Regeneration sits at the heart of our ambition to revitalise the borough. A
wealth of positive change has already happened and there is plenty more to come.
From Peckham, Nunhead and Camberwell to Walworth and Bermondsey spa, Southwark
is undergoing a transformation unlike any other. Developments such as Elephant
Park will redefine what it means to live in central London - bringing the centre
south – and opening up new opportunities for businesses and residents alike.
Throughout the Elephant and Castle area, local people are set to benefit from
a dramatically improved physical environment with more attractive streets, high
quality open spaces and more pedestrianised areas. They will also enjoy access
to more local jobs and training opportunities as well as new cultural and
leisure facilities. Elephant Park is just one part of our £1.5bn plan to renew
the Elephant. Our 55 acre programme will create a new, exciting destination for
London over the next 15 years. It will include the creation of a new
pedestrianised town centre, market square, 5,000 new and replacement homes, up
to 450,000 square feet of retail space, an integrated public transport hub and
five green spaces.
Indeed, we are making good progress on all our regeneration schemes, across
Southwark, ensuring they deliver benefits and opportunities for all our
communities. In the last five years alone, we have completed a number of
important projects to provide affordable homes throughout the borough. We are
promoting healthy lifestyles via the transformation of Burgess Park (completed
in 2012); a £2m package of Olympic legacy projects and new opportunities to
participate in sport at the revamped leisure centre in Camberwell as well as the
brand new leisure centre, due to complete in 2014. With excellent facilities
such as the award winning library at Canada Water, some of the top performing
schools in the country and one of the lowest council tax rates in London, there
couldn't be a better time to live and work in Southwark.
Our borough has a history which stretches back to the Romans and a rich
heritage which endures to this day. Living in the Elephant you are no more than
a stone's throw from some truly world class cultural sites, including the South
Bank, Shakespeare's Globe and Tate Modern. Our two universities, London South
Bank and the University of the Arts are home to the David Bomberg Gallery and
Stanley Kubrick Archive, respectively. Now, with the new developments at Better
Bankside and the upgrade of the Imperial War Museum, the cultural offer will
only get better.
But it's not just the world famous sites which attract people to Southwark.
Throughout the borough, from trendy Butler's Wharf to the bustling East Street
Market, there's a wealth of opportunity to shop, eat and socialise at some of
the most exciting and diverse venues in London. Take a stroll in the Grade II
Listed Geraldine Mary Harmsworth Park, visit the Cuming Museum, or venture south
to shop in Lordship Lane and take in an exhibition at Dulwich Picture Gallery.
As you can see, we are proud of our borough. Elephant Park and our
regeneration programme, as a whole, demonstrates what we can achieve by working
in partnership with business and the local community. We apply the same spirit
of cooperation, innovation and imagination to everything we do and, in this way,
we will make certain that, together, we build a fairer future for all.