02 Apr Elephant and Castle Town Centre Regeneration sponsors Southwark Business Excellence Awards
The Southwark Business Excellence Awards are delighted to announce Elephant and Castle Town Centre Regeneration as a sponsor for the programme.
The company, which is redeveloping Elephant and Castle shopping centre, is supporting the Best Charity or Social Enterprise category.
The redevelopment of Elephant and Castle Town Centre is integral to Southwark’s wider regeneration plan for the area. It will enable the delivery of a thriving new zone 1 destination, which will become a focal point for the local community.
The shopping centre will be redeveloped to include a range of high street and independent retailers, enhanced restaurant and leisure opportunities and a new cutting-edge university campus for UAL’s London College of Communication – complete with exhibition and cultural space. This will sit alongside a new Northern line tube entrance and ticket hall and will connect the new Elephant and Castle Town Centre with the wider developments underway in the area.
Benefits of the redevelopment include:
- 979 new homes, on a site where none currently exist and at a time when the Capital’s housing provision is under significant strain. 35% of these will be affordable, including 116 social rented homes managed by Southwark Council or another registered providing and be offered in priority to people living and working in Southwark.
- A new Northern Line entrance, escalators and ticket hall, with better accessibility and step-free access to Elephant and Castle mainline railway station.
- A cutting-edge new building for London College of Communication, UAL and a centre for UAL’s core university services, ensuring the leading education establishment can remain in the area. It will secure existing jobs in Elephant and Castle as well as relocating UAL staff to the area, alongside a more permeable space for public exhibitions and events.
- Around 175,000 sq ft of new leisure facilities, shops, cafes and restaurants.
- Space for community leisure uses.
- On-site affordable retail and workspace facilities.
- Significant job creation during the build, with 1,230 construction workers per year needed across the ten year build time and almost 2,000 full time jobs being provided in the new town centre
2.5 acres of high quality public realm including new safer pedestrian routes, railway arches and a public square.
Head of Awards, Julie Leggatt, said: “The Southwark Business Excellence Awards are delighted to have the backing and input of the Elephant and Castle Town Centre Regeneration, a project which will bring such positive changes to housing, business, education and transport facilities in the Southwark borough.”