Page 19 - Sphere No.18 (Feb 2007)

SPHERE 17
cultural facilities, retail outlets, a community centre
and extensive public spaces. Within the site stands the
Olympia Warehouse, a shipbuilding shed built in the
1840s. This will be preserved and refurbished as it has
been designated as a building of architectural interest
by English Heritage, a body that advises the govern-
ment on the UK’s historic environment.
While HW Property (Europe) has focused on de-
veloping projects in London, it is also considering
expanding into other high growth areas in the UK.
In the years to come, it is clear that it is not only the
property arm that will continue to grow in the UK; all
of Hutchison’s other businesses in the country are also
well positioned to flourish.
Hutchison collaborated
with some of the biggest
names in British architecture
THE ULTIMATE POWER RESIDENCE
THISYEAR HW PROPERTY (Europe) will embark on a huge development on the north bank of the River Thames.The
Lots Road scheme, created by world-renowned architect Sir Terry Farrell, will provide high-end and affordable hous-
ing plus commercial space and retail outlets for neighbourhood shops.
At the heart of the 1.5-acre site that straddles Chelsea Creek sits a decommissioned power station.This distinctive piece
of London’s history, which was built in 1904 to power the London Underground system, will be retained and converted for
mixed use by the community.Two new residential tower blocks will be built on either side of the creek providing a mix of
apartments and some spectacular penthouses under sloping glass roofs.
“There will be a rich variety of architecture with the two towers and the power station offering spectacularly different kinds
of accommodation. It will also make the most of its location on the river - one of London’s under-appreciated assets. People love
living on the river and enjoy the tranquility it provides,” says James Barrett, marketing manager at HW Property (Europe).
Overall the scheme will provide nearly 1.2 million square feet of residential space and 78,000 square feet of commercial
space. It is due to be completed in 2013.The intention is to create a new village with one of the largest covered public streets
in London. It will open up 650 yards of river bank and creek to public use for the first time in over 100 years, with the creek
becoming a new linear park and water garden.