A new kind of gentrification is spreading through London – and emptying out schools | Anna Minton

Thanks to ‘placemaking’, thriving communities are hollowing out, to be replaced by luxury apartments and expensive restaurantsTeachers at Charlotte Sharman school in south London’s Elephant and Castle are on strike this week, protesting against the fact that the primary school will be forced to close at the end of term. It is one of many inner London schools facing closure as a result of a 25% drop in under-fours in some boroughs, according to the most recent census. Charlotte Sharman is just around the corner from the site of the Heygate estate, which was demolished in 2014 and replaced by Elephant Park, a development of thousands of luxury apartments, built by the Australian developer Lendlease. After the Heygate was knocked down, the school roll slumped.Elephant Park, which has won many awards for “placemaking excellence”, is seen as an exemplar of a new global regeneration industry. In place of lower- and middle-income family housing, the new neighbourhoods are typically created to include luxury apartments set in high-security privatised public space, global retail brands, pop-ups, expensive bars and restaurants, and often a university or art gallery to provide cultural capital.Anna Minton is the author of Big Capital: Who is London for? Her new book on the sterile city will be published by Penguin next year Continue reading...

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