Elephant Regeneration Partner

Developer chosen for Elephant regeneration leaked in today's Sunday Times!


Aussies will do up the pink Elephant
Jenny Davey
AUSTRALIAN property giant Lend Lease is tipped to win the right to carry out a £1.5 billion plan to transform the rundown Elephant & Castle in south London into 170 acres of smart flats and shops.

http://business.timesonline.co.uk/tol/business/industry_sectors/construction_and_property/article2115097.ece

[please link to articles on other sites rather than copying and pasting in their entirety - JH]

Article in today's Standard says Lend Leese is the front runner but that if Mowden lose they will hold up the regeneration unless offered some sort of partnership.

Can you check on this latest suggestion of delaying the whole regeneration package Jackie?

We will get the decision tomorrow when, also, I land in London, will do my best to find out what's the score on this matter.

There is a formal announcement in today's Standard that Lend Leese have been awarded the regeneration contract and an article about their plans.

St Modwen have just issued this statement to the stock exchange.....

http://www.investegate.co.uk/Article.aspx?id=200707241145007539A

Thanks for posting that. Any thoughts on the choice of developer?

Here's our story.

http://www.london-se1.co.uk/news/view/2835

Lots more material to add, so the article will change substantially over the next hour.

The council's statement is here:

http://www.southwark.gov.uk/Public/NewsArticle.aspx?articleId=24453

God dont ask me PJ...I only live here! lol

To be honest the amount of information given to residents has not been sufficient in my mind to make any judgement on a preferred bidder and therefore I have to trust Southwark Council's judgement on this one!

It would have been nice if there had been more exhibitions and consultations (such as the recent 'Renaissance' stand) along the very VERY long road to this decision, but hopefully Lead Lease will take that on board going forward.....

http://www.elephantandcastle.org.uk/00,news,713,185,00.htm

More info on the decision on the E&C website.