Sunday 26 February 2017

US embassy plans inspire naming of Mulryan's giant London development

Emmet Oliver Deputy Business Editor

Developer Sean Mulryan owns the site
surrounding the new US embassy,
near the Battersea power station on
the Thames. The embassy will be
fronted by a security moat
Developer Sean Mulryan owns the site surrounding the new US embassy, near the Battersea power station on the Thames. The embassy will be fronted by a security moat

DEVELOPER Sean Mulryan is expected to name his giant property scheme in south-west London "Embassy Quarters", after the US government unveiled its new "glass cube" embassy in the area this week.

Mulryan, of Ballymore Properties, owns large tracts of the Nine Elms development in south-west London and a new US embassy is set to be the anchor tenant. The scale of the new embassy design, complete with moat, is likely to persuade other tenants to become part of the scheme.

Ballymore sold the land at Nine Elms to the US government, but retained all the land around the embassy site for its own development.

The company acquired the land over a number of years through individual land purchases and joined it together. Ballymore, which is believed to be the largest Irish development company, is hoping a recent endorsement of the area by Mayor Boris Johnson will boost the area further.

This week, an innovative design for a new London US embassy by architect Kieran Timberlake, was unveiled. It aims to be one of the greenest buildings ever built in Britain and it will have several security enhancements, including bomb-proof glazing.

David Brophy, Ballymore chief executive said: "The move of the US Embassy to Nine Elms will act as a catalyst to the regeneration of the whole area and we are delighted that this landmark building will be at the heart of our scheme."

Irish Independent

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