Nine Elms is central London’s largest regeneration area – anchored by the Power Station to the west and New Covent Garden Market in the east there are about 450 acres on the Thames riverside, at one point just a mile from the Houses of Parliament.
The event will launch Nine Elms, Wandsworth – Regeneration in the heart of London which forms part of Wandsworth’s recession fighting programme.
Nine Elms has already got a major boost with the decision of the US Embassy to move to land around the Ponton Road area. Not only will this generate direct employment (most embassy staff are locally employed, and the embassy is likely to twice the size of the current Grosevenor Square) but it is likely to attract other businesses associated with the embassy to the area.
The recession will not last forever, and the council, through events like this, is seeking to ensure Wandsworth not only fights the effects of recession, but comes out strong on the other side.