Commercial Finance Specialists

Battersea Power Station development investment plans have the support of local residents, according to a recent survey.

Commercial development plans for Battersea Power Station have the approval of the majority of local residents, according to a recent survey.

Some 82 per cent of Battersea residents voted in support of the proposals by Real Estate Opportunities and Treasury Holdings UK, which hosted a public exhibition of the plans last summer.

Support was also sounded among nearly all attendees for further asset financing plans to extend the Northern Line to improve links to the development.

Commenting on the survey, Treasury Holdings managing director Rob Tincknell said: "Throughout the entire planning process we have been mindful to create a scheme which represents the aspirations and concerns of all the stakeholders involved, not least the Battersea community, so we are delighted to have received such overwhelming public support."

Master plans for the site were first published in June 2008, with feedback from 14,000 visitors.

Treasury Holdings is working closely with Wandsworth Council, as well as the local community, the Mayor of London and the Greater London Authority.