New plans for a technological hub in Battersea emerge

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New plans fora technological hub in Battersea emerge

In anticipation of a new proposal to build a technological hub in Battersea, the Wandsworth Council has agreed to sell land it owns.

Developers 8-10 IPB UK Limited (IPB) plans to redevelop the site in Ingate Place includes the creation of a building of up to 10 storeys to host small and medium businesses. Both the council’s and the developers’ aim is to attract upcoming startups looking for a home in the growing Battersea area.

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Earlier this week, the executive committee of the Wandsworth council reached the decision to sell the land in Ingate Place that is currently used as a car park and let out by a third party.

Andy Algar, assistant director of housing and regeneration property services at the council, said: “IPB’s proposal does not yet have the benefit of planning permission but they are currently in discussions with the council’s development management officers.

“IPB’s proposed scheme involves the creation of a technological hub to serve as a platform for both local and international SME businesses with a focus on promoting collaborative workspace.“It is thought the scheme will act as a catalyst for the regeneration of Ingate Place.” he added.

According to the planning application that was submitted last month, the new site will feature:

Four-level atrium
Cafe open to the Battersea community
Coworking units

The development will contribute to the creation of new 580 jobs once completed, according to a planning statement published by Jones Lang LaSalle.

Set to be a mixed-use space that will attract local businesses and entrepreneurs, the scheme will replace the existing building that will likely be demolished.