Investment firm London & Regional Properties is planning “an iconic new cultural quarter for Elephant & Castle” as part of its development of the Skipton House office block.
If all goes to plan, the scheme, designed by architects Skidmore, Owings and Merrill, should deliver 450 new homes, over 500,000 square feet of office space, and push the Elephant & Castle area’s regeneration up a couple of notches.
The new “cultural quarter”, located between Elephant and Castle Tube Station and London South Bank University, will include a new elevated and publicly accessible park, upgrades to the cycling network, and the re-instatement of a “lost street”.
A public consultation will unveil these proposals next week at London’s South Bank University.
London & Regional boats a £9bn portfolio around the world, which includes Knight Frank’s London HQ office block 55 Baker Street and the 100,000 square foot Rogers Stirk Harbour-designed Thames Wharf scheme in Fulham.
Geoffrey Springer, Head of Development at London & Regional: “London & Regional Properties are proposing a significant investment in the regeneration of Elephant & Castle, which will celebrate the area’s cultural heritage.
“This will be an iconic development, providing new cultural and community space and, most importantly, new jobs and homes. The development will also deliver new open space and a vastly improved public realm, strengthening the ongoing regeneration of Elephant and Castle.
“We look forward to meeting with local residents, community groups and businesses at the public exhibition next week to further explain our proposals and listen to what local people have to say.”
Cllr Mark Williams, Southwark’s Cabinet Member for regeneration and new homes: “This is an exciting new project that will complement and enhance our own vision for the new Elephant and Castle town centre and bring another world class development to the heart of Southwark, creating a wide range of benefits for our community. The proposals for Skipton House will transform the gateway into the London South Bank University, create new offices for local businesses, improve open and green spaces around the site and provide even more cultural amenities to the area to put Elephant and Castle firmly on the map.”