Quote: The 517 units of "affordable" homes have been consigned to the later phases of development – unlikely to materialise until 2024 – an exception allowed by Wandsworth given the upfront costs of restoring the power station. This represents only 15% of the entire scheme, way below the 40–50% expected elsewhere – a concession secured because the developer is contributing more than £200m to the Northern Line extension. It is a slippery game of deals that applies to the 20,000 luxury units currently rising up in the neighbouring Nine Elms area, ushering in a grim gated community, neatly summed up by one developer's billboard that reads "Private Residents' Club". |