A landmark construction in south London is to be the centrepiece of a new development.
The Old Kent Road gasholder will become an architectural installation as part of developer Avanton’s £230 million project.
The gasholder is one of the few remaining Victorian gasworks in London. Now a Grade II-listed structure, it was the biggest in the world when it was completed in 1881.
Known as a gasometer, this type of construction was once a common site in UK cities and is a massive container that stores thousands of cubic metres of gas.
Avanton intends to build hundreds of homes and offices on the four-acre site. The gasholder will become the centrepiece, potentially including a pavilion, water features and gardens.
The developer has also bought two other sites on Old Kent Road. In total, the company will invest £800 million across the three sites, providing more than 2,100 new homes.
Omer Weinberger, managing director of Avanton, told the Evening Standard: “The £230 million scheme will result in a significant contribution to the local community through the provision of homes, a substantial commercial offering and public open space.
“Our trio of projects will help to spearhead the transformation of Old Kent Road into a new town centre for London.
“Along this, there is the planned extension of the Bakerloo line with two new stations on Old Kent Road.”
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