VSM, a joint venture between VINCI UK Developments Ltd and St. Modwen Ltd, has received planning permission for a new 26-storey Nine Elms residential tower in London
The Nine Elms residential tower is under the scheme, known as Apex 1, and will deliver 201 new homes as well as retail space as a result of VSM’s New Covent Garden Market redevelopment.
The Nine Elms residential tower is adjacent to the Nine Elms Northern Line tube station and close to the new US Embassy, forming a key part of the Vauxhall Nine Elms Battersea (VNEB) opportunity zone.
Designed by Glenn Howells Architects, ‘Apex 1’ is the first building of the wider Apex development site which has outlined consent for a further 422 homes and commercial space.
Apex 1 will be highly sustainable, near net zero development, and will incorporate an architecturally distinctive two-storey pavilion to house ground-floor retail and a first-floor amenity area for residents, as well as a roof garden.
The Nine Elms residential development will also provide a permanent landscaped pedestrian link between the Nine Elms Linear Park and Nine Elms tube station.
The Apex site is one of four sites that form part of the ongoing transformation of New Covent Garden Market by the VSM joint venture under a Development Agreement with Covent Garden Market Association.
Once complete, the redevelopment of New Covent Garden Market will provide a transformation of the market site and will create a vibrant and distinctive new London District.
Delivering new homes in the Nine Elms district
Nick Smith, senior development manager at St. Modwen, commented: “Apex 1 promises to be a high-quality new scheme for Nine Elms.
“This latest planning decision means we can deliver new homes for the area while achieving another important milestone for the transformation of New Covent Garden Market.”
‘Designing sustainable developments which create a positive legacy’
Graham Lambert, managing director of VINCI UK Developments, added: “This Planning Consent represents a key milestone for the VSM Partnership and the redevelopment of New Covent Garden Market, and highlights our key priority of designing sustainable developments which create a positive legacy.”