£2bn Elephant & Castle shopping centre scheme final go-ahead

Aaron Morby 3 months ago
Share

London Mayor Sadiq Khan has rubber-stamped £2bn plans for the redevelopment of the Elephant & Castle shopping centre in South London.

Elephant & Castle shopping centre redevelopment includes a new arcade, cinema and high-rise blocks of 1,000 homes

The approval clears the final hurdle for developer Delancey’s plans to replace the once iconic centre with a new town centre-style scheme with new homes, shops, leisure and a new university college.

Demolition of the existing shopping centre in Southwark is now expected to get underway in the new year.

Delancey is using Mace as construction adviser for the complex scheme, which will form the heart of the wider Elephant & Castle housing estate regeneration being delivered by Lend Lease.

The developer’s plan includes over 170,000 sq ft of new shops and restaurants, a 1,000 seat multi-screen cinema and a 500-audience capacity grass-roots cultural venue.

The scheme designed by Allies and Morrison also involves building several housing blocks and a landmark building for the London College of Communication.

A City Hall spokesperson said: “This development will include nearly 1,000 new homes for rent – of which 35% will be at social rent or other genuinely affordable levels – as well as community space, leisure facilities, offices, an enhanced college campus, and improvements to the nearby Underground station.

“By working with the developer and the council, City Hall have secured an unprecedented level of support for traders affected, with their rents now capped below market rates for 15 years, and have got the level of rents in the affordable homes down even further.

“City Hall have used the planning powers available to their fullest extent to make sure these plans represent a good deal for the local area, and having considered all the evidence available, have decided to approve this application.”

Latest project news

Bouygues signs off East London town hall deal for £110m

Around 500 workers on site at peak periods.
4 weeks ago

McAleer & Rushe gets go-ahead for two Maldron hotels

New Birmingham and Glasgow hotels will cost £85m to build
4 weeks ago

Telford Homes to start 260 London rental homes scheme

House builder forward funds £100m Equipment Works scheme in Walthamstow
4 weeks ago

April start for Balfour £55m Plymouth link road

Forder Valley Link Road project given £22m of Government funding
4 weeks ago

Galliford Try bags £275m Ealing council HQ scheme

Mixed-use West London scheme also includes a library and 470 homes
1 month ago

Buckingham confirmed for £120m Swansea arena

Six months of pre-construction work to now get underway
1 month ago

Lendlease wins £8bn Thamesmead development

Morgan Sindall beaten in race for 11,500 home site
1 month ago

Go-ahead for 200-home Cardiff build-to-rent scheme

Work to start on central Cardiff scheme this summer
1 month ago

Willmott Dixon wins £21m Wakefield swimming pool

Work to start next month on Pontefract Park leisure centre
1 month ago

McAleer & Rushe to start £82m Paddington hotel

Thumbs up to start 620-room Premier Inn and 19 floor aparthotel
1 month ago

Caddick wins £35m York flats and office scheme

Work to start next month on Hudson Quarter scheme
1 month ago

Mace takes control of £140m London School of Economics site

McGee completes demolition as main construction programme gets underway
1 month ago

Kier seals £30m Manchester Met student halls

Three student blocks of student accommodation comprising 6, 11 and 16-storeys
1 month ago

Galliford Try £43m bid wins Broadmarsh bus station job

Nottingham bus station and car park to be built next to shopping centre
1 month ago

Galliford Try wins £50m Assembly Bristol project

Work starts on first of three planned buildings at £150m waterside scheme
1 month ago

£2.3bn London HS2 station contracts awarded

Mace/Dragados and Balfour Beatty/Vinci JVs scoop London stations
1 month ago

BCEGI confirmed for next phase of £1bn Middlewood Locks

Another major win for Chinese contractor at Manchester site
1 month ago

Kier bags star role on £17m Manchester screen school

Work to start before the autumn on School of Digital Arts
1 month ago

Winvic wins £60m Birmingham build to rent job

Work to start in June on 14-storey Lionel House in Jewellery Quarter
1 month ago

Galliard Homes plans next major Birmingham scheme

£165m Soho Wharf scheme will be built opposite Birmingham City Hospital
1 month ago

Kier lined-up for £30m Cheltenham school deal

Gloucestershire County Council chooses contractor for Leckhampton scheme
1 month ago

Tolent wins £12m luxury retirement scheme

Main construction work to start in May at Newcastle site
1 month ago

Kier tipped for £300m City of London fringe scheme

British Land set to start Blossom Street enabling works in Shoreditch
1 month ago

Green light for landmark London office job

Site clearance to start in late spring with piling underway before the end of 2019
1 month ago

McAlpine gets green light for next Broadgate rebuild

Work to start next year on £300m London 1-2 Broadgate project
2 months ago

£200m Liverpool scheme enabling works approved

Willmott Dixon on board for eight-month remediation programme for Pall Mall scheme
2 months ago

Start date for twin Glasgow resi towers

Legal & General makes buy to rent debut in Scotland
2 months ago

Wilmott Dixon wins £23m Salford tower block revamp

Canon Green Campus scheme includes flats overhaul and an 11-storey new build
2 months ago

Firms named for £1bn East London framework

McLaren, Willmott Dixon and Wates win lot 2 of Be First framework
2 months ago

Local Preston firm bags £19m Lancaster Uni business school

John Turner Construction fends off national firms for business school project
2 months ago

Contractor services