Apple is making Battersea Power Station its home with the launch of a new London campus.
The regeneration of the iconic former power station has been going on for some time, marking the the largest mixed-use project in Central London, containing residential homes and commercial space, from shops and restaurants to hotels and event spaces.
With planning consent for over 8.5m sqft. of space, split approximately 50:50 between commercial uses and residential, it will also include the largest new office district in London. Now, it has found a major tenant with Apple signing a deal to lease office space that occupies approximately 500,000 sqft., across 6 floors of the central Boiler House inside the historic icon.
The agreement is thought to be largest office letting in London’s wider West End in the last 20 years, with Apple’s campus accounting for around 40 per cent of the total office space in the whole development.
The technology giant is expected to move into the Power Station in 2021, relocating 1,400 Apple employees from existing offices around London. Apple has said that this is a great opportunity to have its entire team working and collaborating in one location while supporting the renovation of a neighbourhood rich with history.
Dato’ Johan Ariffin, Chairman of Battersea Holding Company Limited, says: “We are delighted to welcome Apple, the world’s most valuable brand, to Battersea Power Station, London’s most iconic development. This move by a brand of such calibre will serve to generate even more interest in Battersea with its vibrant mix of commercial, exciting retail and residential offerings in a cultural setting designed to drive innovation and enterprise. Apple can only strengthen this formula for success.”
Sadiq Khan, Mayor of London, welcomed the move as a “further sign that London is open to the biggest brands in the world and the leading city for trade and investment”.Google+