Apple has big plans for London.
The iPhone maker has agreed to lease office space at the Battersea Power Station, a decommissioned power plant near the River Thames in Southwest London. Apple (AAPL) will be the biggest tenant at the complex with nearly 500,000 square feet across six floors in the central Boiler House, Battersea Power Station said in a statement. Apple plans to move than 1,400 employees to the location, its London headquarters starting in 2021.
The Battersea Power Station is one of London’s most prominent development projects. Once complete, it will have more than 8.5 million square feet of space. Approximately half of that space will be for commercial use, including retail, offices, restaurants, and other companies. It’s owned by Malaysian shareholders Sime Darby, SP Setia, and The Employees Provident Fund.
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Apple has had a presence in London for years, but it has housed its employees across several locations. Opening the Battersea Power Station office allows Apple to consolidate its real estate holdings so that its workers are under a single roof.
The move is similar to what Apple is doing for its main headquarters in Cupertino, Calif. Next year, the company will open Apple Campus 2, nicknamed “spaceship” because of its circular and glass design. The expansive facility will have 2.8 million square feet of office space for more than 12,000 employees. It’ll also feature restaurants, a massive fitness facility, a research-and-development center, and a park. It’ll be Apple’s biggest campus by far.
For its part, Apple did not comment on its planned move to Battersea and for now, Battersea is only sharing renderings of what the complex will look like.
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“We are delighted to welcome Apple, the world’s most valuable brand, to Battersea Power Station, London’s most iconic development,” Battersea Holding Company chairman Dato Johan Ariffin said in a statement.