Posts tagged Southwark Council

British Land reaches key milestone in London redevelopment

British Land reaches key milestone in the redevelopment of Harmsworth Quays

The first step has been taken to allow the redevelopment of the 14.57 acre Harmsworth Quays printing works site in Canada Water, South East London, to go ahead.

Southwark Council has given its approval for the Daily Mail General Trust (DMGT) to assign its leasehold interest in the site to British Land.

The decision is a key milestone for the development which has the potential to deliver significant improvements to the local area and create new trade jobs.

Cllr Fiona Colley, Cabinet Member for Regeneration at Southwark Council, said: “In addition to new homes, the redevelopment of Harmsworth Quays has the potential to deliver the town centre and jobs that Rotherhithe really needs.”

British Land will now begin working up proposals in consultation with Southwark Council and the local community to realise the full potential of this important site. Vacant possession of the site will be available later this year following the relocation of DMGT’s printing operations to Thurrock.

Southwark Council, which is currently developing policy to guide the redevelopment, will be adopting a preferred option of its Area Action Plan in May for consultation. This will emphasise the council’s and community’s vision to create a mixed-use town centre at Canada Water.

Both Southwark Council and British Land have committed to exploring the potential to create a new campus for Kings College as part of the scheme, to complement their proposals for the adjoining site at the Mulberry Business Park.

Nigel Webb, Head of Development for British Land, said: “We are delighted that the London Borough of Southwark has agreed the assignment for Harmsworth Quays. We can now begin the process of working with the local community, the London Borough of Southwark and other key stakeholders to bring forward a new, mixed use development in the heart of Canada Water.”

Elephant & Castle regeneration to create 6,000 new jobs

Planning permission granted for Elephant & Castle masterplanSouthwark Council has given the go-ahead for a transformed Elephant & Castle, representing significant milestone in the regeneration of Central London that will create new jobs and boost the trades.

Lend Lease, the integrated property and Infrastructure Company, will work with the Council to deliver a masterplan that will see the creation of one of the largest new housing developments in London.

By 2025, the scheme is expected to deliver 2,500 new homes, shops, restaurants and community facilities, paving the way for over 6,000 new jobs in the construction industry.

Mark Dickinson, Managing Director of Lend Lease’s Development business in EMEA, said: “The £1.5bn regeneration of Elephant & Castle is now underway.

“The approval of our masterplan vision sets in motion our long-term plans and our commitment to the area. We’ve set out our blueprint for the future but there is a lot of detailed work to undertake and we’ll continue working with the community at every step.

“At the heart of everything we do is the desire to create a sustainable place to live. A truly sustainable environment needs to bring economic benefits, support business growth and local job creation.”

The  new neighbourhood will be a low carbon energy development and the masterplan is currently one of just 18 global projects to be accepted as part of the Clinton Climate Positive Development Programme, designed to showcase and support large-scale urban projects that are ‘climate positive’.

There will also be significant improvements and investment in public transport, along with new pedestrian and cycle paths that will create one of the best connected locations in London.

Chancellor Peter John, Leader of Southwark Council, said: “We now have the opportunity, working with local people and our partners Lend Lease, to continue the transformation of the area as a place where people want to live, work, shop and relax.

“The regeneration of Elephant & Castle will take time, but this announcement, and the starting of work on a brand new leisure centre, are all crucial steps towards a greener, safer and more attractive place in central London that people will be proud to call their home.

“It is so exciting to see this vital project gain momentum so that people will finally begin to see those much needed improvements being made on the ground.”

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