One Nine Elms facts for kids
Quick facts for kids One Nine Elms |
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Artist's impression of One Nine Elms
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General information | |
Status | Under construction |
Type | Residential & hotel |
Location | London, SW8 United Kingdom |
Address | 1 Nine Elms Lane |
Coordinates | 51°29′05″N 0°07′41″W / 51.484827°N 0.128072°W |
Construction started | 2015 |
Completed | autumn 2023 |
Opening | 2023 |
Cost | 1 billion |
Owner | R&F Properties |
Height | |
Roof | 199.4 m (654 ft)/160.1 m (525 ft) |
Technical details | |
Floor count | 58/42 |
Design and construction | |
Architecture firm | Kohn Pedersen Fox (KPF) |
Structural engineer | AKT II |
Quantity surveyor | gleeds |
Main contractor | Multiplex |
Designations | Project Director Leigh Greenway |
One Nine Elms is a mixed-use skyscraper scheme currently under construction in Nine Elms, London. It was originally developed by Wanda One, a UK subsidiary company of Dalian Wanda, until they sold the project to R&F Properties, another Chinese firm in 2018. It has been designed by architects Kohn Pedersen Fox (KPF). The development will replace two towers on the site built in the 1970s called Market Towers and forms part of a wider redevelopment of the Nine Elms area of London. The development will include 494 residential apartments and a Park Hyatt luxury hotel. Upon completion, anticipated to be in 2022, One Nine Elms will become one of the tallest residential developments in London and the United Kingdom.
History
Original proposal
In 2008, property developer Green Property bought the One Nine Elms Lane site, which lies in Nine Elms just south of the River Thames within the London borough of Wandsworth, from Allied Irish Bank.
On 18 June 2012, Wandsworth Council granted planning permission to Green Property along with project managers CIT Group for a mixed-use scheme consisting of residential apartments, offices and shops to replace two 1970s buildings on the site known as the Market Towers. The approved proposals included two skyscrapers of 200 m (656 ft) and 161 m (528 ft).
Wider regeneration
The construction of One Nine Elms is part of a wider redevelopment of the Nine Elms area of London which will include 16,000 new homes as well as the relocation of the U.S. Embassy in London from Grosvenor Square, Mayfair.
Construction
Demolition of the Market Towers began in May 2014 by McGee Group and was completed in April 2015. Foundation works are taking place following demolition.
In April 2015, it was announced that the developer had awarded the main contract for One Nine Elms to China's largest construction group China State Construction Engineering Corporation (CSCEC) as well as Interserve in a joint venture known as CI-ONE. However, that deal collapsed in April 2016, with Balfour Beatty becoming the new contractor, signing a pre-construction agreement with Wanda One in July 2016. However, that contract came to an end in November 2016 after the two companies failed to agree terms for a new main build contract. In January 2017, Multiplex was announced as the new main contractor for the development.
In January 2018, Wanda sold their interest in the project to R&F Properties, another Chinese firm, for £59 million.
In November 2020, it was announced that the complex's luxury hotel, originally to be branded as a Wanda Vista Hotel, would instead be branded as a Park Hyatt.
Construction of One Nine Elms is expected to be completed in 2022.
Location
The building is located on 1 Nine Elms Lane, in the London borough of Wandsworth. The nearest station is Vauxhall.