Published: Thu, September 29, 2016
Economy | By Melissa Porter

Apple to create London HQ at Battersea Power station

Apple to create London HQ at Battersea Power station

Apple has revealed plans to create new London headquarters at Battersea Power Station once a £9 billion renovation project has been completed.

The power station, built in the 1930s and famous for its imposing quartet of art deco chimneys, stood derelict on the south bank of the River Thames for about three decades until the site was bought in 2012 by a Malaysian consortium.

Looking to the future, the campus offers enough space for 3,000 employees in all, so that Apple can continue its hiring in the United Kingdom capital city.

In 2016, history seems to be repeating itself, as Apple announces that its new London HQ will be based in the former energy plant.

United Kingdom recently made overtures about welcoming Apple as a post-Brexit deal, that would give it an global headquarters away from meddling European Union regulation.

The iPhone maker is lined up to occupy 500,000 square feet across the six floors inside the central Boiler House, London News Online reported.

Apple to create London HQ at Battersea Power station
Apple to create London HQ at Battersea Power station

Speaking about the news, Sadiq Khan said: "I am delighted that Apple is moving into Battersea Power Station‎, helping to generate new jobs and economic prosperity for Londoners".

Apple is to become the largest office tenant at the redeveloped Battersea Power Station, bringing the majority of its London operations into one single campus.

The vast structure will include 2 million sqft of new space designed by the architects WilkinsonEyre and also includes 253 new homes. The lease accounts for about 40 percent of the office space within the development, which is backed by Sime Darby Bhd, SP Setia Bhd Group and the Employees Provident Fund.

"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 this goal".

According to the Standard, the first residents will move into the new blocks of flats in December, and the first shops and restaurants are expected to open in the Spring.

Chancellor Philip Hammond said: "Apple's decision further strengthens London's position as a global technology hub and demonstrates how the United Kingdom is at the forefront of the next steps in the tech revolution".

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