Southwark council votes to swap Notting Hill Genesis for replacement in order to speed up Aylesbury Estate regeneration
Southwark council has formally agreed to change a development partnership agreement to enable Notting Hill Genesis to pull out of the later stages of a 4,200-home regeneration project.
Councillors on Monday night formally approved the change, which the council said has been mutually agreed with 68,000-home NHG.
The council believes finding new development partners for the Aylesbury Estate will allow the project to be accelerated.

Helen Dennis, cabinet member for new homes and sustainable development at the council, said: “Vacant blocks that require demolition have driven anti-social behaviour and crime. Plans for the Aylesbury have been beset by legal delays and other challenges, and residents want us to move faster.”
Under the revised agreement, NHG will complete work on three sites as part of the project, including 640 homes awaiting final planning permission. NHG will have completed 1,664 homes in total on the estate.
But NHG will relinquish its rights to the future phases of the project that have yet to be implemented and Southwark will instead seek new development partners.
The Aylesbury Estate project, which began in the 2000s, is seeing around 2,700 homes built in the 1960s demolished and around 4,200 new units built. A total of 1,041 have been built so far.
NHG has been approached for comment.
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