Apple is to create a spectacular new London headquarters at Battersea Power Station in a massive coup for the developers behind the £9 billion project.
The iPhone and the iPad maker will circulate 1,400 workforce from 8 sites around the capital into what it calls “a brand new Apple campus” on the Grade II* listed former electricity generator.
Its personnel will occupy all six flooring of workplace area in the brick “cathedral of power”, that’s being painstakingly restored after 33 years standing derelict at the banks of the Thames.
In an announcement to the standard, Apple said it changed into searching forward to 2021 starting off “our new London campus” as workforce relocate to “this wonderful new improvement at one of the city’s best-acknowledged landmarks”. It brought: “this is a terrific possibility to have our complete team running and taking part in a single vicinity even as helping the maintenance of a neighbourhood rich with history.”
Apple’s main European HQ will remain at Cork, Ireland, where it employs 4,000 people, but the Battersea site will be one of its biggest in the world outside America. The Californian giant, the world’s most valuable company, will be the largest single tenant in the 42-acre complex of homes, offices, shops and leisure facilities.
The deal is understood to have taken about a year to negotiate. It will likely be seen as a major symbolic raise for the Malaysian-sponsored regeneration amid worries approximately stalling foreign investment inside the big 9 Elms improvement zone on the South bank.
Battersea electricity Station development business enterprise’s leader govt Rob Tincknell stated: “we are thrilled Apple selected to make this their home in 2021.
“it’s miles a testament to now not simplest the wonderful building, however, the wider regeneration of the forty-two-acre websites online, which offers a carefully curated mix of houses, groups, and leisure amid awesome open spaces and new shipping hyperlinks.
It has always been our clear objective to create one of London’s most thriving new communities and this commitment from Apple will undoubtedly help us achieve this goal.”
Apple is leasing 500,000 sq ft in total, making it one of the biggest single office deals signed in London outside the City and Docklands in the past 20 years.
It is expected all the firm’s “central function” staff in London in areas such as finance and human resources will move to the power station. Apple has 2,530 staff in total in the capital, including about 1,100 working in its stores.
It has taken enough space for 3,000 personnel, giving it room to rent more as its operation grows in London. The designers of the workplace space have no longer but been appointed.
Apple’s biggest London office presently is in Hanover road, Mayfair, near its flagship Regent street store, however, the company has seven others in extra London including in James avenue above the Covent garden keep.
Its new campus will represent approximately 40 in step with the cent of the office area on the strength station website online.
Apple will occupy the top six floors inside the former boiler house around a huge central atrium. There will also be three floors of shops, 253 apartments around a “garden square in the sky”, a 2,000-seater auditorium and cinemas in a scheme designed by London architects Wilkinson Eyre.
The scheme is the fourth try to keep Sir Giles Gilbert Scott’s crumbling art Deco masterpiece because it stopped powering and lights London in 1983.three have floundered however the cutting-edge owners — a consortium of Malaysian shareholders Sime Darby, SP Setia and the employees Provident Fund — have stayed devoted to the challenge considering the fact that shopping for the reputedly jinxed riverside website in 2012.
hundreds of residents expect to move into the first finished condo block — referred to as Circus West — in early December, with stores and restaurants there scheduled to open subsequent spring.
Stars acknowledged to have bought residences at Battersea strength Station include Sting and adventurer bear Grylls.
A new Zone 1 Northern Line Tube station under construction is expected to be completed in 2020.
Mayor Sadiq Khan said: “I’m delighted Apple is moving into Battersea Power Station, helping to generate new jobs and economic prosperity for London.
“It is a further sign London is open to the world’s biggest brands and the leading city for trade and investment.”
Chancellor Philip Hammond said: “Apple’s decision further strengthens London’s position as a global technology hub and demonstrates how the UK is at the forefront of the next steps in the tech revolution. It’s another vote of confidence in the UK economy.”
Wandsworth council’s leader Ravi Govindia said: “I’m very pleased to give Apple a warm welcome. They will become the largest employer in the borough and we are hugely excited that they will play a keen and active role in our community.”