Lendlease launches Phase Two of Elephant Park retail and leisure development
International property group Lendlease has today announced the launch of Phase Two of its retail, food and beverage and leisure development at Elephant Park in south London, and its plans for independent businesses to operate alongside established brands.
The 16 units total 37,000 sq ft and are clustered in two distinct areas: Ash Avenue and New Kent Road and Chatteris Quarter. The initial focus will be to secure a range of businesses from the local area. Working with its partner, Southwark Borough Council, Lendlease Retail will host an open day at Elephant Park on 10 July, during which interested operators can meet the team, find out more about the development, and discuss their concepts.
Guy Thomas, head of retail at Lendlease, comments: “Working closely with Southwark Borough Council, we are ensuring the space is affordable, and therefore accessible, to local businesses, whilst also engaging with established operators from outside Southwark that fit with Elephant Park.”
Lendlease has been working in partnership with Southwark Council to deliver a £2.3bn regeneration project in Elephant & Castle since 2010. The project is breathing new life into an important part of central London, building on Elephant & Castle’s heritage to create thousands of high quality new homes, jobs, business opportunities and green space for Londoners.
London-based operators with a footprint in the capital, who would potentially add to the character of Elephant Park, are also being targeted. That continues the approach taken during Phase One, where a number of established brands are opening alongside independent local businesses.