The Elephant and Castle Town Centre redevelopment is one of Central London’s largest regeneration projects. This multi-phase, mixed-use development incorporates the completed Elephant Central on Elephant Road, redevelopment of the shopping centre and a final phase being the redevelopment of the existing London College of Communication, UAL site.
Get Living will be the long-term operator and guardian of the town centre, backed by a partnership between DOOR (a joint venture between Delancey’s client fund DV4 Ltd and Oxford Properties) APG and Qatari Diar. This partnership also owns East Village, the former London 2012 Athletes’ Village.
The town centre is being brought forward in three main phases. The first phase of development at Elephant and Castle opened in 2017 and is managed by Get Living. Elephant Central incorporates 374 homes for rent alongside 278 student studios, across three buildings. Retail and leisure within the first phase includes a supermarket, a gym, a nursery, and independent retailers including restaurants Tupi and Pizzeria Pappagone, with further retailers on Ash Avenue and Castle Square. Created and supported by the Elephant & Castle Town Centre team, Castle Square is a purpose-built shopping destination set around a public square and home to traders with a long local history.
The second phase is currently underway and focuses on the comprehensive redevelopment of the former Elephant and Castle shopping centre into a new town centre that will serve as the hub and focal point of the local community. Alongside a range of retailers, restaurants and leisure space, there will be a further 485 new homes to rent (313 market rent and 172 affordable rent), a new cutting-edge university campus for London College of Communication, UAL, and a new Tube station entrance and ticket hall. With Multiplex now appointed, the second phase construction is targeted to complete in 2026.
The third and final phase will be delivered on the existing London College of Communication, UAL site following their move into their new campus. This phase will provide a further 498 new homes (333 market rent, 49 affordable rent and 116 social rent) as well as retail space and a 500-person capacity cultural venue.