A new housing project in Elephant & Castle has been approved, involving the construction of 900 homes across two skyscrapers, with 25% designated as social rent. The development plans necessitate the demolition of existing landmarks, including the Mercato Metropolitano food market and the Institute of Optometry. Alongside residential units, the project will feature commercial spaces and a community centre. However, local opposition has emerged, highlighting concerns about the welfare of displaced market traders, increased strain on community services, construction disruptions, loss of light, and insufficient affordable housing within the new scheme.
The Borough Triangle Development will consist of 900 new homes, 25% of which are social rent, alongside commercial spaces, but it faces community backlash.
Critics from the local Save Borough Triangle Group express concerns over Mercato Metropolitano traders' future, local service strain, construction disruption, loss of daylight, and affordability.
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