URL: https://moderngov.southwark.gov.uk/ieDecisionDetails.aspx?ID=8513

Decision Maker: Cabinet

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

Purpose: To update on plans for phase 2 of the Tustin Estate renewal

Content: To update on plans for phase 2 of the Tustin Estate renewal RESOLVED:   1.  That it be noted that since the development agreement was signed in October 2022, the Tustin Estate Renewal has been progressing well on site, and that Phase 1 is about to complete and will deliver 167 new homes, including 157 council homes for social rent, and 10 homes for resident leaseholders.   2.  That it be noted that the council will enter into the Phase 2 early works contract as referred to in the 2 December 2025 cabinet report.   3.  That it be agreed the council should enter into the Phase 2 main works contract with BY Development Limited in the estimated sum of £164,499,943 for a period of five years, commencing May 2026.   4.  That it be noted that the main works contract will include the construction of all four blocks within Phase 2, but will include separate prices for the development of each of the four blocks within Phase 2, with a break clause that can be exercised before the end of October 2026 to exclude blocks F1, F2 and H.

Date of Decision: February 2, 2026