Archetech Issue 47 2020 | Page 94

ROCKWELL EXCHANGES CONTRACTS ON PRIME ELEPHANT AND CASTLE SITE ROCKWELL Rockwell has exchanged contracts on the Salvation Army Headquarters at 101 Newington Causeway in the London Borough of Southwark. The freehold purchase, in the heart of Elephant and Castle, is one of the last major opportunities in the regeneration of the area and offers outstanding scope to redevelop the existing office buildings. The disposal is to support Salvation Army’s relocation to new headquarters within the Borough at Denmark Hill. Elephant and Castle has benefitted from major investment in recent years, with redevelopment proposals including the Shopping Centre and Elephant Park set to deliver a substantial amount of new residential, office and commercial space. In total, more than £4bn is being invested into the area’s regeneration, with redevelopment of the former Salvation Army headquarters able to contribute significantly to the vibrancy and vitality of the town centre.