Southwark Council has granted full approval for construction work to begin at Elephant Park, one of the largest estate developments in London.
The project, originally known as the Heygate estate (above), is part of long term ambitions to regenerate the Elephant and Castle, and the masterplan is for 3,000 homes to be built and the creation of 15,000sq m of retail space over the next 15 years.
Councillor Mark Williams, the newly elected cabinet member for transport, planning and regeneration, said: “Things are moving quickly with demolition almost complete, One the Elephant rising from the ground alongside the borough's newest leisure centre, and the first affordable homes at Trafalgar Place available early next year.
"To keep momentum going we are now ready to grant a long lease to our partners, Lend Lease, so construction of Elephant Park can begin."
A new website for the local community, which explains the council's plans for the regeneration of Old Kent Road, has been launched