"This is the most exciting development opportunity in Europe. Improving
a central London area on this scale will never happen again in
our lifetime"
Norman Foster
Last stage commercial partner documents released for £1.5 billion Elephant and Castle regeneration
July 2006
Southwark Council has released documents marking the third and final stage of its European procurement exercise to find a commercial partner for the £1.5 billion regeneration of Elephant and Castle.
The documents contain results of three years of detailed design and technical assessment of Elephant and Castle, undertaken by the council and its professional team.
The developers still competing from an original short list of eight are:
· Key Property Investments (a joint venture vehicle between St Modwen and Salhia)
· Lend Lease Europe Limited (in collaboration with First Base and Oakmayne)
· Oceancrest (a consortium of Blackfriars Investments, Le Frak Organisation, Chelsfield Partners and Glebe Holdings)
The developers submissions are due back to the council by 31 October, following which they will be carefully evaluated and assessed by the councils executive committee around the turn of the year.
-
Development Framework
The regeneration of Elephant and Castle is happening. -
Regenerating the Elephant
This is an exciting time for the regeneration of Elephant and Castle. 80% of local residents want this area to change for the better and we are delivering on our promise to provide quality architecture, new homes, new shops and leisure facilities.
-
Indicative Forward Programme
Download the forecast of the September 2005 forward programme for the regeneration. Please note all dates are estimates only, and depend on a range of variables. Contact Kura Perkins on 020 7525 4919 for further enquiries.
Download (.pdf - 187 KB) -
Quarter magazine
View the second version of the Elephant and Castle Quarter magazine (hit enter to turn the pages).
Download (.pdf - 2.70 MB)
