Tribeca Square, SE17
The development site is bounded by New Kent Road to the north, the Heygate Housing Estate to the east and a playground (recently relocated) and open space area which extends from the site to Walworth Road to the south with Elephant Road. The site is currently vacant but was previously occupied by a Volvo car dealership which had a frontage onto New Kent Road.
Acquired in February 2011, Tribeca Square is a cleared freehold site of 1.25 acres adjacent to Elephant and Castle mainline railway station, at the gateway to the Lend Lease/Southwark Regeneration area. The site has detailed planning consent for 36, 232.2 sq m net development comprising a mixture of entirely private residential, student, leisure and ancillary commercial uses. The scheme will provide 373 high quality one, two and three-bedroom residential apartments together with circa 450 student bed spaces.
Developer Oakmayne states that construction is due to start in 2013. They also announce they have signed supermarket Sainsbury's for the ground floor, which they will have to go back to Southwark Council in order to tweak the planning permission.