Dutch Embassy to move to Embassy Gardens at Nine Elms on the Southbank Ballymore Group confirms deal
Ballymore Group is delighted to confirm a deal with the Kingdom of the Netherlands, which will see the Dutch Embassy move to a 50,000 sq ft site as part of the Embassy Gardens development – a landmark riverside neighbourhood in the heart of Nine Elms on the South Bank.
The Embassy will move from its current location at Hyde Park Gate in 2017. It will sit adjacent to the new US Embassy, which is already under construction and due for completion during the same year.
With 2,000 homes - from studio apartments to three-bedroom penthouses - Embassy Gardens is set to be a vibrant, lively new destination for London. A kilometre-long Linear Park - starting in Vauxhall and moving through Embassy Gardens on the way to Battersea Power Station - and 130,000 sq ft of retail, including Waitrose and two new bar and restaurant concepts from The Inception Group, form the centrepiece of Embassy Gardens.
Embassy Gardens is one of Nine Elms on the South Bank’s most important developments. Masterplanned by globally-renowned architect, Sir Terry Farrell, Nine Elms offers an exceptional opportunity: it is probably the last time that a 200-hectare area of central London will be developed from a ‘totally blank canvas’. With 16,000 new homes planned and iconic developments such as the US Embassy (which lies at the core of Embassy Gardens itself), Nine Elms has the highest forecast property value growth in London (140% by 2016. Source: Knight Frank Hotspots).
John Mulryan, UK Managing Director of Ballymore Group says: “I am delighted that the Dutch Embassy has chosen Embassy Gardens as its new home in London. Embassy Gardens has been recognised by both UK and international audiences as an exceptional one-off landmark development which will be at the heart of a new and exciting destination for central London”
Helen Fisher, Programme Director of Nine Elms on the South Bank adds: “The relocation of the Dutch Embassy to Nine Elms, the growing interest from international audiences and the pace and quality of development and regeneration is central to the area becoming recognised as the emerging landmark destination for London. This, coupled with investment in the surrounding infrastructure, including an extension to the Northern Line, makes Nine Elms an important driver for London’s future growth.”
