Developer HUB has secured approval from London Borough of Southwark for a mixed-use scheme in Elephant and Castle, London.
The project will deliver 695 co-living homes, onsite policy compliant affordable homes for social rent, a major NHS health centre, and active ground floor amenity across three buildings.
The ‘Chords’ scheme is designed by architects Allford Hall Monaghan Morris and is Elephant and Castle’s first purpose-built co-living development.
Damien Sharkey, managing director at HUB, said: “As our largest co-living-led approval to date, we’re excited to be moving forward with this important site – not only for the Elephant Park neighbourhood, but for the wider co living sector.
“Securing this consent, for just shy of 700 homes, is meaningful: it sends a clear signal of confidence in innovative, community focused rental living.
“Through Southwark Council’s decision, we can bring forward a significant mixed-use scheme with high quality co living homes and much needed affordable homes for social rent, as well as essential community infrastructure including a new NHS health centre – all within an exceptionally well connected, vibrant neighbourhood.
“We look forward to working with our partners to progress delivery and bring forward a high-quality final chapter for Elephant Park that builds on the neighbourhood’s proven success.”
An NHS health centre will be located across the ground and first floors of one of the three buildings.
There will be landscaped outdoor amenity spaces, including a shared podium courtyard accessible from all buildings with a children’s play area, as well as two rooftop terraces offering elevated views and communal gathering areas. This is in addition to the established public Elephant Park.
The development forms part of the wider 10-acre Elephant Park masterplan, which includes more than 50 retail and leisure units, community spaces and a well established weekend food and craft market.