A new community starts at Riverlight
Three years after work began on London’s biggest regeneration project, the first residents are moving in, marking the beginning of a new community on the South Bank.
“This is a key date in one of the most exciting redevelopment stories in Europe,” says Sean Ellis, Chairman of developer St James. “Nine Elms will redefine the geography of our capital. Just three years since planning consent for the scheme was granted, we have residents moving in.”
Taking its architectural expression from the former industrial warehouse buildings that lined the river, Riverlight is designed by iconic architects Rogers Stirk Harbour + Partners. In their signature style, there are six contemporary pavilions that range from 12 to 20 storeys with exterior glass walled elevators. The 813 homes are designed to maximise sunlight and the dramatic views across the river.
Nine Elms is looking to become the generator not just of new homes but also culture. As well as providing gallery space for recognised artists, the Nine Elms project also hopes to encourage young aspiring creatives in the area. St James has provided the nearby Royal College of Art with a five-year rent free studio space at the base of Riverlight One.
Hailed by London mayor Boris Johnson as "the last and greatest single prospect for regeneration in central London", the revival of Nine Elms, Vauxhall and the Albert Embankment is the final chapter in the transformation of London’s South Bank. St James alone has contributed £58.3m to the local community and by 2020, the 195 hectare site will be completely transformed. This will include the extension of the Northern Line and two new tube stations, new schools, 18,000 homes, a nine acre park and the creation of up to 25,000 new jobs.
St James is a member of the Berkeley Group which over the last five years has built a total of 15,750 new homes and 10% of all new homes in the capital.
A collection of apartments and penthouses are available at Riverlight starting at £800,000 and the scheme will complete in 2017. For further information contact St James on 020 7870 9620 or visit www.riverlightlondon.com
October 29, 2014