Major scheme approved in Vauxhall town centre
The revolution of Vauxhall’s town centre has moved closer after a key development received the seal of approval from London’s Mayor, following Lambeth’s planning consent in December 2018. Vauxhall’s ‘island site’ opposite the current bus station will be home to an eye-catching development from Zaha Hadid Architects, that includes new homes, shops, a hotel and a public square.
As part of the planning approval, Lambeth council has secured an agreement from the developer that they will pay the authority £30million towards building new council homes in the borough.
Cllr Matthew Bennett, Cabinet Member for Planning, Investment and New Homes, said: “This decision is really important for Lambeth because of the benefits it delivers. It paves the way for new homes, a new town centre and extra council flats.
“As a council we are determined to improve air quality, address the housing crisis, support business and create opportunity for all our communities, including creating 8,000 new jobs in Vauxhall. This project contributes to all those goals.”
The site is based on the future road layout that sees the Vauxhall Gyratory converted back into a two-way street, essential for making a town centre that is pedestrian and cycling friendly.
The development is designed to fit in with Transport for London (TfL) and the council’s redevelopment of Vauxhall bus station, and will include three new bus shelters.
The developer has also agreed to provide £780,000 towards supporting local employment and skills development, £960,000 towards carbon offsetting, £600,000 over ten years towards the open space, £220,00 towards a cycle hire dock. The development would also be liable for a local community infrastructure levy of approximately £22.4million and Mayoral Community Infrastructure Levy of around £5.4million for transport.
This removal of gyratory which would also include a new bus station, which was granted planning permission in February this year.