Cardiff-based Regen World is thought to be the frontrunner in negotiations for a site close to the Vauxhall gyratory. The Vauxhall Cross island location, near to Battersea Power Station, has planning permission for two towers made up of  residential and office space, with 31 and 41 storeys respectively. Planning permission was granted in August 2012 to Wendover Investments and Kylun, a private investor consortium.