Contractors working in the construction industry will be pleased to hear that Wandsworth Council has approved two development projects, which could potentially create thousands of jobs.
And it’s not just freelancers working in construction that could benefit from these two major developments either, as the ‘One Nine Elms’ scheme will be building two mixed use tower blocks; with a hotel and office space creating up to 600 new jobs.
It is thought that up to 24,000 construction jobs could be created from the various developments, including the New Covent Garden Market scheme, which would see the country’s biggest fresh produce market completely overhauled; as well as a £63million extension of the underground’s Northern Line.
The completed district could create an additional 25,000 new permanent or freelancer jobs for the London area.
Wandsworth Council’s planning chairman Cllr Nick Cuff said, “We’re making tremendous progress in Nine Elms. Each new development will create new homes, new open spaces and new job opportunities for local people.
“By the time the process is complete this old industrial area will have become an ultra modern district on the South Bank, complete with new parks, a public market, two more tube stations, new cultural attractions and all sorts of exciting new businesses. It will be a remarkable transformation.
“The modernisation of New Covent Garden Market is designed to safeguard the future of 2,500 jobs and comes with a contribution of around £63mn towards the Northern Line Extension.”