Qatari Diar Begins Construction of the Second Phase of Elephant & Castle Development in London

Construction has begun on the second phase of the Elephant & Castle Town development in East London, owned by Qatari Diar in partnership with British property company Delancey. The new phase marks another step toward transforming the area into an integrated destination for living, working, retail, and leisure.

The second phase will include 485 residential units, a new university building for the London College of Communication, approximately 135,000 square feet of retail and leisure space, and 55,000 square feet of office space.

Rick de Blaby, Chief Executive Officer of Get Living, said the new phase represents the continuation of an integrated development combining homes, employment opportunities, leisure facilities, healthcare services, and public spaces. He noted that the project is expected to contribute to the transformation of the area while addressing London’s growing demand for affordable housing and student accommodation.

He added that construction at the eastern site is progressing well, alongside the presentation of enhanced plans for the western site, which are expected to deliver greater benefits to the existing and future community compared with the originally approved plans.

Once the second phase is completed, the development will provide new retail, leisure, and office spaces, as well as residential units and a new university building. The works will also pave the way for the demolition of the existing university building and the redevelopment of the western site, the last remaining plot within the Elephant & Castle development.

The project was first approved in 2019. In 2016, Qatar partnered with Delancey and Dutch pension fund APG to undertake the redevelopment of Elephant & Castle, with the project’s estimated investment reaching £4 billion.

The first phase delivered 979 residential units, a new campus for the London College of Communication, retail outlets, healthcare and leisure facilities, public spaces, and improvements to the transport infrastructure connecting the area with Central London.