Lendlease have announced proposals for a brand-new commercial building at Elephant Park in zone one of central London.
With 485,000 square feet of office space, it has the potential to provide work for around 4,000 people in Elephant & Castle.
A significant proportion of the ground floor of the new building will be delivered as a publicly accessible lobby space for the local community, workers and visitors.
Kristy Lansdown, Lendlease Project Director of Elephant Park, said: “The revitalisation of Elephant & Castle has been taking place for over a decade, and it is symbolic of the area’s success and the evolution of the town centre that there is now such a clear need for new high-quality workspace. Our plans not only address this need but provide an architecturally exciting and sustainable building that we think will appeal to London’s most dynamic businesses; whilst also providing a positive social impact for the local community through opportunities for employment, new workspace and more footfall to local businesses.”
Subject to planning approval, the building will provide around 10% of Southwark’s projected requirement for new employment floorspace over the next 15 years, and it will meet a strategic need for jobs at Elephant & Castle identified in both the New Southwark Plan and the London Plan.
The construction of Elephant Park began in 2013 and Lendlease is now over halfway through the construction of thousands of new homes. Over 2,300 new homes have been completed and construction of another 646 is underway.
A decision on planning is expected before the end of 2021.