Boroughs | Lambeth




Map Key

  • Investment Opportunities
  • Opportunity Areas
  • Area of Intensification
  • Central activity Zone

Town Centres

  • International or metropolitan
  • Major
  • District
  • Borough Boundary
  • Green Belt
  • Metropolitan open land / Other open spaces
  • Rail station
  • Railway track
  • Foreshore
  • Water

Investment Opportunities

  1. Southbank and Waterloo Area, SE1
  2. Brixton SW2 / SW9
  3. Vauxhall Nine Elms Opportunity Area

Investment Opportunities

Southbank and Waterloo Area, SE1

Southbank and Waterloo Area, SE1

Already a global cultural and tourist destination, there’s potential for 3.5m sq. ft. of new office space. When realised, South Bank and Waterloo would overtake areas including Kings Cross and Stratford for supply of office space.

Pre-pandemic, 100 million rail passengers passed through Waterloo each year – making it the UK’s busiest rail hub. Following its £800m upgrade, train capacity is able increase by 40%.

We have already committed £10m capital funding to public realm improvements. And are set to develop a masterplan for the area, with involvement of Sir Peter Hendy. 

Brixton SW2 / SW9

Brixton SW2 / SW9

Brixton already offers a ’15 minute city’ living experience and is home to renowned indoor markets, a growing food sector and a vibrant night time economy including bars, restaurants and live music venues.

Brixton’s burgeoning creative and tech economy has the potential to grow exponentially in the coming years through several large-scale commercial developments. The council is working with developers such as Derwent London and Hondo to make this happen. Already, some major creative and tech businesses have moved to the area including Squire and Partners, Jellyfish Pictures, and Resi.

Vauxhall Nine Elms Opportunity Area

Vauxhall Nine Elms Opportunity Area

Vast brownfield sites provide the setting for 42 development schemes across the Vauxhall, Nine Elms Battersea area to create London’s newest neighbourhood. Half of these schemes are complete, helping to deliver a target of 20,000 new homes. And with potential for 8,000 new jobs, and the arrival of the American Embassy, Apple, Penguin Random House, a new London South Bank University education campus and Storybox at Keybridge House, this is London’s fasting changing riverside district. In 2021 the Northern Line extension opened, cutting journey times to the West End to just 15 minutes.

Lambeth presents a world of opportunity for investment and growth in a post COVID world.

A world class cultural offer, world leading med-tech research, A-grade highly sustainable pipeline of new commercial buildings, and Europe’s biggest cluster of low carbon entrepreneurs.

A highly skilled young population, easy public transport, and cycle routes to relatively affordable great places to live, and rail connectivity via Waterloo into the southern home counties.

A political leadership which recognises the importance of growth to realise their vision for a fairer, greener Lambeth. And a highly skilled team drawn from the public & private sectors leading the Council’s regeneration, development, economic and investment functions.


Population projections 2021 317,891

Population projections 2050 378,842


London plan new homes (ten-year target) 13,350

Building council homes for Londoners (four-year programme) TBC

  • SC1 is a life science district in south central London. Founded by King’s Health Partners, Guy’s & St  Thomas’ Foundation, Lambeth and Southwark councils, SC1 is home to world leading R&D with over 600 clinical trials running at any one time, and has the potential to stimulate £34bn GVA and 62,590 jobs by 2050. The Royal Street scheme opposite St Thomas’ hospital in Waterloo is set to make a material impact on London’s lab enabled space provision.
  • Through our Future Workspace Fund, we’re investing in the creation of Europe’s largest cluster of low carbon entrepreneurs at County Hall on the South Bank.
  • Lambeth has a development pipeline to create 5million sq. ft. of new or enhanced workspace to support key growth sectors in Waterloo, South Bank, Vauxhall and Brixton.  

Matt Blades, Director of Economy, Culture and Skills

“Lambeth is one of London’s most diverse boroughs combining iconic cultural institutions with a vast and varied business community, world-class parks and open spaces and a night-time economy linked to bustling local centres. Our priority is to ensure Lambeth emerges from the Covid-19 pandemic in a position to deliver on our commitments to residents of a fairer, safer and more sustainable borough.

Investment in Lambeth is crucial for us so that we can continue investing in our award-winning parks, leisure centres and libraries; in active travel and in transitioning to net zero, as well as supporting new jobs, skills training and new affordable homes. We want to maximise the wider benefits of new development and investment in our borough to improve the lives of everyone in Lambeth.”

  • Our People goal is to address the systematic barriers to economic opportunity that many of our communities face. We aim to create an equal, inclusive Lambeth, providing good quality training and employment opportunities, improved digital inclusion and greater financial resilience.
  • Our Business goal is to support Lambeth’s economy to rebound. We will invest in selected growth sectors, fund affordable workspaces and improve digital connectivity.
  • Our Places goal is to make Lambeth’s spaces and places work for everyone, with physical improvements and greening of the Borough.
  • Our Global City goal is to strengthen Lambeth’s role within London’s economy. We will promote the Borough as an exciting place to invest, do business and visit, celebrating cultural and creative diversity and exploring transport hub opportunities.
  • Our Low Carbon Recovery goal is to take climate and transport action to become a sustainable, resilient Lambeth with a thriving low carbon economy