Posted on: 20 March 2020
The building projects coming to England’s capital
As part of our Building Cities blog series, we take a closer look at some of the UK’s biggest cities and their high profile construction projects.
As the nation’s capital, there is almost always a huge amount of construction projects on the go in London. From housing to theme parks, construction is booming in the capital, despite all the negative press surrounding HS2 and Crossrail.
We have picked out the ones that are expected to be some of the biggest and most important to the city.
London’s construction projects
Battersea Power Station – Nine Elms
The decommissioned coal power station has been situated on the bank of the Thames since 1929, but in the next decade, the site will be transformed dramatically.
The power station itself is a Grade 2 listed building so the external structure will remain. However, the inside of the building will be transformed into a new apartment complex with 253 new homes.
Outside, the surrounding area will be completely transformed, with hotels, offices, two tube stations and more housing units being added to the 500-acre site.
Wembley Park Development
An estimated £1bn is being spent on Wembley Park to develop the area around England Football Team’s sports stadium.
The new development will use 5 million square metres of development space to bring 5,000 new homes, a 7-acre park, a plaza, a primary school, a theatre, a hospital and shops, restaurants and office space to the area.
The project is set to open in 2024.
The London Resort
The London Resort will be the UK’s biggest theme park, bringing 535 acres of land on the Thames to life and will be 3 times bigger than any other in the UK.
The British themed resort, with 7 differently themed zones and 3,500 hotel rooms is estimated to be the size of 136 Wembley Stadiums and will include two theme parks and a water park.
The project will be one of the biggest in Europe, at 7 million square metres. The project will also bring the Ebbsfleet Garden City housing development, 30,000 jobs and new road infrastructure from the A2 to the area.
The construction of The Spire is currently on hold to install more safety escapes for upper floor residents, but once it is finished, it will be a 771-foot luxury residential tower with views across London.
Situated on Canary Wharf and only a short walk from the West India Quay station, the building will be Western Europe’s tallest residential tower. The tower is thought to cost around £800m and it’s also thought to house 861 apartments.
Insurance with Premierline
The construction industry will become more interesting and exciting in the coming years with major investments in UK infrastructure up and down the country. However, the industry also carries risk which is why it’s essential to consider insurance.
Premierline is a business insurance broker with a wealth of experience in arranging commercial and industrial insurance as well as contractor insurance and contractors all risks insurance for businesses across the UK. Our business insurance experts will assess your business’ needs and will work with some of the UK’s most well-known insurance companies to source the right insurance package that protects your business and your livelihood. Get in touch with one of our insurance advisors today to discuss your insurance requirements.
Compare business insurance
The information and tools contained in this guide are of a general informational nature and should not be relied upon as being suitable for any specific set of circumstances. We have used reasonable endeavours to ensure the accuracy and completeness of the contents but the information and tools do not constitute professional advice and must not be relied upon as such. To the extent permitted by law, we do not accept responsibility for any loss which may arise from reliance on the information or tools in our Insight Hub.