Artworks Elephant gets planning permission
The temporary development will be built on the site of the former Heygate Estate and will provide low cost retail and business space for creative and start-up companies as part of a regeneration initiative by Lend Lease and Southwark Borough Council.
To be known as Artworks Elephant, the development will provide space for around 60 different occupiers with a focus on small and start-up companies. It is hoped that those retailers and businesses joining Artworks will eventually take permanent space in the new high street on Walworth Road and Heygate Street which will be created as part of Lend Lease's £1.5 billion regeneration project.
The developers said the recycled shipping containers will be refurbished into innovative spaces to suit a range of different occupiers. Artworks will also feature a restaurant and café grouped around a newly created open space.
The temporary shopping mall is one of many interim uses that Lend Lease and Southwark Council will be exploring during the course of the 15-year long regeneration project.
Charlie Fulford, director of Artworks, said: “This is an innovative project that will bring immediate economic and social benefits to the Elephant & Castle and help establish a real sense of place. We hope Artworks will be a lively and vibrant place for the occupiers as well as all the visitors to the site.”
Cllr Colley, cabinet member for regeneration at Southwark, added: “The idea of the interim uses and creative projects in and around Elephant & Castle is to make sure that Walworth continues to thrive during substantial change, especially while the demolition and construction work takes place. Walworth is already a popular area for artists and students in the creative industries and is a hub for small businesses and independent retail. Artworks will provide temporary space for more of these types of business and support our drive to boost the local economy."
Over the next 15 years, Lend Lease and Southwark Council’s regeneration of Elephant & Castle will create around 5,000 new jobs in the local area. It will also deliver nearly 3,000 new homes as well as 160,000 sq ft of retail space.
Artworks Elephant is expected to open in early 2014.
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