Get Living appoints retail agents for its major mixed-use regeneration scheme, Elephant & Castle Town Centre

August 8, 2024

Get Living, one of the UK’s leading build-to-rent operators with a portfolio comprising almost 5,000 homes in five neighbourhoods across the UK, has appointed retail agents for its mixed-use Elephant & Castle Town Centre development.

Time Retail Partners and P-Three have been jointly appointed to lead the retail, leisure and food & beverage leasing of the scheme, one of the capital’s major regeneration projects. When it launches in 2026, Elephant & Castle Town Centre will be a new destination in London’s Zone 1, with 140,000 sq ft of retail, food & beverage and leisure space, 55,000 sq ft of work space and almost 500 new homes for rent. Located next to Elephant & Castle train station, it will also deliver a state-of-the-art campus for UAL’s London College of Communication and major infrastructure improvements to public transport, including a new London Underground station.

The c.50 units on the ground and first floors of the scheme will line the new public streets, which connect the train station, London Underground station, Elephant Park and the wider area, enabling a flow of residents, visitors and commuters. A new public square will sit at the heart of the scheme, providing a space for events throughout the year.

Elephant & Castle Town Centre is a central part of the wider regeneration of the area, which includes over £4 billion of public and private investments and 26 projects across the borough.

Richard Allen, Asset Director at Get Living, said: “We’re delighted to have Time Retail Partners and P-Three on board for Elephant & Castle Town Centre. Major mixed use developments such as this don’t come along very often, and we’re excited by the huge opportunity ahead of us, delivering a new retail and leisure hub in the heart of Elephant & Castle. The independent and established brands coming to the scheme will become a part of a thriving place, with the wider area already known for its eclectic mix of restaurants, cafes and bars. In the heart of the community, Elephant & Castle Town Centre will be a melting pot for local people, visitors, commuters and students alike, firmly establishing this historic part of London as a major destination for the future.

Rob Jones, Director at Time Retail Partners, said: “We are hugely excited to be part of the journey for this fantastic and important development. Elephant & Castle is such a rich and vibrant area of London, and we can’t wait to be part of the team bringing a new town centre back to both the people that live there and visitors alike.”

Hannah McNamara, Co-Founder at P-Three, said: “Helping to deliver major urban mixed-use destinations is what we do. P-Three’s aspiration to create places that have a positive impact on the people using them is totally aligned with Get Living. We both want to create locations which are truly reflective of the catchment using them. We are beyond excited to be doing that in this legacy London development’.

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Further information for Get Living contact: [email protected]

About Elephant & Castle Town Centre

Work is well underway to create a new Town Centre in Elephant and Castle, with a transformed environment for shoppers, retailers and residents, including an upgraded London Underground station and a cutting-edge new campus for UAL’s London College of Communications. The second phase commenced with the demolition of the existing shopping centre site in October 2020 and construction on site is now taking place, targeted to complete in 2026. Bringing much needed new housing to the area, phase 2 of the Town Centre will create 485 homes, including affordable homes, as well as 135,000 sq ft of shops, restaurants and leisure space.

About Get Living

Get Living is one of the UK’s leading build-to-rent investors, developers and operators. We provide quality rental homes in neighbourhoods that nurture togetherness, belonging and opportunity in a way that generates financial, environmental and social value for residents and shareholders alike.

Get Living’s portfolio has grown to almost 5,000 homes for rent across five neighbourhoods: East Village, Elephant Central and The Filigree in London, One Maidenhead in Berkshire and New Maker Yards in Salford, Greater Manchester. Future neighbourhoods are planned or under construction across the UK, including London, Birmingham and Leatherhead, delivering a further 2,600 homes.

www.getliving.com

About Time Retail Partners

Time Retail Partners are a Partner led retail and leisure property consultancy that aspires to be one of the leading advisers in the industry. Based in London, but with a strong international network of partners that they work with allowing them to help clients in key markets across the globe. The team has a wealth of knowledge and experience having come together from a number of established businesses. The team enjoy working in an ever-changing dynamic sector and prides themselves on their commitment to deliver exceptional results for their clients. Areas they cover include; retail property, leisure property, hospitality property, investment property, lease advisory, retail property leasing, retail property agency, cross-border retail property, and food and beverage property. Time Retail Partners

About P-Three

P-Three is a new breed of passionate, people-first leasing agency, building our work around an unrivalled experience of where people love to go for fun. We are Place-to-be makers, creating retail, leisure and restaurant destinations. More than just leasing, we are partners and advisors helping shape the must-go places of tomorrow. Some of our projects include St James Quarter Edinburgh, Lakeside, Trocadero London and Wimbledon Quarter London.

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