In light of current developments, we now think it prudent to look again at the feasibility and potential for the BPS site to be developed for a football stadium.

But don't hold your breath. Currently, the club can't sell up, because they don't own the freehold at Stamford Bridge, and Real Estate Opportunities, notional owners of the Battersea site, is £300m in debt and could lose the keys to the power station at any time.

Battersea Power Station - there's a "latest" [November 12, 2010]
Battersea Power Station saga latest [June 24, 2010]

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For a £2bn, 1.5m square foot development including more than a thousand apartments, plus offices and shops. Private equity giant Carlyle is behind the project, and according to this, they're using PLP Architects.

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Buying into new build is as risky as ever, but there are places, according to new research by Knight Frank, where you stand a greater than average chance of making a return on your investment. Nine Elms, in Wandsworth, is forecast growth of as much as 140%, as the area gets set for the opening of the new US embassy in 2017. Go here for a fun and effective interactive map.

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The Foxtons founder has his eyes on a parcel of land - currently a Texaco garage - which has been the subject of five previous failed planning applications in the last ten years. According to this, he's hired Rogers Stirk Harbour & Partners to draw up plans for a tower, which may potentially interfere with views from Peninsula Heights (home to Lord Archer's famous penthouse). More here.

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Wandsworth's three hotspots, according to the Telegraph:

These are the Nightingale Triangle, a trendy pocket of cottages and terraced houses near Balham and Clapham South tube stations; the so-called Toast Rack – a cluster of larger Victorian and Georgian houses located near the restaurant Chez Bruce, where a young Gordon Ramsay honed his skills; or The Tonsleys, an area of smaller houses close to Wandsworth Town train station. The last of these is where BBC One’s hit comedy Outnumbered is filmed.

And prices are - according to the piece - rising at particularly alarming rates, leaving anyone renting in the borough with the idea of swooping on a family home as soon as it hits the market  in a very expensive position.

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Brixton's famous Clifton Mansions - home around 50 creative squatters with CVs in the arts for more than a decade - were cleared by police yesterday in a violent exercise that appears to have riled not just the squatters but, we're hearing, their neighbours, too. News that the council will now be paying "live-in guardians" to protect the flats before they can be redeveloped and sold on hasn't won them any fans. More here. According to this (which also features a photograph of what appears to be Superman, cleverly disguised as a squatter, flying above the heads of shocked policemen) the last day at the CM squat wasn't its most glorious, after a party, advertised on Facebook, degenerated into violence and theft.

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New Covent Market, a 57-acre site in Wandsworth's Nine Elms Opportunity Area is - according to the BBC - among a number of public areas due to be handed to developers in a build-now, pay-later deal by the Government, aimed at meeting housing need. More here.

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In case you missed it... a very interesting piece in yesterday's Telegraph about some slightly depressing opportunities to bag historical and architectural treasures the councils can't afford to keep at bargain basement prices. Examples? The Old St Giles Hospital in Camberwell, about to go under the hammer. Another former hospital - admittedly in North Wales - recently sold for £275,000. It came with seven and a half acres of grounds. Back in south London, Southwark Council sold a split-level three-bedroom flat in east Dulwich for £240,000. Read the original piece here.

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Crikey, it's been there less than six years, but Vauxhall's "ski jump" bus station could face demolition, in a plan to build two 40-storey skyscrapers, including a hotel, offices and residential accommodation. More here.

[image by Malc McDonald]

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Compare your neighbourhood as it develops between 1896, 1899, 1915, 1920, 1938, 1949 and 1954 here. Plus scanned maps dating back to the 16th Century. Fascinating stuff.

[via Nestoria on Twitter]

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