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the arts, music and literature, a cluster of small spaces in The Gaumont one and is not expected to be fully complete for the next 10-15 years.
will be home to independent creatives to strengthen and encourage The Elephant, a landmark building undergoing a transformative
King’s Road position at the epicentre of London’s art, fashion, design £132M redevelopment in the heart of the capital by developer Publica
and music scene. With a long-term stewardship approach, Cadogan Properties, has officially reached its topping-out milestone. The iconic
has sought not only to preserve and showcase the historical signif- former House of Fraser building at 318 Oxford Street, London W1 is
icance of this building, but also to ensure the development plays its being reimagined as a vibrant mixed-use office and retail destination,
role in contributing to a sustainable environment through the incor- featuring a marquee restaurant on the eighth floor with 360-degree
poration of solar photovoltaic panels, roof top greening, low carbon views across the city. Set for completion in autumn 2026, The Elephant
water source heat pumps and targeting a BREEAM ‘Excellent’ rating. will offer 366,000sq ft of premium commercial space including a state-
Two stops from London Bridge and four stops from Waterloo, of-the-art gym, a 25m swimming pool and 42,600sq ft of retail units.
Canada Water is already one of London’s best-connected places. Its The project has been designed to preserve and enhance the structure
new chapter will include everything from flexible workspace and labs with upmost attention to adapting the existing building structure and
and a new high street and town square to 12 acres of new public realm minimising embodied carbon. The plans include the provision of new,
and a new 3.5 acre park. Inspired by its rich heritage, Canada Water’s attractive shopfronts, extensive refurbishment of the existing façade
sustainable two million square feet of state-of-the-art work and lab and the creation of highly flexible, open floorplates for varied uses.
spaces, one million square feet of world-class retail and cultural space, They are also incorporating a large-scale elephant sculpture crafted
3,000 new homes and green public spaces will make it one of Lon- from recycled steel, symbolising the project’s commitment to sustain-
don’s most exceptional places to work, live, relax and grow. The first ability and innovation in urban placemaking. For the interior, the
phase of the Canada Water masterplan completes this year, delivering existing sixth and seventh floors have been removed and replaced with
300,000sq ft of workspace and 13,000sq ft of retail at Three Deal Por - three new floors. MGAC is providing project management, cost man-
ters and Dock Shed, a new leisure centre for Southwark Council and agement and health + safety services for the project which is reflective
186 new homes at The Founding. Under development by British Land of a wider shift in the industry to reduce embodied carbon through
in a joint venture with AustralianSuper, the project is a wide-ranging the strategic reuse of existing building materials.

The Elephant, Oxford Street, London, UK Developer, Publica Properties

54 Retail & Leisure International November 2025