Articles tagged st modwen

Retail News - Revamp of Elephant & Castle eyesore draws near

A £500 million regeneration of the much maligned Elephant & Castle shopping centre is apparently “nearer now than we’ve ever been” according to St Modwen chairman Bill Oliver. The developer, who has owned the Sixties-built shopping centre for the past ten years, aims to submit planning application to Southwark council for the overhaul as well as 1000 new flats within the next year, with work set to begin in 2015.

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St Modwen has signed a pre-let deal to develop a 135,000 sq ft facility at Teal Park, Lincoln, for Siemens.

The £20m deal will see the German group occupy the development on a 12-year lease, Estates Gazette this morning reported.

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