The Aylesbury Estate is one of the most ambitious regeneration projects in Europe and our largest project to date, with 3,500 new homes, which is being delivered in partnership with Southwark Council and the Creation Trust.
At a glance
Construction of the new homes is anticipated to start in 2018 and the entire regeneration project is expected to finish in 2032.
- Architects: HTA, Hawkins Brown, Mae Architects
- Contractor: TBC
- Units: around 3,500 new homes
About Aylesbury Estate, Southwark
We were selected as the development partner in January 2014 with an emphasis for a rapid start on the project. Following our selection we entered into the Development Partnership Agreement (DPA) with the Council in April and only eight months later, following 17 public pre-planning consultation meetings, we submitted a detailed planning application for 830 homes on the first development site, an environmental impact assessment and outline application for the masterplan which was subsequently approved in April 2015.
We are also offering an extensive programme of community development. This includes training, apprenticeships and job opportunities. We are supporting unemployed Southwark residents in jobs across a range of fields and at a variety of entry levels. We are committed to pay the London Living Wage throughout the supply chain to the Aylesbury regeneration.
The partnership is committed to delivering a masterplan for 3,500 new homes, 50 per cent of which will be affordable homes. Of the affordable homes, 75 per cent will be for social rent and 25 per cent for Shared Ownership or Shared Equity. A minimum of 30 per cent across all tenures will have three bedrooms or more. This will help meet Southwark Council’s commitment to building more affordable and social rented homes in a range of sizes to meet housing demand. In line with the Aylesbury Area Action Plan, there will be a net increase in homes from 2,400 to 4,200.