London SE1 community website

Borough & Bankside Community Project Bank Workshop

This event is in the past. This is an archive page for reference.

If you've got an idea to improve the local environment in Borough & Bankside, come along to this community workshop to fill in a form to have your idea considered for a new project bank of local ideas to be implemented when money becomes available from local developments.

The council has agreed a new system where local people will have greater say in how section 106 (s106) funding is allocated in Southwark.

The funding, which normally comes from developers as part of a deal when they are given planning permission for a building, is aimed at ensuring developments bring with them community benefits and contribute to the well-being of the area.

The Community Project Bank (CPB) will mean residents or a group of people can put forward an idea during an annual application process. Council officers will work with residents and community groups to ensure that they are viable, and then community councils will be asked to give them final approval.

Cllr Paul Noblet, executive member for regeneration, said:

"We are always looking for ways to get local people more involved in their communities and this excellent scheme will build on the success of the popular cleaner, greener, safer investment programme. Regeneration isn't just about new buildings, it is about making sure that local people benefit too in the form of better and more parks and green spaces, and increased education, community and health facilities."

Section 106 agreements are particularly important in Southwark as there are currently a huge number of major regeneration schemes within the borough. As these get planning permission, the s106 agreements make sure that current communities benefit at least as much as those new residents, businesses and visitors attracted by the regeneration.

Southwark is at the forefront when it comes to securing good levels of s106 funding, and recent examples include around 6million from a development at 20 Blackfriars Road, which will go towards open space and play areas, education, healthcare, road improvements, renovation to Christ Church Garden and employment, including helping to get local people jobs on the construction of the site.

The new scheme, which will be rolled out across Southwark during the next 6 months, will be in addition to the current system of allocating s106 money. Project banks will be trialled for a year, with a view to making them a permanent fixture if they prove successful.

This event is in the past. This is an archive page for reference.
Keep up with SE1 news

We have three email newsletters for you to choose from:

We are part of
Independent Community News Network
Email newsletter

For the latest local news and events direct to your inbox every Monday, you need our weekly email newsletter SE1 Direct.

7,000+ locals read it every week. Can you afford to miss out?

Read the latest issue before signing up