Planning framework adopted for Elephant and Castle

Fri 13 April 2012, 1:58 pm

London Borough of Southwark has adopted the planning framework for the regeneration of Elephant and Castle.

The document sets out a timetable and possible funding model for changes to the northern roundabout, and remodelling of the Northern Line tube station.

A meeting of the council heard that the public sector will pay £140 million for the works and recoup up to £50 million from developers.

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