One The Elephant
One The Elephant is a residential apartment development, in Elephant and Castle in the London Borough of Southwark, centred around a 37-storey 124m tall tower. At the base of the tower is a four-storey L-shaped pavilion containing apartments and retail units. The development lies immediately adjacent to the Metropolitan Tabernacle and in close proximity to Elephant and Castle tube station a Zone 1 London Underground station.
Planning consent was granted in 2012. The then Mayor of London, Boris Johnson, visited the site as construction began in 2013. The development was completed in summer 2016.
The development comprises 284 apartments. It contains no affordable housing, with developer Lendlease making a £3m payment in lieu towards the development of adjacent leisure facility The Castle Centre. Including that payment, the sale of the land and proceeds from an overage deal, Southwark Council received £22m from the One The Elephant development which more than covered the £20m cost of the new leisure centre.