CBRE Borough Guide: Southwark
Southwark, like neighbouring Lambeth is a diverse borough with plenty to offer its residents. It has a rich cultural offering with Borough Market, Bankside and the Tate Modern all within its borders. There is also the business cluster around London Bridge, which includes the Shard and accommodates a range of companies including Al Jazeera Media Network, Duff & Phelps and Mathys & Squire. Southwark also includes a range of vibrant neighbourhoods including Dulwich, Peckham, Camberwell and Bermondsey, some of which are undergoing rapid change.
The borough also continues to undergo significant regeneration and areas including the Southbank, Elephant & Castle and Canada Water all continue to undergo significant transformations. The borough could also benefit from an extension to the Bakerloo line. If the plans go forward the line will be extended across the borough and will incorporate two new stations along the Old Kent Road. The road itself is already identified as an Opportunity Area in the London plan, which spans 700 acres and targets the delivery of 20,000 new homes.
Good to know:
- Southwark has, at 31, the largest number of outstanding primary schools.
- Southwark has a long tradition as a centre of entertainment and in 1599 Shakespeare’s Globe Theatre was built in the Bankside area. Although the original theatre burnt down in 1613, a modern replica has been built near the original site.
- London’s first crossing over the River Thames stretched from Southwark, the poorer side of the river, to the more prosperous City on the north bank.