Work can now begin on £5.5bn scheme next year

Plans for the redevelopment of Battersea Power Station have been given final approval by Communities secretary Eric Pickles.

In a letter to Wandsworth Council, which has already approved the plans, Pickles today confirmed he would not be calling in the application, meaning developer Treasury Holdings can start work on the site next year.

The scheme, which forms part of a wider regeneration of the Nine Elms area including a £500m extension to the Northern Line, is worth an estimated £5.5bn.

Rob Tincknell, managing director of Treasury Holdings, which took on the site in 2006, said: “We are delighted to have received final approval for the scheme and would like to thank the local community, Wandsworth Council, the Mayor of London, and the Secretary of State for their support and valuable engagement throughout the process.

“Following productive talks with a number of potential investors, we now look forward to bringing an investment partner on board and commencing with the development of the site and the regeneration of the power station.”