Profit overage payment received from Lendlease re: 'One the Elephant'

The request was successful.

Dear Southwark Council,

In 2013, Southwark Council signed a development agreement with regeneration partner Lendlease for the redevelopment of part of the former Elephant and Castle leisure centre site(ref:12/AP/2239). The agreement concerned the sale of part of the site to developer Lendlease in order for it to build a 37-storey private residential tower called 'One the Elephant'. The agreement said that in return for the land, the Council would receive the sum of £6.5m from Lendlease, plus a share of the profits once the development is completed.

Please tell me how much the Council has received or is due to receive from this profit share agreement now that the development has been completed.

I look forward to hearing from you.

Yours faithfully,

Jerry Flynn
35% Campaign
www.35percent.org

accessinfo, Southwark Borough Council

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Information Governance Team

Southwark Council

 

 

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References

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1. http://www.southwark.gov.uk/info/200031/...

Planning, Southwark Borough Council

Southwark Council - Information request

Our reference: 704641

show quoted sections

Planning, Southwark Borough Council

Southwark Council - Information request

Our reference: 704641

show quoted sections

Dear Ms Plewniak,

You said that you would be in a position to respond to this FOI request 'in the New Year' but we have not heard from you with an updated response.

Please could you chase this request and provide us with the information now that the audit has been completed.

Many thanks,
Jerry Flynn
www.35percent.org

CEXaccessinfo, Southwark Borough Council

Dear Mr Flynn,

Our response to this request was that the council did not hold this information at the time.

A new request needs to be resubmitted to enable us to provide you with a response.

Yours sincerely,

Martyna Plewniak
System Information Project Officer
E: [email address]

show quoted sections

Dear Ms Plewniak,

Then please consider this as a renewed request for that information.

Yours sincerely,
Jerry Flynn
www.35percent.org

Regeneration, Southwark Borough Council

Southwark Council - Information request

Our reference: 757786

show quoted sections

Regeneration, Southwark Borough Council

Southwark Council - Information request

Our reference: 757786

show quoted sections

CEXaccessinfo, Southwark Borough Council

Link: [1]File-List

Dear Mr Flynn,

 

Re: Your request for information: 757786

Thank you for your request for information that was received on 22
February 2017 in which you requested:

 

In 2013, Southwark Council signed a development agreement with
regeneration partner Lendlease for the redevelopment of part of the former
Elephant and Castle leisure centre site(ref:12/AP/2239). The agreement
concerned the sale of part of the site to developer Lendlease in order for
it to build a 37-storey private residential tower called 'One the
Elephant'. The agreement said that in return for the land, the Council
would receive the sum of £6.5m from Lendlease, plus a share of the profits
once the development is completed.

Please tell me how much the Council has received or is due to receive from
this profit share agreement now that the development has been completed.

 

Please accept our apologies for the delay in responding to your request.

Your request has been dealt with under Environmental Information
Regulations (EIR) 2004.

In response to it, we are able to provide the following information:

 

The council will receive a minimum £12.248m overage payment  from the One
the Elephant scheme.  

 

 

If you are unhappy with the service you have received in relation to your
request and wish to make an appeal for a review of our decision, you
should write to the Corporate Freedom of Information Manager at:

Corporate Freedom of Information Officer

The Governance Team (2^nd floor)

PO Box 64529
London

SE1P 5LX
Email: [2][Southwark Borough Council request email]

 

 

If you are not content with the outcome of your appeal, you may apply
directly to the Information Commissioner for a decision. Generally, the
Information Commissioner cannot make a decision unless you have first
exhausted our internal appeal procedure and you should contact him within
2 months of the outcome of your internal appeal.

Further information on the Freedom of Information Act is available through
the Information Commissioner at the:

Information Commissioner's Office
Wycliffe House
Water Lane
Wilmslow
Cheshire

SK9 5AF
Telephone: 0303 123 1113
Internet: [3]www.ico.org.uk

 

 

Yours sincerely,

 

Martyna Plewniak

System Information Project Officer

 

 

The email you received and any files transmitted with it are confidential,
may be covered by legal and/or professional privilege and are intended
solely for the use of the individual or entity to whom they are addressed.
If you have received this in error please notify us immediately. If you
are not the intended recipient of the email or the person responsible for
delivering it to them you may not copy it, forward it or otherwise use it
for any purpose or disclose its contents to any other person. To do so may
be unlawful. Where opinions are expressed in the email they are not
necessarily those of Southwark Council and Southwark Council is not
responsible for any changes made to the message after it has been sent.

References

Visible links
1. file:///tmp/cid:filelist.xml@01D2A8A9.C2B18940
2. mailto:[Southwark Borough Council request email]
3. http://www.ico.org.uk/

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