Southwark firms benefit from Aylesbury regeneration

Businesses in Southwark are already benefiting from the Aylesbury regeneration – to the tune of £1m so far – a sign of Notting Hill Housing’s commitment to the borough.

As part of the business plan for the project, we pledged that a figure equal to 10 per cent of construction costs would be spent with local firms.

That target would currently stand at £440,534, yet the total spent with Southwark businesses has already reached £1.19m – almost three times the target sum.

Companies that have benefited from the Aylesbury regeneration range from supply chain partners, such as architects like Cottrell and Vermuelen, to community partners commissioned to deliver projects, such as Social Life who carried out a resident survey.

Local groups have benefited from small grants, including Aylesbury Community Garden, Surrey Square Primary School and Missenden Tuesday Community Club. Also, local caterers like Electric Elephant Café, Indulgent Sugar Plum and Cally Munchie have been used for events, while local providers including Training Circle have offered Construction Skills Certification Scheme (CSCS) training.

Meghan Doyle, Head of Community Investment for Notting Hill Housing, said: “Not only have we spent money with Southwark businesses but, particularly with many of the smaller businesses and start-ups, we have also invested in building their capacity to support their long-term viability and sustainability.

“This forms part of our wider commitment to creating a positive social and economic impact in the borough. Through targeted investment, tailored support, capacity building and a dedicated team, we ensure that local businesses and residents are able to directly benefit from the range of opportunities arising from the regeneration.”

In addition to the support for local business, Notting Hill Housing is also committed to providing 1,400 job, training and apprenticeship opportunities for Southwark residents over the lifetime of the project.

Cllr Mark Williams, cabinet member for regeneration and new homes at Southwark Council, added: “The regeneration of the Aylesbury is about more than new homes, it is also making sure that local people and businesses have the opportunity to benefit from the work happening on the estate. This is a fantastic example of how regeneration schemes can offer benefits to the local economy and support local businesses and community groups.”

But Notting Hill Housing’s commitment to Southwark doesn’t end there. We have also signed a Partnership Charter with the council outlining both parties’ vision for excellent communities that offer a safe and welcoming environment to both new and existing residents.

It lays out our joint mission to deliver the most dynamic and successful housing programme in London – one that is recognised as a great working example of the partnering approach. Taking into account the Aylesbury and other ongoing projects at Wooddene, Manor Place and Canada Water we have a total of 5,208 homes in our current pipeline for Southwark, 43 per cent of which will be affordable housing.

Kate Davies, Chief Executive of Notting Hill Housing, said: “We have a great relationship with Southwark Council and our pipeline contains thousands of homes to be built in the borough. We are committed to creating thriving communities both on the Aylesbury Estate and beyond, and this charter further demonstrates that desire.”