Friday, 21 May 2010
An artist’s impression of the Vauxhall Cross towers
DEVELOPERS have revealed £170million plans for two towers in an area where community campaigners have bitterly fought high-rise developments.
The project at Bondway in the heart of Vauxhall Cross is being funded by the chief executive of Middle Eastern oil company FAL Oil.
Developers Kylun Ltd own the site, and have financial backing from the United Arab Emirates-based company director.
The development will see a 42 and 31-storey tower erected with views over the Thames.
But community campaigners have fought previous applications to build high-rise apartments in the area.
In March, residents demanded a Lambeth council planning committee reject the Octave Tower development in Bondway.
They said the high-rise buildings would “condemn” Vauxhall to become like Manhattan in New York.
Jane Michelson from Bonnington Square, Vauxhall said: “We are going to fight developments like this all the way, right down the line.”
The Octave application was rejected by councillors.
The new “elegant” design has been created by architects Squire & Partners. Michael Squire, from the firm, said:
“Our proposals are designed to deliver a new focal point for Vauxhall connected to bus and train stations.
“We are focusing on improving the ground-level environment and providing new animated retail and restaurant frontage.”
The project would create 310 apartments and a 180-bed hotel with a “sky bar” open to the public on the 14th floor.
The developers said the scheme would create more than 450 new jobs in Vauxhall.
Adrian Owen, from property consultants Montagu Evans which is representing Kylun Ltd, said:
“This key site has previously been neglected.
“In its current state, it does nothing for the local community aside from being an eyesore as you emerge from the Tube station.
“We hope to be able to deliver a scheme that reinvigorates this part of Vauxhall.”
* A public exhibition will be held at Vauxhall City Farm today from 2pm to 8pm and tomorrow from 10am to 3pm.
Planning applications for the development are expected to be submitted to Lambeth council this summer.