Regenerating Nine Elms: London's New District
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- Опубликовано: 14 фев 2017
- Historically the district between Vauxhall and Battersea Power Station on London’s south bank was a mixture of derelict wasteland and industrial facilities. Now it’s the site of one of the largest regeneration projects in Europe. For more by The B1M subscribe now - ow.ly/GxW7y
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Images courtesy of Nine Elms on the South Bank (Nine Elms Vauxhall Partnership), Google Maps, US Embassy London, TFL, FLO Joint Venture, Bystrup, Robin Snell + Partners, Battersea Power Station Development Company, WilkinsonEyre, Foster + Partners, Gehry Partners, Kieran Timberlake, Ecoworld Ballymore, KPF, One Nine Elms, BDP, SOM, CIM Group and Macklowe Properties.
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Was in the US embassy around a month ago. Whole area is looking awesome, can't wait to see the finished article.
It's a lump of concrete and cranes for roughly 3 hectares. Should have gone to Specsavers.
The new US embassy looks pretty crap, but it's much better than the old one. It doesn't feel like an embassy, more like an office building.
Jesus wept.
The prices of apartments in this area will be astronomic! What ordinary people could afford to live here?
London is not for ordinary people... at least it looks that way
Time for you to move to Penzance or idk Norwich, sir.
Ordinary people should move out of London, unless they work as service for rich people (cleaners, waiters, house people..). Hopefully robots will replace even them.
If you are ordinary, London is not a place for you. Move to Sheffield or Portsmouth.
@@Machozz Norwich has fairly high house prices for the uk. Up north and wales have some of the lowest house prices.
"Mexico is off the hook for this one" HAHAHA
I don't get it. 😕
@@gingataisen they dont have to pay for this one like they had to for the wall even though they didnt but u know
Unaffordable housing?
Rising homelessness?
Most child poverty in UK?
Let's build luxurious housing! 🙄
erzan why not? Richer People need places to live, and their willingness and ability to pay, creates employment and brings tax reviepts to the councils who are required to home poorer people.
@@bojack40 I have no problem with your assessment. I would like to add that the so-called "homelessness" problem is blown-out. When I read the estimate (around 4000 homeless people in a country of almost 60M in population), I was floored by it. Why politicians are talking about it?
Nine Elms benefits hugely from the new American embassy. It revitalize the whole area.
@Vlodec How about those homeless people start looking for jobs instead of harassing students for money in London? I know some are refugees, but some of the homeless people chose to be homeless by themselves.
@@HusseinDoha That is people living on the streets. Over 300,000 people are homeless, meaning they could be sofa surfing or in emergency accommodation.
Max Hall It’s around half a million in France
I go to London every year to see an exhibition at the Excel and every year from the DLR and cablecar more buildings are being squeezed into empty spaces. Amazing to see.
I'm sure Asian billionaires will love their new investments.
@@ishaanromeo3128 i don't
Asian millionaires are people too
Hahaha
And the Russians. They love a bit of money laundering sorry I mean “living” in London
Poor Britain will have to suffer creating jobs for thousands of people, have new homes, reshape crappy place and collecting millions in taxes behind this investment. Bad ‘Asian’ billionaires
It's nice knowing that power station would be regenerated rather than being subjected to demolition. Even in its semi state of dereliction I thought it looked unique. And though I kind find an odd beauty with some urban landscape decay, it's nice seeing industrial areas being renewed with these type of projects. I think it creates a positive energy from a sense of rejuvenation to the surrounding area. Thx for posting.
😂
amazing...only in London!! Electric boulevard, new housing, subway line, and the Battersea recon, which Apple will move into. Plus the beautiful new US embassy...I want to move there!
This will provide more investment opportunities for tax dodging rentiers.
And more housing for our replacement population ✨✊🏿😈💫♥️
There will be special balcony areas in the development for throwing farthing coins at the poor troglodytes on street level, Dickens style. "Go get me a goose boy! The biggest goose in all of London!"
Haha, brilliant :)
Yes, but they won't be speaking English. They will be shouting out orders in Russian and Mandarin Chinese!
that probably sounded funny in your mind
I dont like how their drowning out Battersea power station....
It's funny just how much better an old power station looks, compared to the usual soulless glass and steel monstrosities.
Reminds me so much of Hudson Yards/Chelsea! I love New York so much, it is my heart and soul, but I still dream of visiting London one day 🇬🇧 Love from America!
Meh, save your money. Speaking as a Londoner? Italy is more impressive. Bologna is a great city. Great rail links to Rome, Venice, Florence, Milan, Verona.....good luck.
Could've actually said something about how the developer is dealing with the anxieties about integrating into a low-middle income area rather than waving it away with a mention about how other cities also face this problem.
9 minutes of showing us buildings that everyone can defintely afford
Everyone? How amusing.
@@ArizonaWillful it’s sarcasm you dipshit
If you want buildings people can afford, then you're watching the wrong video
@@new_ale it’s not the video it’s the people building it lool
IThe algo sent me here, great video Fred. I'm enthusiastic about projects in construction/engineering.I really didn't know that Battersea power station is one of the largest constructed brick structures in the world. Funny because I remember Margaret Thatcher took interest in this part of the city in 1980s, shame it took four decades! However i'm pleased to say this construction/engineering project has been completed now with underground station as of 2022, exactly as you said Fred in this video ;-)
I wish people in the construction industry would take more pride and vigor in making affordable housing. It doesn't matter how cool your upscale apartments with a view of the Thames are and how groundbreaking their design is if they only cause more gentrification of an area and ignore the importance of providing high-quality, affordable housing.
I think entrepreneurship should be taught in primary school so that instead of complaining about how these prices are out of reach for most poor people, poor people would actually have a shot at becoming rich.
You should take a look at some smaller cities ! Like Strasbourg in France, lots of new projects. Not as spectacular as NYC or London but they’re creating some great things with a lot of urbanism considerations that a find to be very interesting and so overlooked.
Great project! Reminds me of Hafen City in Hamburg and Riverline Development in Chicago.
That's cool but shouldn't they focus on more affordable housing? For the average consumer. I live in New Zealand and in our largest city we have the most expensive housing prices in the world. More expensive than London, Paris, NY, Tokyo, etc. that's because all the new houses being built are custom made houses or kit sets with 4/5 bedrooms, 2/3 bathrooms, 2 lounges etc, rather than a simple house that someone will eventually sell to upgrade. We just elected a new govt and they're focusing on building more affordable housing as we need 50k right now and 10k every year onwards.
Typical K!wi I am also from New Zealand and Im confused as to we're you got your facts from because Auckland is no way near the most expensive city in the world.
I've long wondered why Auckland is so expensive, I get that it looks like a nice place to live and all. But NZ is very large considering its small population, so why is it so difficult to build a sufficient amount of homes? I can only think of funding issues, availability of workers, lack of infrastructure.
Typical K!wi most expensive place in the world my arse lmao. It's nowhere near that. London, Toronto, NY and Sydney are more expensive and Hong Kong tops the list.
I would rather say lack of social interests, a whole lot of business instinct instead. it is what it is, governments worldwide can praise and preach the necessity of affordable social housing, what only matters at the end of the day is real estate selling well as investments. Talking about Germany, construction volume of social homes has dramatically decreased over the last years.
Because this is central London. It would be like building affordable housing in manhattan it just isn’t going to happen. The gov are actually building a lot of mid range housing in smaller towns around the uk. I went up to Cambridge recently and there’s tonnes of housing being built around there just not in London which will always be for the elite.
Not an affordable home in sight, London doesnt need more investment properties owned by chinese investors that no one lives in!
Whiterun Guard Hey look! Another racist.
@Robbi rob No, I don't.
Sounds like what we see in Miami . Investment properties and Speculation . Empty darkened apartaments no one lives in . Affordable housing should be by law ..30 % of the project .
it is owned by malaysian 🇲🇾 companies
Would you rather have rich people buy up all the homes that working class people could occupy, or just build some huge tower to stuff them all into so they don’t have to take your home (as happens in areas like San Francisco that make it difficult to construct new developments). Building more market rate housing is the best way to make housing accessible to everyone. Mandating more “affordable units” in existing developments only leads to a tiny increase in the number of lower-cost properties available to a tiny number of people lucky enough to win them in a lottery at the cost of less development (and thus higher prices) overall.
Wow I see 5 of the projects I am working on for Nine elms! Can’t wait till they’re complete.
I wonder how many people like me, people earning under £20,000 per annum, could live there. Not many I wager.
none what so ever
Another Tex Yes but my lottery tickets don't win :-(
DSQueenie stop buying tickets. Within 50 years the only people living in london will be the Elite. All areas are getting a revamp including South and SE areas. With a salary of 20K you should look to move along the outskirts. Thats what I did, although considerably more to play with, I should imagine your life would be easier if you didnt find yourself scraping to pay rent. Until you have the means to do so, a view of the Thames during your morning coffee should be a target and not just a dream. Good luck
Kal_El1 sweeney I was joking but thanks for the advice. Honestly where I live in London is pretty far out but my earning potential is good. I hope to buy a house by the time I'm 35.
DSQueenie oh hahaha totally missed that, duh. Good on you, have a target and do it. London really is getting ridiculous for house prices though. I live in bermondsey and a house went for 680K, its just a modern 3bed with box rooms, not even any period designs, driveway...nothing. anyways good luck!
Haven’t they cut the amount of affordable housing in the development? It’s awful, London needs affordable housing, not more flashy shit
@Joe Brooks no need to be nasty
It's impossible to build "affordable" housing in London, because its the London property value thats making houses expensive. If you make a plywood shed in London the soil it sits on will still cost £100,000s... It's an oxymoron like saying we need "affordable" manned missions to Mars.
Affordable housing in London does not exist
notice how all the people in the artist impressions look rich lmao they dont want normal, working class or poor people living there
i wonder when theyre gonna realise you cant just create a city full of bankers
obviously not, someone has to rent the bankers' non-primary homes :p
There's a serious property speculation bubble going on right now, so when it bursts and the economy crashes, they'll realise.
There are almost 900000 millionaires in the UK, and a big part of those live in London. Expensive planning like these in a very expensive city such as London can't really do charity, they need to get some money back. So you have the choice of having either dirt cheap horrible looking social housing, or fancy investment attracting development for mid-rich who are plentiful in London.
I'm not against social housing, but you can't just build them in expensive area because taxpayers have to pay for the land.
Wait till automation catches up...
IxiaClover
Yeah, there’s not going to be poor or middle class people living in 9 Elms. It is going to be too expensive
Mexico is off the hook really made me laugh.
Haha, you’re welcome! 😉
The B1M your comment was uncalled for and definitely not funny. You should leave politics out of your videos. It was childish and rather beneath you or at least beneath my opinion of you. Of course now my opinion of you is much lower than it was previously.
@@prepperjonpnw6482 wow, another butthurt liberal.
@prepperjon politics play a large part in construction and just leaving it out would leave many confused about rules and regulations and plus the joke was pretty funny.
@@prepperjonpnw6482 shut up Caron
I travel past this area when i visit my mother, an there always a fancy building under construction...an now they're building a new football stadium in brentford !
Can we get an update on this video? Where is the 9 elms regeneration project now, 2 years after you did this video?
And that’s why the new Northern Line to Battersea is needed because of the new development at Nine Elms and Battersea. And is schedule to open next year.
London needs rent controls. I want investment and good paying jobs but we need to be able to afford to live in the city!
@sanjay j That's just nonsense though. It's not anyone's fault that rent is so high. We already have a ridiculous amount of socialism in this country, which is why Nine Elms is being developed by foreign companies and consortiums because the rich in Britain are relatively poor.
Just make more money lol. Money literally grows on trees here.
@@David-ud9ju what shit u smoking, London has more billionaires than all but 3 cities - NYC, Hong Kong and Moscow.
London will always be great
6:05, LMFAO to your brilliant comment regarding Mexico's budgetary role in that project...
3:21 that lil micro box truck in the lower left hand that’s puttin along is absolutely KAWAII 🚚😂
I commute here every day on my way to work, can’t wait to see how it’s gonna look like
I wish you guys would be more critical of developments like this.
The cirticism of nine elms is wide spread and totally warranted. It's all speculation and will do little to nothing to help the massive housing crisis London is experiencing, it uses historic structures to commercial aims by turning them into playgrounds for the super wealthy, its sustainability credentials are appaling, it doesn't integreate into the surrounding city at all and is designed as an island site.
C'mon, we can do better, just because something is the largest doesn't make everything its doing right.
i would love to know how much of this funded by laundering Russian mafia money ?
Battersea Power Station is a property development by Sime Darby Malaysia.
These projects make me angry they are so limiting in their ambition. They are predominantly commercial schemes that are heavily weighted on providing luxury apartments, grade A offices, high spec retail units with a slice of land for some community facility that will fail after a few years due to lack of funding. London is increasingly becoming banal. I don't live there but travel down at least once a year and see how it's changing for the worst. The artists, the middle and lower income earners are being squeezed out of central London and the government stands by believing it's not PC to intervene in market forces but they actively encourage it by throwing money at regeneration projects... so they do intervene. It's ironic!
I do like some of the work that the architects produce not against them directly, I think it's the overall vision for the projects that is at fault...which is often influence by local policies.
Wow, it is incredible how this city is capable of reinventing itself in so many different ways. There are currently so many projects either under construction or approved in London that it seems future architects like myself, hopefully, will have nothing left to do :(
Believe me, you will never run out of projects in any city in the world because urbanisation has been the trend essentially since mankind began to organise in civilizations and thus will always be going on further.
For those wondering, that sky pool opened this weekend (June 2021)
The new tube stations were intriguing after you mentioned the new US embassy. Most likey it will be connected to the secret tunnel line that links to downing street, buckingham palace, heathrow, nuclear bunker and a few other places.
Umm, no? We’re not a vassal state.
Any of the affordable properties that may exist in this development are for the middle class and above, no working class people will be able to buy these properties - look at the prices yourself! Over time, not long to go, working class people won't be living on London any longer, meaning that London won't have any workers left to serve these rich people buying these properties, so the benefits mentioned are nonsense! Without workers, you cannot grow a local or national economy, simples! Already, transport is a rip off for commuters from the suburbs, some spending a quarter of their earnings on simply getting to work, can you see that carrying on?! I don't! Law should be changed with immediate effect, if you don't live and work in the UK, you cannot buy a property, end of! It's not an investment in the UK if you think about it, they are not employing anyone when they buy a property are they?!
Please do a video on the regeneration of Croydon and Old Oak Common, make a video on hs2 when construction gets up to speed
Very impressive project ... hope it come to fruition
Four years later - and Nine Elms is a balls up of monumental proportions. Nice promo though.
Nice video!
LarryPlaysGames _ is
Has anyone actually looked around this soulless former industrial wasteland ?
yup √ disgusting
Having recently visited Dubai this development looks properly modern, it wouldn't look out of place in one of the new build cities (Dubai marina for example). Having seen the amount of economic benefit that came from the regeneration of Dubai I can only imagine that this will be a great development for London. I understand the arguments about us needing more affordable housing and would love to see affordable housing developments on this scale and with this amazing detail and architecture but for those saying that it's all bad for us just stop and think about all of the tax revenue we can get out of the big companies that will operate these new developments and the taxes from the big companies that are likely to occupy them (obviously assuming that they don't cheat their way around them), these are huge amounts of money that we could see being used to invest in more beneficial projects (new affordable housing, upgrades to transport links etc).
more supply is always great for the end user
Once the property bubble bursts, then these places *might* become affordable. I feel like London is going to go the way of Tokyo in the 90's if it continues though, its not healthy for any economy to be building properties purely for speculatory or investment purposes. And once it does, finally we'll probably see an end to the artificially created "housing crisis" and let the billionaires fuck off to the next money pit while the majority of people in this country learn nothing from it and continue to serve political organisations that demonstrably work against them repeatedly.
They'll be serving the same political organizations... but living in not only a house of their own, but a *luxury* house of their own 😉 all is well that ends well
We’re doing something very similar in the Portland’s here in Toronto, it’s a great idea, and will revitalize a former industrial area that has sat abandoned for decades, tuning an eye sore into a beautiful area filled with new homes, offices and critical infrastructure, not to mention returning the area back to its original , natural wetlands with many new raised nature trails. This one in London looks much bigger, as ours is only worth $3.2 billionCDN, but both are brilliant plans!
not really, wealthy people will buy the apartments and they’ll be empty and just go up in price and then they’ll be sold and that would repeat itself
A great and exciting London project, but it does make you wonder how much of the new real estate is owned by foreign enterprise.
A bloody huge amount of it, and they often don’t even rent it out - just leaving the flat empty. The tallest tower at the Nine Elms/Riverside Walk property which used to be a FedEx and Industrial estate was sold 100% to foreign investors and for the first year or two had basically NO ONE in it. The second tower was 50-50 foreign and domestically owned and had a few more people, and the third and beyond were mostly domestically owned, and are certainly a bit busier. The foreign ownership aspect actually led to someone’s death; a young woman drowned in the basement swimming pool - ostensibly because she was the only one in it, which may not have been the case were more people actually living in that tower. Very weird development.
Foreign ownership of high-end flats should be outlawed completely, because the damage they do by occupying and not using these flags is ridiculous and totally avoidable.
Let me give you a rough hint; All of it.
whats the problem with that?
dont you guys like capitalism and foreign investment?
@@XavierbTM1221 nope
He has got better at presenting. I’ve been there 2022 wasn’t finished. I plan to go again in 2023
I luv Vauxhall, working for lambeth and others an havin relationships there. St george wharf tower is a spectacular skyscraper, no matter way any1 else says!
Im working on this after finishing the US embassy we moved on this site
I'm glad he mentioned cycle lanes. i went cycling around the Thames path where some 3500 new homes are being built and there is no new transport infrastructure to accommodate all these new people. the surrounding tube stations are already busy enough and those people will need ways to get to work.
same around here, if there are so many new jobs in the area, two new tube stations aren't gonna cut it.
also found it funny how he mentioned a bridge, but gave no new details. must have been the one Saddik scrapped. No Carillion and no bridge. Funny how things change in such a short period of time
investments for the elite, one of the biggest problems today in big citys
Does London need any more raising of the property values? That should be an unfortunate side effect of the positive spillovers of proximity to good projects.
Nice video, thanks
☀️I used to live in this area and it’s an amazing new addition to the great historic city of London 🇬🇧
Just 🏴
I wish they did things like this for the poorest places like west wales, South Yorkshire and so on
Unfortunately they have no insensitive to do so 😒
three years on and still no northern line stations open?
And, when you see the area that's being developed and then see the locations of the two new stations, you have to wonder what were they thinking?
Nine Elms station is only a five minute walk from Vauxhall station and Batersea Power Station Station (ues, it really is called that) is five minutes away fron Battersea Park railway station? The long stretch of Nine Elms Lane that is the spine of the entire new area is STILL going to be too far from an Underground station when this extention finally opens!
That sky pool is pretty cool!
Interesting video, how about a follow-up video?
Just to let you know I don’t really like Kennington station but I do like stockwell,elephant and castle and Waterloo stations
If you look up at the completed towers in Nine Elms at night, there are only smatterings of light. These blocks are deserts in the sky. They sell out in minutes, but nobody lives in them. It's great for developers and investors, but an unforgivable waste of the resources employed so intensively in construction. There needs to be new laws. Something along the lines of "If you can't prove you've lived in the property for the majority of the time you've owned it, you get hit with a 60% tax on the resale". It would deter those who buy as investments. Homes must be homes.
The houses won't get sold and instead will just get least for 99 years with the option for the new leaseholder to transfer the lease into someone else's name, or the properties themselves will be purchased by companies and ownership of the company will get changed. And I know you might say that there might be loopholes, but consider the fact that if ownership of a property in the UK requires a British company and they decide to push a law that makes transferring company ownership count as a sale between two people, the owner of the British company would be made to appear as a company overseas with anonymous ownership, and so a sale would involve the transfer of ownership of that (grand-)parent company
London London London how about spending some money on regeneration further north
because there's no demand
No one cares if they did it wouldn't be so shit up there
Definitely needs to happen, this country is so unequal it's going to lead to its downfall in years to come, it really shouldn't be so London centric at all
they should turn leeds into the high tec capital off the uk since leeds is over 200 square miles,so would be a mega city if that were to happen
Shut up way more people live here
I cycled through here a month ago. The scale of it is incredible but the area feels utterly soulless. 99% of the buildings were the same cookie cutter designs you'll see anywhere in the world; Battersea looks cannibalised; and the US embassy, framed as the centre of the new development, is just a glass box with a concrete moat around it.
Oh, and rent started at £925 a week for a 2-bed flat.
Why does the US embassy have to be so big? lol
It's not even that big haha
America! 🦅🗽🏈🍔🔫
As an American, why does it have to be so ugly, eagle and all?
It has to be so big to attempt to cure the unavoidable penis insecurity that entire nation has.
Because UK is bumlicking
I'm a local here been here all my life been very different in the last few years
We need more public-owned affordable private housing.
Pretty funny that in a City like Frankfurt in Germany a Skyscraper project (Four Frankfurt) consisting of four highrises with the heigth of 230, 172, 120, 100 meters a being built where as in London a project of two skyscrapers (200, 160) is compared to Hudson Yards ^^. But i still like this Video pretty much and i´m very exited about the new district.
It will be that Frankfurt will likely profit from the Brexit as some of the banks and institutions have already announced to move to the mainland, among to Frankfurt. And there's many more skyscrapers planned in the mid-term future.
I lived in London it's an amazing place 😊😊😊.
Why don't we all call the new United States Embassy, the Borg cube. Appropriate I reckon.
They’d be better off just levelling the whole area and replanting 9 Elms.
xactly
Oh my dear, London is continuing to cater more people and there is less land to develop new homed.
anyone ever read Aldous Huxley's 'Brave New World'? Might be a good time for a reread
People on here get bought off by pretty pictures of projects they have funded through tax (but will never see and enjoy), do you really think they could process that masterpiece in literature of awakening?
Nine Elms development is still going on. Apartment towers around Vauxhall to date try too hard to look interesting. The fiats around Battersea Power Station swamp it, so that it looks insignificant, even with its chimneys - the only part not blocked is its river frontage. Query whether the infrastructure around Vauxhall can support all these new residents. Regeneration is positive, but Nine Elms is not at all good to look at.
Gentrification. Driving out locals. Pricing out locals. What locals? Tax avoiding overseas "investors" paying minimal non dom tax. Untility and energy usage at these developments is 60% below expected. Absentee owners.
Looks nice. I wish there would be similar development where I live. Instead, they build concrete deserts.
Been in london since 2019, have no idea where this was xd
Land in London is astronomically expensive, so any housing built on it will be for the wealthy. However, all those well-off folks need people to serve them, not only in personal service but also for maintenance and for storekeepers and a host of other workers. Presumably, they will have to commute in from miles away, so affordable transportation is key.
Those Residential Blocks are too large for the site. They're also FAR too close to the Power Station.
Graviton1066 how are they too close
They make the Power Station look small and hemmed in ... the Power Station loses its iconic look having buildings crowd it like that ...
Graviton1066 the power station is no longer in use and has been purchased by apple as there new UK HQ
Not a fan of that new logo at the start, great content though!
Excluding the skyscrapers it should have all been affordable housing.
peter stringer Why? Why should low earners be subsidised and expect to be housed close to the heart of one of the worlds most expensive cities? If upper middle earners can't afford to live in central London, having worked bloody hard and saved every spare penny, why should we offer up homes at a discount to someone who opted out of education to flip burgers part time?
Spencer Wilton the ill opportunity is the same for all people mate haha
why. Those financing such project want a return of investment. I believe this project is issued by private investors and not the UK Government
Nice!! Of course, this video is as close as I will come to afford living there. I guess modest incomes can pitch tents in the Forests Parks outside of London
Its belong to Malaysia Company called SP setia KWSP and Darby
You know in some countries, foreigners are only allowed to own 50% of the entire condo building. You might want to be open to that
I will move there
Can you afford it though?
Saku Koutaniemi sure just 5.8 million pounds+ for an apartment.
Thank to Malaysia investor. No wonder they can erect a 2nd tallest building in the world in KL
and gentrification?
And there goes the beautiful neo classical architecture..
Well let see how quickly they gonna be sold off before the prices crash
St. George Wharf is like so many projects: The promotional renderings made it look so nice, with sunshine, lots of green and lots of happy people, but the reality is one majorly ugly eyesore. So now along the Thames there is the London Eye and the London Eyesore.
Wasted opportunity “Electric Boulevard” surely it’s “Electric Avenue”
I thought the same thing. It might make it a bit more inviting. I wouldn't want to live there, even if I could afford it.
BOY!....
There is an "Electric Avenue" in numerous North American cities, I would think it's a little overused and out of date now.
Electric Avenue is in Brixton, which is not far from Nine Elms. Having two nearby isn't a great idea.
Yes Electric Avenue is in Brixton but it’s references the power station obviously.
Whatever it be neither rent not ownership would be affordable by commoner ..here
And how many of these expensive flats are going to be bought as investments by foreign well-to-do with nothing else to show?
Cant put my finger on it exactly, it seems like a topsy turvy neigborhood to me. There is something essential lacking, and cant describe what is is. Its all too boutique and pretencious.
It's because we've seen this shit a billion times and we all know how it's gonna go. 1/3 finance bros with no connection to the area they gentrified, 2/3 unoccupied speculation properties
@@junecarter2455 Ah yes. Ghost town (for the affluent) was the word I was looking for :-)
@@Funkywallot pretty much ye
I have lived in this area all my life and all I see is social cleansing In this project and I’m glad I am moving out of London as far as way as I possibly can and I will never come back to this area ever again🔴
I would like to see the UK have its equivelant of a Silicon Valley some where in London, sort of like a focused area where local (UK based) emerging tech firms are centered. The UK loses lot of its bright technopreneurs, educators, etc to America. The US is where they get the funding for startups because there aren't many people willing to take risk here to support new ideas. The only really big area the UK is strong at is finance, but it is typically supporting traditional industry. It is time for UK, European and countries around the world to stop losing some of its best and brightest to the US. Why make another country great? America has relied on immigration from around the world to keep it afloat, and even though lot of it is a facade, it is still time to keep our talent on our shores.
I realise your comment is a year old and lots of things happen in that time, but London is the tech hub of Europe and there are various "tech areas" in London. Look at Holborn, Kings Cross, Old street and the hipster triangle (Dalston, Shoreditch, Hoxton). Amazon, Google, Facebook and so on all have big offices there, side by side with start ups
The UK does already it's called Silicon Fen and it's in Cambridge/Cambridgeshire
Love it mate
Battersea Plant develop by Malaysian company, Sime Darby