Policy information sourced from the Southwark Local Plan 2022
ST1 Southwark’s Development Targets
- Development will improve the places in Southwark to enable a better quality of life for Southwark’s diverse population. It must contribute to our Strategic Vision, Local Area Visions, Strategic Policies, Development Management Policies and Implementation Policies to protect, enhance and regenerate our places. This will ensure the borough continues to be successful, diverse and vibrant. We will work with our partners, local communities and developers to ensure that developments deliver the required growth and improvements to achieve our targets including:
- 40,035 homes between 2019 and 2036 (2,355 new homes per annum), this includes 10,217 homes on small sites between 2019 and 2036 (601 new homes per annum).
- 11,000 council homes will be delivered by 2043 as part of the overall housing target.
- 58,000 total jobs between 2019 and 2036 including at least 1,000 new green jobs through the Southwark Green New Deal. The targets for the distribution of jobs are:
| Borough, Bankside and London Bridge Opportunity Area | 10,000 |
|---|---|
| Elephant and Castle Opportunity Area | 10,000 |
| Canada Water Opportunity Area | 20,000 |
| Old Kent Road Opportunity Area | 10,000 |
| Other Town Centres | 8,000 |
- 460,000 sqm office floorspace between 2019 and 2036 (equating to around 35,500 jobs). Around 80% of new offices will be delivered in the Central Activities Zone. Additional offices will be delivered in the Canada Water and Old Kent Road Opportunity Areas and in town centres;
- 90,000sqm additional employment floorspace between 2019 and 2036 outside the CAZ including industrial, distribution, hybrid and studio workspace;
- 76,670 sqm net new retail floorspace between 2019 and 2036 6,560sqm convenience retail, 42,130sqm comparison goods retail, 27,980sqm food and beverage). The targets for the distribution of the retail floorspace are:
| Elephant and Castle Major Town Centre | 10,000sqm |
|---|---|
| Peckham Major Town Centre | 7,000sqm |
| Canada Water Opportunity Area | 40,000sqm |
| CAZ and District and Local Town Centres | 19,670sqm |
- The growth of other activities that create successful places such as places to work, leisure, arts and culture, sports, schools, health centres and tourist activities. We will encourage developments to focus on the strengths of places that make the different areas of the borough distinctive and respect and integrate with the local and historic context and communities.
- The location and design of new development contributing to securing our targets of carbon neutrality by 2030 and net zero carbon by 2050;
- Increase the provision of open space in the borough by requiring the provision of 11 hectares of new open space as identified in site allocations along with the designation of MOL, BOL and OOS as identified on the Policies Map.
For more information please see the Southwark Local Plan 2022