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Plans revealed for next stage of Elephant and Castle redevelopment

Proposals for the next stage of the redevelopment of Elephant and Castle have been revealed by Delancey's client fund DV4 and pension fund asset manager, APG.

The proposed masterplan aims to deliver a "must-visit" town centre destination, with a combination of national and independent London based shops, bars, cafes and restaurants, interspersed between 108,000 sqft of accessible public space and benefitting from improved access, with wider walkways and a new entrance and ticket-hall for the Northern Line.

Jamie Ritblat, on behalf of Delancey, DV4 and APG, said: "Our ambition is to create a new and improved town centre for Elephant and Castle; one which complements, celebrates and builds upon the existing diversity and vibrancy that this key Zone 1 location is already so renowned for.

"Over the last 3 years we have been in ongoing discussions with key local stakeholders, the public and our partners at University of Arts London (UAL) in order to ensure we put culture, art, education and - most importantly - the needs of the local community, at the heart of our plans. We are confident that these proposals reflect this and look forward to receiving further feedback to help us deliver this vision."

Over 1,000 new homes will be built, all of which will be priced for a wide range of local earning levels, with the majority available to let on a long-term basis through Get Living London.

The existing Elephant and Castle Shopping Centre will be redeveloped and includes an integrated campus for London College of Communication (LCC), part of University of Arts London (UAL) on an adjacent site, a 1,000 seat multi-screen cinema and a previously unannounced grass-roots music venue for an audience of 500.

Cllr Mark Williams, cabinet member for regeneration and new homes, said: "The Elephant and Castle was once known as the 'Piccadilly of the South' and that's what we want to bring back to the area. Southwark is leading on a regeneration programme that we hope will bring people from all over London to Elephant and Castle to enjoy top quality shopping, arts, culture and entertainment as well as benefits for local people like new homes, our newly opened leisure centre and jobs."

The plans also feature the creation of circa 60,000 sq ft of workspace for the UAL head office staff plus 12 innovation units for start-up businesses.

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