485 homes (313 market rent and 172 affordable rent)
To find out about the other developments underway as part of Southwark’s regeneration programme and to view an interactive map which outlines the boundaries for each project, please click here.
The new town centre is being brought forward in three main phases.
01
PHASE 1 – ELEPHANT CENTRAL
The first phase has already completed at Elephant Central, where you’ll find a vibrant offer of shops, bars and restaurants including the independent retailers in Castle Square.
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PHASE 2 – EAST SITE (SHOPPING CENTRE)
The second phase commenced with the demolition of the existing shopping centre site in October 2020 and construction on site is now taking place, targeted to complete in 2026.
The East site will provide:
• Housing for Londoners both at affordable and market rent, professionally managed by Get Living, the UK’s pioneer in build to rent neighbourhoods.
• A combination of shops, restaurants and leisure facilities, with existing shopping centre independent traders getting first right of refusal to return to the affordable retail spaces.
• A state-of-the-art new home for London College of Communication, UAL, to offer a public facing building to welcome in the local community to exhibitions and end of year shows.
• Major improvements in transport infrastructure with; a new entrance to the Northern Line Underground providing both escalator and lift access and designed to safeguard for any future Bakerloo line extension. Step free access between the Overground Rail and Underground stations at street level.
• New London streets and a central court open to the public.
The Benefits of your new Town Centre will include…
135,000 sq.ft of shops, restaurants and leisure space
370,000 sq.ft university building for London College of Communication, UAL
High quality public realm - including 27 trees to be retained or newly planted
New tube station
New employment opportunities
10% of retail and workspace at affordable rents
55,000 sq.ft of workspace
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PHASE 3 – WEST SITE (LCC)
This phase will commence on location where the London College of Communication as the College is currently situated. The completed building will open its doors to new students and the public in 2030.
498 new homes (333 market rent, 49 affordable rent and 116 social rent)
35,000 sq.ft of shops and restaurants
High quality public realm
A 500 persons cultural venue
New employment opportunities