News

Lend Lease signs affordable homes deal at Elephant

Grant Prior 11 years ago

Lend Lease has signed a deal with L&Q to be its affordable housing partner on the redevelopment of the Heygate Estate at Elephant & Castle in south London.

Construction started on the £1.5bn redevelopment scheme last week and L&Q is now on board to provide affordable housing.

L&Q will provide 54 affordable homes at Trafalgar Place on the Heygate Estate from a total of 235 in the first phase.

The first new homes are scheduled for completion in 2015.

Lend Lease project director Pascal Mittermaier said: “The regeneration of Elephant & Castle is now gathering momentum both in terms of the progress on site and the sale of new homes.”

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