Elephant & Castle Regeneration

Lend Lease and Southwark Council working together to transform the area

Lend Lease

Frequently Asked Questions

You’ll find answers to common questions below. If you can’t find the answer you are looking for, please contact us and we’ll be happy to help.

Call us on 020 3600 0001 or email us at [email protected]

What is Lend Lease’s involvement in the regeneration of Elephant & Castle?

Lend Lease is working in partnership with Southwark Council to deliver a £1.5 billion regeneration project in Elephant & Castle.

Over the next ten years, this project will deliver nearly 3,000 new homes, over 50 shops and restaurants, and a brand new park full of inner city nature right in the heart of Elephant & Castle and much more.

This represents half of the total £3 billion investment that is going into the area thanks to a major regeneration programme being led by Southwark Council. To find out more about the wider regeneration of Elephant & Castle visit the Council’s website by clicking here.

How many construction sites in Elephant & Castle is Lend Lease working on?

Lend Lease’s regeneration of Elephant & Castle is taking place across three sites:

  • One The Elephant. To find out more click here.
  • Trafalgar Place. To find out more click here.
  • Elephant Park (site of the Heygate Estate). To find out more click here.
When will the regeneration of Elephant & Castle be finished?

Lend Lease’s regeneration project is being completed in a number of phases and will come to an end in 2025, when we complete the final phase in our development at Elephant Park.

As we are delivering the project in phases, this means much of the project will be complete and in use before 2025.

For example, our sites at Trafalgar Place and One The Elephant are already under construction and are set for occupation in 2015 and 2016 respectively.

What level of affordable housing will you deliver?

The outline planning consent for our Elephant Park masterplan granted us approval to deliver 25 per cent affordable housing across the development, which will be a mixture of rented and shared ownership properties.

For a long term regeneration scheme of this nature, that will deliver many wider benefits to the local area, we are proud to have committed ourselves so early in the project to delivering this level of affordable homes.

The affordable homes will be spread across the development, allowing us to create a truly balanced community where a variety of different tenures live side by side and share the same public spaces.

The long term strategic approach to the Elephant & Castle area of Southwark Council is to rebalance the current mix of housing tenure, as well achieve increased economic vitality and employment opportunities for the whole borough, all of which our regeneration project is delivering upon.

The first affordable homes will be ready for occupation early in 2015.

What is happening to the existing trees on the former Heygate Estate?

We’ve adapted our masterplan for Elephant Park to ensure we protect some of the most valued trees wherever possible.

The Heygate Estate had over 400 mature trees and we will keep over 100 of these on the new development. 287 of the existing trees will need to be cut down to create space for the new buildings, but we will ensure that every single one of them is replaced.

We are then, in addition, planting a further 1200 trees around the wider area, meaning that by the time our project is finished Elephant & Castle will be home to many more trees than at present.

What is happening to the Elephant & Castle shopping centre?

Elephant and Castle shopping centre was purchased by a 50/50 joint venture between APG and an investment fund advised by Delancey in December 2013. The centre is managed by Savills.

The Centre’s owners are reviewing opportunities to transform the site over the coming years to provide the best facilities for local retailers and shoppers.

For further information, please visit www.delancey.com

What is happening to the Northern roundabout?

Transport for London (TfL) has been working with Southwark Council and local partners, including Lend Lease, to develop plans to transform the Northern roundabout at Elephant & Castle.

TfL announced its proposals for the roundabout in spring 2014, and held a public consultation process that came to an end in April. For more information visit TfL’s website by clicking here.

Are there jobs available on the project for local people?

Yes. Construction is a fantastic industry with many exciting opportunities, and we are committed to working with our partners to secure jobs and training opportunities for local people.

If you are looking for work and can show commitment and motivation, then please get in contact with our partner Southwark Works who will provide you with advice and support to access the jobs and training opportunities we have available.

Call Southwark Works on 0800 052 0540 or email [email protected]. Or visit Unit 239, Elephant & Castle Shopping Centre, London, SE1 6TE

How can I find out more about homes for sale?

To find out more about opportunities to buy homes on each of our three sites, please visit the below websites:

www.elephantpark.co.uk

www.trafalgarplace.com

www.onetheelephant.com

How can local businesses find out about contracts available on the project?
What is Artworks Elephant and how can businesses get involved?

Lend Lease and Southwark Council are working together to deliver Artworks, a temporary facility of 39 recycled shipping containers on the Elephant Park site that will provide low cost business and retail space for creative and start-up companies in Southwark. Situated on the corner of Elephant Road and Walworth Road, it is hoped that many of the retailers and businesses that join the Artworks will eventually take permanent space on our new development.

The project is set to open in summer 2014. If you are an interested occupier you should email [email protected] or call 020 3143 3948 for further details.

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