Lambeth Council’s plan to reduce the number of office buildings it runs and to redevelop Lambeth Town Hall in Brixton have been given the go-ahead.
The decision was made at Lambeth Council’s Cabinet meeting at the town hall last night (November 4).
Cllr Paul McGlone, Cabinet Member for Finance, said at the meeting: “This is a good deal for Lambeth – it will save at least £4.5 million a year, deliver new affordable homes as well as jobs for local people.
“It’s a smart deal too because by selling off our old and expensive office buildings we can make the development pay for itself.
“In Clapham we provided a new library, a GP health centre, leisure centre and affordable housing at no cost to the taxpayer by taking a similar approach and working successfully with a development partner.”
The new scheme will see the town hall opened up even further to local people, space for start-up businesses, a purpose built energy efficient new council office, 275 new homes of which the aim is to secure 40% as ‘affordable’ and hundreds of construction jobs, including 45 apprenticeships.
Cllr McGlone said: “Lambeth town hall is an iconic building that’s been at the heart of the community for over 100 years and this development makes sure it retains that special place.”
The cabinet named Muse as its preferred developer. No contracts have been signed and there now follows a period of 10 day legal standstill before any decision is finalised.