Communities secretary Eric Pickles has approved plans for the redevelopment of Battersea Power Station, pathing the way for a start on site next year.
The minister’s decision comes after the scheme was approved by Wandsworth council and the mayor of London and marks the final hurdle the lengthy planning process.
Site owner Treasury Holdings said it was delighted with Mr Pickles decision to green light the largest development in London.
The scheme is expected to kickstart the wider regeneration of the Nine Elms Opportunity Area, generating up to 15,000 new jobs and training opportunities for the area, and will include a new underground station on the proposed extension of the Northern Line from Kennington to Nine Elms and Battersea.
Treasury Holdings managing director Rob Tincknell 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.”