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Elephant Park: £2.3 billion regeneration project – the UK's first climate positive development

Lendlease has been working in partnership with Southwark Council to deliver a £2.3 billion regeneration project in Elephant and Castle since 2010. Elephant Park is part of the wider Elephant & Castle Opportunity Area, one of Southwark Council’s ambitious redevelopment programmes. (The regeneration is split across three sites: Elephant Park, Trafalgar Place and One The Elephant.)

Project overview

By completion in 2025, Elephant Park will create over 3,000 new homes, including 25% affordable housing; 6,000 new jobs (5,000 in construction and 1,000 in completed development), new offices, leisure, community facilities and shops – a proportion of which will be let at affordable rents for local businesses. Around £300m will be invested in the area including public transport improvements and wider community facilities.

The project will plant over 1,200 new trees, create 3,000 new cycle spaces and establish a local energy hub, providing net-zero carbon heat and hot water to all the homes at Elephant Park.

With a low carbon energy centre and other innovations, Elephant Park aims to be a net zero carbon development in operation, when it is complete. It will be the UK’s first Climate Positive Development and will be centred round a new 2 acre park, the largest green space in London for 70 years.


  • Energy strategies are produced for each plot, with a strong emphasis on energy efficiency and with a view to install as much renewable as commercially feasible.
  • Project is targeting BREEAM Excellent/Very Good for retail units or Level 4 under the Code for Sustainable Homes (as per planning obligation)
  • 15 townhouses have been built and accredited to Passivhaus standards.