National Grid is to turn derelict gasworks in London and
the south east into thousands of new homes in a plan to cash in on £500m of
unused land. The pipes and pylons operator, which once described its property portfolio
as “a well-kept embarrassing secret”, is teaming up with homebuilder Berkeley
to build 14,000 new homes inside the M25 over the next 15 years. The plan means
that some of the capital’s eye-catching gas holders, built by the Victorians
but out of use since the 1960s, will be demolished to make way for houses and
parks, transforming 84 acres of disused brownfield land into public space. Read more on the Guardian website.
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