Elephant and Castle’s shopping centre closed its doors for good last week – but what happens now?
The centre’s doors are now locked, the iconic statue taken down for refurbishment before being temporarily installed in Castle Square, and businesses have either shut shop or been relocated.
Thursday, September 24, was a watershed moment in the history of SE1.
Demolition is expected to begin in October to make way for the first phase of development, taking approximately five years. A second phase, including house building, will take the project until the end of the decade.
Campaigners, who say 40 traders are still left without their livelihoods and nowhere to go, gathered outside the centre to protest last week, promising their fight is far from over.
The regeneration scheme’s proponents – including Southwark Council – argue the building had outlived its lifespan and was in dire need of knocking down.
The three billion pound scheme aims to take the decrepit ’60 icon and recreate its original aim to be a destination shopping zone – a ‘Piccadilly of the South’ – as it was once marketed – and turn it into a new ‘town centre’.
London’s first shopping centre will make way for a new design including retail space, restaurants, bars and housing on land where there are currently no homes, a new campus for the London College of Communication, and new ticket hall for the Northern line.
The long lobbied-for Bakerloo line extension is also largely contingent on the regeneration going ahead.
Although the designs will see nearly a thousand homes built on a site not owned by the council – only 116 of them will be at social rent; i.e. council housing.
The first iterations of Delancey’s plans outlined far fewer council homes. The number was significantly upped after an effective and coordinated campaign and sustained media attention, which also secured a number of key concessions for traders.
The closure was delayed by several months due to the pandemic. It comes after years of hugely controversial and three-times delayed planning decisions, and an increasingly bitter war of words between campaigners and the plans’ developer; Delancey.
As the News has reported, campaigners had angrily rebutted Delancey’s claims they were sharing ‘misinformation’ online about the number of traders rejected from financial support or new ‘affordable’ premises.
A last-ditch attempt to set up new market stalls on the roundabout to house the remaining traders had been submitted to City Hall just weeks ago.
The News understands the site is too close to the demolition and construction work, posing health and safety concerns.
Affected market stall holders have seen alternative sites across London but are yet to find somewhere suitable, rejecting some offers due to location concerns.
On Saturday, September 26, Castle Square officially launched. 26 traders signed on for new leases while the new centre is under construction. Other businesses have moved to nearby Ash Avenue. They include AA Grocery Store, Daddy O’s, Maya Clothing and Forever Hair Salon.
It is understood La Bodeguita Restaurant will be relocating ‘nearby’ and opening in early 2021.
The 35% campaign and Latin Elephant have conducted a huge amount of research into the make-up of the area’s traders and customer base, and the individual circumstances of those affected by the regeneration.
They say around 130 traders were operating in the centre and its immediate surrounds in 2018 but, according to Delancey, only 79 independent traders qualified for the relocation scheme and only 61 applications were ‘valid’.
This figure is made up of 42 from the shopping centre, 35 market traders and two businesses based in railway arches.
Delancey says only those in direct operation of and trading from their units were eligible, and not those who traded from more than three sites or anyone sub-letting against the terms of their lease.
They maintain businesses applying for relocation needed to have a ‘robust finance record’ and rent payment history.
Funds offered to help cover the cost of relocating continue to be available – so those who have put a move on hold during Covid-19 can still access the support in the coming months.
The real test will be whether Castle Square can give traders the best of both worlds: their old customers and new business, whilst retaining something of the shopping centre’s character.
Given the challenges presented by the Covid-19 pandemic and and a drop in footfall across central London, harder times may well be ahead.
Traders open for business at Castle Square
- AA Grocery Store
- Coma Y Beba
- Natural Herbal Products
- Anna Castro Boutique
- AR Accessories
- Ayca Sweets and Nuts
- Games and Gadgets
- Magic Carpet
- Maya Clothing
- Andrea’s Hair and Beauty
- Kaiteur Kitchen
- Forever Hair Salon
- Raw Fashion
- JZ Mobile
- Daddy O’s
- Laughland Communications
- D & Eddy’s
- Original Caribbean Spice
- El Guambra Restaurant
Businesses in Ash Avenue at Castle Square:
- Lonnie’s Unisex Hair & Beauty Salon
- Nicole’s Alterations
- Medellin Moda
- Stella Fashion
- Z Repairs Watch & Phones
- Inara Transfer