Osborne and Boris Johnson were doing their best to puff the disastrous scheme which is now as all but dead and buried by the creditors calling in their loans.


For the Battersea Power Station Community Group (BPSCG) it is just another “new beginning” as the fourth developer limps off stage to boos and jeers.

Keith Garner is also interviewed calling for the whole site to be put into public ownership for a sensible, viable, gradual development of the historic and beautiful building and its surrounding site. An ideal exhibition for industrial power ( see our previous blogs). Keith cites the difference in the approach of Southwark to the other Gilbert-Scott designed river front power station, the highly successful Tate Modern. Through partnerships and a gradual, planned development it shows what Battersea residents could have had these past 30 years.

WATCH: ITV London Tonight on Battersea Power Station debt

Spectacle’s crew were there today too and will be posting soon the bits of the interviews the broadcaster left out. Including an hilarious episode where the owners try to stop ITV filming by shutting the gates. Perhaps their last act.

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Creditors call in Battersea Power Station debts

For Sale

 

NAMA and Lloyds  are owed 502 million pounds ($786 million) by the owners of Battersea Power Station and they want their money back. Now.

Despite REO’s attempt at positive spin (see below) their ridiculous plan is over and it is about time the heritage site was brought into public ownership and restored as a site for Industrial Power.

 

Real Estate Opportunities plc (the Company)
Battersea Power Station facilities:

The Company announces that certain subsidiaries (BPS Subsidiaries) of Battersea Power Station Shareholder Vehicle Limited, the holding company of Battersea Power Station formed for the purposes of the restructuring that was announced in April 2011 and which is 54% owned by the Company, have received demand for repayment from Bank of Scotland plc, as agent for the National Asset Management Agency (NAMA) and Lloyds Banking Group the (together the senior lenders), under the senior facilities advanced in respect of the Battersea Power Station site, aggregating approximately £324m, and from Oriental Property Limited under the facilities advanced by it to the BPS Subsidiaries, aggregating approximately £178m. The BPS Subsidiaries are currently not in a position to satisfy these demands for repayment.  The Company has also been advised that NAMA  and Lloyds Banking Group have applied to the English court for the appointment of administrators to certain of the BPS  Subsidiaries and that a hearing for this purpose is to be held on 12 December 2011.
The Company remains in discussions which may result in the disposal of the group’s interest in the Battersea Powerstation site and repayment of associated liabilities.  However, there is no certainty that any such transaction will be effected.
The Company’s other assets, which are situated in Ireland, are unaffected by the above developments. The Company has recently received term sheets from NAMA, the principal lender in respect of its Irish assets, indicating NAMA’s continued support for the Company’s business in Ireland.

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Why the Northern Line extension will never happen

The recent PR buff on Battersea Power Station has left us no closer to a solution to the issue. Chancellor George Osborne and Mayor of London, Boris Johnson, have been talking about the Northern Line extension and oligarch Roman Abramovich has received media attention by saying that he’s thinking about moving Chelsea Football Club‘s home ground South East of the site.

Extending the Northern line from Kennington to Battersea is one thing – funding the project is another. During the Autumn Statement in the Commons today, Osborne stated that the government will back the project – but did not mention with how much. He also called for “a developer” to contribute to the project and develop the power station site before a deadline of 2013.

The project is still heavily reliant on private funding and current owners Treasury Holdings is going to struggle. A scheme this size, roughly three times the size of Canary Wharf if you include Nine Elms, is always going to be difficult to get up and running at the best of times. But in a recession..?

Giving the Northern Line extension green light and talking up the moribund and equally fantastic Rafael Viñoly’s nightmare vision of gloomy glass canyons, is certainly invaluable property pump priming. And it’s hard to imagine why the Conservatives are so happy to collude in this theatre, given that they held their 2010 election campaign launch under the same chimneys which Battersea Power Station’s owner Richard Barrett, one of the co-founders of Treasury Holdings, once said “would fall in strong wind.”

Recently, Tory dominated Wandsworth Borough Council’s planning committee gave Treasury Holdings permission to demolish the power station’s chimneys on the grounds that they were unsafe. However, many experts disagree and local residents believe that, like the roof which was never replaced, the chimneys will never be re-built once they are gone. If Treasury Holdings really believe that the chimneys are precarious, it shows a very cavalier approach to the health and safety of Her Majesty’s Opposition, as there wasn’t a hard hat in sight.

The Battersea Power Station should become a World Heritage site for industrial power. The site has a unique Victorian Pumping Station with site of the biggest Cornish engine of its day. It also has spectacular gasometers dating from 1910 as well as, of course, the beautiful coal-powered art deco power station.

It would be nice to see Abramovich spend some of his heard-earned billions derived from oil, show some philanthropic decency and rescue the site from the clutches of the myopic grey men. They would simply turn the site into just another crass, desolated, windswept and empty river-front development along the banks of the Thames.

The Big Society was prime minister David Cameron’s flagship policy idea for the 2010 election campaign and has stated that it’s his “mission.” One may ask, if one of the world’s richest men isn’t going to chip in – then who will?

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Industrial heritage “As important as our country homes and castles”

A new survey from English Heritage has found that listed industrial buildings are at the highest risk of severe neglect. Around 3% of standard grade I and II* listed buildings in England are considered to be at risk, while a staggering 11% of industrial grade I and II* listed buildings are in the same category.

Grade I and II* industrial listed buildings in England cover a variety of structures from across the industrial spectrum including Battersea Power Station.

According the English Heritage the problem is not a lack of appreciation from the public. A poll of public attitudes carried out on their behalf shows that 86% of the public agree that it is important we value and appreciate industrial heritage and 80% think it is just as important as our castles and country houses.

Despite English Heritage’s obvious concerns about the future of listed industrial heritage sites, it seems that they have some problems categorising the status of some of these sites.

Their 2011 Heritage At Risk Register lists both Battersea Power Station and the Victorian Battersea Pumping Station as “Priority D”. This means “Slow decay; solution agreed but not yet implemented”. Which is ambiguously incorrect on both fronts.

Battersea Pumping station:

The report does correctly state that this historic Victorian Pumping station is going to demolished, despite widespread and authoritative opposition, after a planning application was approved by Wandsworth Council in November 2010. So what English Heritage really mean is, it’s going to be knocked down but it hasn’t been done yet. The pump station is crucial, the only reason to demolish it  is it allows the power station owners REO,  to maximise profits. Apparently completely ignoring Malcolm Tucker of the Greater London Industrial Archaeology Society  who previously made it clear “that it should be possible to incorporate the conserved building within the scheme.”

Battersea Power Station:

Again the report offers clarity by stating “fresh planning and listed building applications approved 2010 subject to legal agreement for restoration, extension and conversion of Power Station to provide retail, residential flats, business, cultural, hotel and conference facilities.”

There are two problems here: 1, “D” has been the status of the power station for decades now and little has changed. 2, the fact that legal agreement is required means that a solution has not been agreed.

Priority D is therefore the developers ideal status. Using the “big bang theory of redevelopment” implementation of the “solution” can be almost permanently postponed. Rather than phased conservation and restoration the heavily indebted REO insists their preposterous scheme to “save” the power station depends of a new tube line being dug, which of course will never happen.  They claim that their “solution” to restoration depends on the creation of a whole new urban area- a scheme that looked unlikely even in the height of the property boom.

Meanwhile the building falls into decay and eventually will require demolishing for safety reason giving the developer a clear conscience and nice clear piece of land to build on. Never mind that the nation loses one of its most iconic industrial buildings that are ‘as important as our castles and country homes”.

Of course the developers could “moth ball” both buildings until such time that a genuinely appropriate and viable solution comes along, but there is no need to speculate on why they won’t do that.

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Battersea Power Station history from the 30s to 1983

The Vauxhall Society reprints an extract from  ‘Battersea Power Station – 50 Years of Service – A Short History’ first published by CEGB Public Relations Branch in 1983.

The Vauxhall Society is the civic consultative group covering the London parliamentary constituency of Vauxhall, which extends from north of Waterloo to Brixton, Clapham, and Stockwell and Vauxhall, as well as the neighbouring districts of Southwark and Wandsworth.

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Battersea Power Station- a tragi-comedy of errors

here today...

Battersea Power Station- a tragi-comedy of errors.

by our theatre critic BabyLonDon

Last night’s Wandsworth Borough Council Planning Committee meeting to approve the demolition of the Victorian Battersea Pumping Station and the demolition (and supposed replacement) of the iconic power station chimneys was the best show in town- Dickens in modern dress that occasionally lapsed into panto. The farce played to a packed house – with the corridors full of (vested?) interested parties straining to hear the proceedings over the PA.

The rather predictable plot- a variation on the turkeys voting for Christmas story -had a committee clearly determined to vote in favour spending three hours going through the massive planning application with just one dissenting voice of reason, played by a rather hammy councillor Tony Belton, pointing out the blindingly obvious flaws and unfeasibility of the scheme.

The real drama and humour lay in the fact that the committee seemed oblivious to the subplot- that the developers, REO (Treasury Holdings UK), are massively in “toxic” debt and in effect owned by the Irish tax payers via  NAMA and will do nothing but continue to demolish what little is left on the site and then “flip it”- selling it on as an empty brown field site for river front luxury development.

REO were unlucky that when the music of the property boom stopped they were left without a chair, but lucky enough to have their biggest non-Irish asset located in Wandsworth, infamous for having allowed the power station to fall into its current state of near dilapidation and for waving through truly hideous and desolate riverside developments.

There was something distasteful in the pathos of the affable officer’s naive presentation of the nonsensical scheme as from the public gallery hard nosed and cash hungry developers salivated at the easy meal they were shortly to enjoy.

There were comic moments as the “power dressed” committee members seemed to be made up of people who were in thrall to the promised dream of capitalism but had no clue about business. They dismissed the very real credibility gaps in the developers “vision”, enthusiastically hanging the whole wobbly edifice on the “promise” that these mega debtors (or at least Irish toxic debt vehicle NAMA) would stump up over 200 million pounds for the Northern Line Extension, or as it is known locally the “Ghost train to nowhere”. Even if this phantom train ride were real it would not happen for years even if it all went to plan… it was an evening of “even ifs”.

One comedic highlight was the officer’s report on the stringent “conditions” the council had negotiated with the Developers.

REO could take down the chimneys but must replace within 7 years.

REO could remove the embarrassing sight of the wharf cranes they are letting rot and could “restore” them inside the hulk of the rotting power station.

REO could first develop a slither of land on the north west river front. Happily the piece of land with most instant resale value, being the furthest from the smelly and polluting waste transfer facility on the north east water edge of the site and the cluster of huge gas holders on the south west edge, deemed by the HSE to be enough of a potential danger to society they recommended the scheme was rejected. This danger of an inferno seemed not to trouble the committee who dismissed the HSE’s concerns. One councillor mocked it as health and safety gone mad as residents of the later phases of the development nearer the potential blast would have chosen to buy their luxury flats aware of the risk.

They also swallowed, uncritically, the completely spurious argument for knocking down the grade II listed Victorian pumping station on the grounds it was a “community benefit” in order to “save” the power station apparently achieved by destroying its architectural value by knocking windows all along its sides and turning it into a shopping mall with luxury flats.

All of the responsibilities and commitments of REO were locked into phases of the development projected way into the future. As REO have no real intention, or means, to “deliver” these planning pipe dreams they were in effect getting off Scot free. The only thing the planning committee’s decisions would guarantee were the demolitions.

The press has been full of the glossy artists impressions of this bright new future but actually it is a dark day for most Battersea residents as this scheme will deliver nothing but another decade of planning blight. A bleak future without two of the regions most precious and best loved buildings.

The optimists had to accept that even if the Power Station were to survive this scheme it could not actually be seen from anywhere in the borough once surrounded by the 15+ storey buildings REO planned.

Given the power station is Wandsworth Borough council’s logo it was indeed a turkey landslide vote for every day being christmas.

BabyLonDon’s Final Verdict: Funny but sad. Not an “An absolute triumph”

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Battersea Power Station demolition by stealth gets council go ahead

Tonight, with only one vote against, the London Borough of Wandsworth’s Planning Committee gave the green light for the demolition by stealth of Battersea Power Station by approving the chimneys are removed and (maybe?) replaced and the total destruction of the Victorian Pumping Station as predicted. Condemning north Battersea to another 15 years of urban blight.  But take heart there are still many rivers to cross (for the developers) and many opportunities along the way for us to propose more imaginative uses and to prove that urban planning by speculation is not viable or in the public interest.

For a full report read the review by Spectacle’s theatre critic BabyLonDon

“An absolute triumph”

Coming soon… details of our photographic competition: Soon to be Lost Views of Battersea Power Station

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