The Secretary of State’s Planning Inspector has given the green light for the £2.4 billion regeneration of the Aylesbury estate in South London
The Aylesbury Area Action Plan (AAP) has been developed by Southwark Council and masterplanners Urban Initiatives over two years to overhaul the largest council estate in Europe.
Last week the council’s executive approved the start of the rehousing project of 500 residents in the first phase of the Aylesbury programme.
Next, the council will select developers for phase one of the scheme and it has also agreed the start of work on the PFI programme to deliver phases two and three of the regeneration.
Councillor Paul Noblet, executive member for regeneration said: ‘The Aylesbury programme received a cash boost from the Homes and Communities Agency a few months ago; and Southwark is the only London authority to share £1.7 billion PFI funding to help deliver new homes.’