[5] On 18 June 2012, Wandsworth Council granted planning permission to Green Property along with project managers CIT Group for a mixed-use scheme consisting of residential apartments, offices and shops to replace two 1970s buildings on the site known as the Market Towers.

[6] In June 2013, Green Property sold the One Nine Elms site to Chinese developer Dalian Wanda.

[8] In April 2014, Wandsworth Council approved revisions for the scheme subject to support from the then London Mayor Boris Johnson.

[8] As part of the scheme, Dalian Wanda were required to pay £20m to contribute to the London Underground extension of the Northern line and for affordable housing which was built in another location.

[20] However, that deal collapsed in April 2016, with Balfour Beatty becoming the new contractor, signing a pre-construction agreement with Wanda One in July 2016.

[18][19] Progress slowed by February 2022 as R&F Properties was reported to have stopped paying the main contractor Multiplex.

[24] In June 2022, the company secured £772m of additional funding, and a new completion target date of late 2023 was set.