Lambeth’s ambitious plans to save millions of pounds a year by slashing the number of council office buildings have moved a huge step closer.
The Council has signed an agreement with Muse Developments to deliver the Your New Town Hall (YNTH) project, which will reduce its core office buildings from 14 to 2, saving at least £4.5m a year. The scheme will also create new jobs and homes, deliver a purpose-built new council office building and free up space in the iconic Town Hall for business and community use. The development will pay for itself through the redevelopment of old and expensive to run office buildings.
Cllr Paul McGlone, Cabinet Member for Finance, said: “This development agreement gives the green light to a project that will bring enormous benefits for all Lambeth residents. We have been working hard on these proposals for many months; now we can get started on turning these exciting plans into reality.
“Muse have an exemplary track record with town centre regeneration and a commitment to our philosophy, as a cooperative council, of working with the community and its stakeholders throughout the process.
“We look forward to working with Muse to guarantee that residents and businesses are really involved in influencing the design decisions involved in this exciting project as we progress.”
Muse Developments, part of the Morgan Sindall Group, was chosen as the preferred developer for the Your New Town Hall project late last year, following a Europe-wide competition. The conclusion of the Conditional Development Agreement will now allow the development partners to press ahead with the detailed design of the project, and carry out widespread consultation with Lambeth residents.
Michael Auger, development director at Muse Developments, said: “We are very excited to be on board with such a major regeneration project; we want to create something that everyone in the borough can benefit from and which adds even greater vibrancy to Lambeth’s thriving community.”
The YNTH project will:
- Preserve the current, historic Town Hall and open up it up extensively for use by local people
- Deliver a purpose-built, energy efficient, new council office
- Create space for start-up businesses to encourage innovation and entrepreneurial spirit
- Create new community spaces
- Deliver 275 much-needed new homes for the borough, of which the aim is to secure 40% as ‘affordable’
- Generate hundreds of construction jobs, including around 45 apprenticeships
All Lambeth residents will be invited to participate in the exciting and creative process of defining and proving the proposals for the Town Hall development up to the detailed designs. In partnership with Muse, the Council will be holding a number of open consultation sessions, events and workshops where residents, businesses and community interest groups will be able to say what they think of the proposals. The extensive consultation process will be supported by a permanent open exhibition in the Town Hall, information on the Lambeth website and a dedicated project website which will be launched shortly
For further information please contact:
Charlotte Howard or Jo Sistern
GL Hearn – Community Engagement Advisors to Muse Developments
0844 225 0003
London Borough of Lambeth
020 7926 8412
T: 0161 888 1604 M: 07970 454 046
Notes to editors
Muse Developments is one of the country’s leading names in mixed-use development and urban regeneration. A national developer with regional operations in Leeds, Manchester, London, and Glasgow. Muse is part of Morgan Sindall Group plc, a leading UK construction and regeneration group with revenue of over £2 billion and which operates through five divisions of construction and infrastructure, fit out, affordable housing, urban regeneration and investments.
The Your New Town Hall project will reduce the number of core Lambeth Council office buildings from 14 to just 2: a refurbished Town Hall and a redeveloped Town Hall Parade.
The construction cost of Your New Town Hall will be approximately £50 million, but the scheme will save at least £4.5million a year.
Your New Town Hall will also deliver 275 new homes, at least 800 new jobs, and an estimated 45 apprenticeships as well as work placements. New office space for businesses and the community as well as fit for purpose offices which will improve the services that Lambeth residents use will also be provided – these are all delivered at no cost to the tax payer.